The London Life Insurance Company is a Canadian life insurance company best known for its “Freedom 55” slogan, which evokes saving money to an extent that would allow one to retire at age 55. London Life is a part of Great-West Lifeco subsidiary The Great-West Life Assurance Company, which in turn is controlled by Power Financial Corporation. Great-West Lifeco owns 100% of The Great-West Life Assurance Company. Power Corporation owns 72% of Great-West Lifeco, the only one of those finance companies to be a member of the TSX Composite Index.
At Great-West Life, of which London Life is a subsidiary, we’re focused on improving the financial, physical and mental well-being of Canadians. Our customers across Canada trust us to provide for their financial security needs and to deliver on the promises we make. That trust is built on the dedication, skill and energy of our employees and financial security advisors and their commitment to our customers and to our communities.
Whether handling policy claims, growing and protecting clients’ retirement and investment savings, providing workplace mental health support for all employers or helping build stronger communities by investing in community projects, we are committed to putting the customer first in all that we do.
A term-life insurance offering from London Life, this plan includes coverage options of 10 or 20 years, making it a wise choice for younger adults or those looking for coverage at a small price. This plan comes with the option to easily convert to permanent life insurance.
For those looking for a lifetime of protection as well as the ability to build tax-advantaged investments, London Life has just the plan. With London Life’s Whole Life Insurance plan, your premium payments are invested for you, and you get to watch your cash value build.
Universal Life Insurance from London Life allows a policyholder the flexibility not offered by other plans. With this type of insurance, a policyholder has the option to modify premium payments based on his or her financial situation.
With London Life Critical Illness Insurance, you can be sure to offer your family a means of coping with a potential serious illness, should one arise. Critical Illness Insurance allows you to focus on your recovery, while simultaneously granting you peace of mind.
Through a flexible plan by London Life, this plan focuses on replacing income potential in the even that you become disabled and cannot earn for your family. This monthly payment, should you need it, would cover the needs of your family who depend on you.