Independent Life Insurance Reviews

Canada Life Life Insurance Reviews

(4 reviews)
This page has been viewed by:
1,943
consumers
Category: Insurance Rates, Prices
(1.7 out of 5 stars)
Customer Service:
Value for Money:
 

expensive and poor service

 
(1.0 out of 5 stars)
by pamlee May 06, 2019
...This insurance is expensive compared to other life insurance. We bought ours and when a broker came to us we were very upset that the Canada Life agent gave us pay for life and that the premium is very expensive compared to if we buy from other life insurance companies. It was more than 10 years since we were paying and our cash value was only $600 ( this is for ten years in contribution)! We transferred already. We also learned from other friends that they also have the same worse experience as us with Canada Life...
0 of 0 people found this review helpful. Did you?
Did you know that if you are a 35-year old female, a term life insurance policy for 10 years with coverage of $500,000 will cost you around $15-$20/month? Getting your life insurance quote today will allow you to lock-in a great rate.
 

Class Action coming!!!! Scams

 
(1.0 out of 5 stars)
by SoUpset May 01, 2019
...Would you all be willing to file for a class action lawsuit against this company? It doesn’t seem that they do anything that they are supposed to and they just take your money. My parents had been paying $75 a month for the past 20 years for life insurance, now suddenly they are told they need to pay $720 a month!!! Who can afford that?...
0 of 0 people found this review helpful. Did you?
 

it's ok I guess...

 
(4.5 out of 5 stars)
by alex Nov 13, 2013
...My insurance broker offered me both Sunlife and Canada Life's term life policies which were the cheapest for my age and health condition - they would cost nearly the same...
0 of 0 people found this review helpful. Did you?
Thinking of getting a life insurance quote from an insurance agent? They work for one insurance company and can only sell the products of that company. That may not result in the best rate for you. Our insurance brokers compare life insurance quotes across 20+ Canadian insurers for you.
 

N/A

 
(2.5 out of 5 stars)
by mollyd Apr 25, 2012
...In doing more research I feel our premiums are high...
0 of 0 people found this review helpful. Did you?