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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.
The top insurance providers in Canada are Manulife, Canada Life (subsidiary of Great-West Lifeco), Sun Life Financial, Desjardins, and IA Financial Group (aka Industrial Alliance). [ 1 ] [ 2 ] Smaller insurers include those operating as subsidiaries of banks , such as CIBC Insurance and TD Insurance.
Canada Protection Plan offers a range of life and critical illness insurance products, many of which are available without the need for medical tests or examinations. [21] [22] All products are available via paper or through a contactless process, from one of over 25,000 independent advisors, or through Canada Protection Plan's in-house licensed insurance advisors. [23]
Permanent Life Insurance Policies . Permanent life insurance covers you for a lifetime—with a death benefit that’s guaranteed to pay out. They typically include a cash value component that ...
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]
ScotiaLife Financial is a Canadian insurance company that is a subsidiary of Scotiabank (also known as Bank of Nova Scotia.. Through this brand, Scotiabank Group markets commercial insurance products to the general public, predominantly individuals and families. [1]
Sun Life Financial Inc. is a Canadian financial services company. It is primarily known as a life insurance company. Sun Life has a presence in investment management with over CAD$1.3 [4] trillion in assets under management operating in a number of countries. [5] Sun Life ranks number 235 on the Forbes Global 2000 list for 2022.
The Independent Order of Foresters, [1] operating as Foresters Financial, is a fraternal benefit society headquartered in Toronto, Ontario, Canada, that provides life insurance and other financial solutions in Canada, the United Kingdom, and the United States. As of 2022, Louis Gagnon has served as the company's president and CEO. [2]
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