Canada Life Disability Insurance Reviews

Before signing up they will promise you they world, but when time comes to pay they won't part with your money. You will have to wait forever, and they don't want to hear from you at all. If your agent is not going to help you, Canada Life won't either. Once they have your money, nobody cares , you are on your own.

I've held 3 policies over the 12 years I've been with my bank and since I experienced nerve pain and been place off work and waiting for a lengthy drawn out night mare of a discussion I've been told I'm to high risk they are shredding my contract and sending all my premiums back to me. these guys are crooks. I called my branch manager expressed the disgusting product that they are endorsing and that is a bad reflection on their business. We'll see where this goes but this bank has been warned I will pull pin on them after 12 years and working where i work and the elbows i rub this experience will cost both business dearly as because everyone will hear the "peace of mind" that are all lies sold to un-expecting clients.

I purchased life and disability insurance through RBC home protector and their provider is Canada Life. Last November I had a back injury and I have been of work for almost 7 months now. I applied for the disability insurance I was paying for and thought I had. Once I sent all my medical info regarding my injury to Canada Life, they wanted more info from my family doctor going back 2years from date I purchased the insurance. They found a medication prescribed to me in that 2year period . The medication was for something other than anything they indicated on the application form questions I answered when I applied for the insurance. They declined me coverage for my back injury and cancelled my coverage for disability. I appealed there decision with a letter from my doctor explaining the medication treatment and they still declined me a second time. I took it to a lawyer last week. He said Canada Life is treating me unfairly and that I stand a great chance of settling this in my favor. Problem is he said I could end up paying him more than the coverage I would get back from Canada Life. At least he was honest. More than I can say for this insurance company.

As many others have said, I wouldn’t waste your money paying towards LTD if it is with Canada Life. My case manager is clueless and it seems Canada Life does not recognize mental health as a true illness.
Be VERY aware of what you are paying to them as they rake in billions in revenue with payouts that won’t benefit you at all.
They are a sham!

Hello to everyone who had the misery of dealing with this so-called Insurance Company that pulls in 10 billion yearly and they can't even pay two months coverage of disability properly and reasonably. I had surgery and was out of work for two months and just because I returned to work shortly after two months, so they only paid $20 towards my line of credit to cover me for ONE day. I had to pay my surgeon $45 to have a medical report done to send to Canada Life for the surgery I endured. Like everyone here, I've been paying for useless insurance coverage when they don't even cover your psychology therapy bills of having to deal with these thieves! Anyone willing to start a class action with this scam of a company who only collects and doesn't pay out. My line of credit piled up with interest and monthly payments where I am no longer to even give them a payment heading towards bad credit while Canada Life only gave $20 towards my line of credit. There are no words at this given moment to express how furious I am along with several others who were royally screwed by this company. Beware! Do Not go with Canada Life! It is insulting for a $10 Billion company that can't spare to pay for two months' coverage or can't spare $600!