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Wawanesa Mutual Life Insurance Company was introduced as a mutual company in 1961, and sold its first life insurance policy. [ 8 ] [ 10 ] In 1975, Wawanesa's United States branch was established under the laws of California, [ 12 ] making it the first Canadian general insurance company to successfully enter the US.
The current company is the result of the 2020 amalgamation of The Great-West Life Assurance Company, London Life Insurance Company and The Canada Life Assurance Company, along with their holding companies (London Insurance Group Inc. and Canada Life Financial Corporation). [2] The company is a wholly owned subsidiary of Great-West Lifeco. [1]
Founded as the Travellers Life Assurance Company of Canada; name changed in 1924. Merged into Empire Life. Mutual Life Assurance Company: 1868 2002 Renamed Clarica Life in 2000. Acquired by Sun Life in 2002. National Life Assurance Company of Canada 1897 2005 Merged into Industrial Alliance Insurance North American Life Assurance Company: 1881 1995
Securian Canada is the Canadian subsidiary of Securian Financial Group, a provider of insurance, investment, and retirement solutions based out of St. Paul, Minnesota, United States. Its roots go back to 1955, when the Canadian Premier Life Insurance Company was incorporated.
Group Term Life Insurance, Group Short-Term Disability Insurance, Chronic Illness Rider, Financial Education for Members: Revenue: $41.47 million USD (2022) [1] Total assets: US$126.43 million (2022) [1] Website: www.waepa.org
A short-term life insurance policy may be able to cover you until your temporary life change has resolved and you can get the traditional life insurance policy you want.
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At the start of McIntosh's term as president, Equitable moved into high-interest annuity sales, and between 1987 and 1990 was the country's fastest growing life insurance company. By 1991, around 60 per cent of the company's $173 million income came from annuities, and the only profitable place to invest the income was in real estate.
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