Canada Life
Canada Life
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Canada Life

Canada Life UK is part of a global organisation, with Great-West Lifeco being the oldest Financial Times Global 500 Canadian life assurance provider, currently servicing 40m customer relationships worldwide, with over £1.8trn in Assets under Administration.

Canada Life entered the UK market in 1903, building on the heritage of our founding company. Currently Canada Life covers almost three million employees across over 27,000 schemes. In 2024 alone, Canada Life paid out over £525m in claims across its Group Life Assurance, Income Protection and Critical Illness portfolios.

Canada Life being one of the market leaders in workplace benefits is an SME business specialist, offering enhanced terms to SJP Partners and access to the CLASS online portal where a scheme can be quoted, placed on risk, and renewed, all online with access available 24/7. A scheme can be quoted for and placed on risk in as little as 15 minutes.

Beyond the online portal, Canada Life has a host of specialist teams and subject matter experts that are available for SJP partners to consult with to provider training, support, and answer queries to enable the sales cycle and portfolio management to be as transactional and streamlined as possible.

 

 

Overview

Additional content

Group Life Insurance | Canada Life UK

Provides a tax-free lump sum if an employee dies while covered by the policy.

  • Low-cost employee benefit which can be used as tax relief.
  • Low level of policy administration, easier than ever to attract and retain top talent.
  • Employees pay no inheritance tax, helping provide their families with extra security.
  • Employees can benefit from a bereavement counselling and probate helpline.

Group Income Protection | Canada Life UK

Replacement income if an employee is unable to work due to injury or illness.

  • Helps reduce the cost of absence and is tax-deductible as a business expense.
  • Attract and retain the top talent and help them get back to work sooner.
  • Protects the employee's income – limited state benefits available.
  • Employees get access to WeCare – a 24/7 online GP, plus wellbeing, financial and legal support.

Group Critical Illness | Canada Life UK

Provides a tax-free payment if an employee is diagnosed with a critical illness.

  • Boost your benefits package - attract and retain top talent.
  • A variety of cover options to suit all budgets – all including emotional and practical support services.
  • Employees get essential financial support of up to £500,000 - covering up to a total of 38 conditions.
  • Total permanent disability cover is available.

Link to register for an agency

No need for separate terms of business, send your AR details (firm/intermediary name, registered address and contact details) to [email protected] and an intermediary agency will be setup accordingly.

Contact details

For sales related queries please contact [email protected]

For standard quote requests please contact [email protected]

For CLASS (online portal) related queries please contact [email protected]

For any other queries please contact our main contact centre on [email protected]

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