Canada Life Universal Life Insurance

Grow Your Wealth with a Robust Lifelong Protection

Do you need a robust life insurance coverage that can be adjusted with your changing needs and situation?
Canada Life universal life insurance is the right coverage for you designed to meet your respective insurance needs.
If you need a flexible coverage, there is no better option than this. It is a permanent life insurance that protects you and your family for a lifetime. The life insurance coverage provides you the opportunity to grow your wealth over time. This makes it easy for you to maximize your coverage while you are still alive. You can leave a legacy for your loved ones. It is a cost-effective insurance plan that has a tax-advantaged investment component that can be managed based on your risk tolerance and also financial goals.

Features and Benefits

Universal life insurance allows you to grow your wealth in order to fund your children’s education, start a business or support your retirement income. The coverage provides the insured with a tax-advantaged lump sum which can be used for these purposes. The plan allows you to set your schedule for the payment of your premiums, depending on your budget.

  • Canada Life universal life insurance is a cost-effective and flexible life insurance coverage that can be customized to suit your changing lifestyle.
  • It comes with a tax-advantaged component that can be managed depending on your risk tolerance and financial goals.
  • The premium payments can be adjusted, within certain limits, depending on your changing situation and needs.
  • The coverage allows you to grow your wealth in order to support your retirement income, start a business or fund your children’s education.
  • You can choose from several investment options available in this plan. This makes it easy for you to choose an investment option that will match with your risk profile and your financial objectives.



Additional resources

Learn more about life insurance from these informative articles to help you decide in choosing the best plan for you.

Insurdinary provides a comprehensive quotes comparison sends straight to your inbox so you can start comparing health coverage in minutes. See plans from several major Canadian insurers to choose the right option for you. Our customer health specialists are also available to address your questions and concerns.

For more information, you may contact us at 1-877-574-7475, or complete the form below.

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