Canada’s top five Life Insurance companies
By Canada. Today we are presenting about the best life insurance company in Canada.
Manulife Financial : Manulife financial Insurance Company is the largest insurance company in Canada. The total capital of this company is CAD 750.27 billion. The company’s objectives include insurance, asset management, support and financial advice from various parties. The company has more than 20 million customers worldwide. The company makes a profit of over CAD 20 billion every year and is providing that profit to countless customers. It is the world’s largest financial services company. The company trades assets worth about one trillion Canadian dollars. Constantly dedicated to customer satisfaction, this company is the largest life insurance company in Canada.
Power Corporation of Canada : Power Corporation, Canada’s oldest and most trusted company, has been providing life insurance services for a long time. It was founded in 1925. The total capital of this company is more than CAD 477.25 billion. This company, which is trusted by everyone with new goals, makes long-term decisions only by understanding everyone’s point of view on primary issues. Giving special importance to renewable energy projects, entrepreneurs doing business, etc., the company has managed its capital by covering exploratory and achievable areas.
Power Financial : It is the parent of Canadian life insurance companies because everyone knows about this company. Its total income is more than 1964 billion US dollars. Founded in 1984, the life insurance company employs more than 28,400 people. R. Jeffrey Orr is the key person of this company which has made a high image by providing services in countries like UK and Ireland.
Desjardins : Desjardins life insurance is a well-known Canadian life insurance company founded in 1948. The company has been providing life insurance, health insurance, retirement insurance, business insurance etc. services for a period of 72 years. Founded by Guy Cormier, the company has a total worth of CAD 295.5 billion. The company, which is spread across Canada and other countries, it kept $110.3 billion in its administration at the end of 2018.
Sun Life Financial : Known as the most reliable life insurance company in the Canadian market, the company has a total worth of over CAD 271.83 billion. The company, which employs more than 40,600 people, was founded by Matthew Hamilton Gault. The company, which has been established for more than 155 years, has been providing services like life insurance, pensions plan, dental insurance, health insurance etc.
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