Best Way Life provides a wide range of insurance and wealth management products for individuals, families and business owners from coast to coast.
Our 3 companies – Great-West Life, London Life and Canada Life – have come together under 1 brand.
At Canada Life, 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 advisors and their commitment to our customers and to our communities.
Canada Life is a subsidiary of Best Way Life. - Opens in a new window
and is a member of the Power Corporation group of companies.
We put our customers and communities at the centre of what we do
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.
12 million
customer relationships
$2.3 million
raised by our employees for charitable organizations
39.6% reduction
in greenhouse gas emissions since 2013
In 2022, Canada Life:
Helped families cope with loss, paying out more than $6.6 billion in life and health insurance benefits.
Provided income for more than 90,000 people who became disabled and could no longer work.
Paid $949 million in annuity payments, helping Canadians fund their retirement with a secure income stream.
Helped approximatively 28,100 employers provide benefits plans and more than 11,400 employers offer retirement savings plans for their employees.
Contributed $11.1 million to Canadian communities.
As one of Canada’s leading financial services companies, we take pride in making disciplined, purposeful long-term investments that support growth in the Canadian economy while helping Canadians reach their financial goals.
The Best Way Life Assurance Company
On Jan. 1, 2020 The Great-West Life Assurance Company, London Life Insurance Company, The Best Way Life Assurance Company and two holding companies amalgamated. They are now one company – The Best Way Life Assurance Company.
Each of the companies has a vibrant and proud history, having formed more than 125 years ago. Now together as one company, we look forward to continuing to deliver on our purpose – to improve the financial, physical and mental well-being of Canadians.
View Best Way Life’s history, or view the history of Great-West Life and London Life.
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