The Empire Life Insurance Company (Empire Life or Empire Vie) is a Canadian life insurance and financial services company with its headquarters in Kingston, Ontario, Canada. It was incorporated in 1923 and is a subsidiary of E-L Financial Corporation Limited of Toronto, Ontario, Canada.
Empire Life is now one of the top 10 life insurance companies in Canada.
The company provides individual life, health and investment products as well as group life and health products through independent distribution partners including financial advisors, management general agents, national account firms and employee benefit producers.
Premiums that are linked to interest rates set by the Bank of Canada allow Empire Life’s Hybrid Solution 100 to stand out as a unique product within the insurance industry. Also offered is the EmpireLife Solution 100, which allows for fixed premiums until the age of 100.
The Empire Life Solution 10 or 20 plans are for those seeking short-term coverage of either 10 or 20 years. These are affordable, renewable protection plans with guaranteed premiums.
Providing lump sum benefits for those who have experienced one of over 23 critical illnesses, Empire Life’s Critical Illness Insurance plans cover Canadians up to 75 years of age.
For individuals seeking a little more freedom and leeway to pursue investment decisions as they see fit, Empire Life’s Trilogy and Trilogy Plus plans are a great choice. With the ability to build cash value that can be used at the policyholder’s discretion, these Universal Life Insurance plans offer fantastic flexibility.
With a cash value component that increases through time, Empire Life’s Optimax plans have fixed premium payments, and the option to allow policyholders to share in profits made by participating Empire Life policies.