Empire Life
Just the facts
Established
1923
AM best Rating
“A” (Excellent)
About Empire Life
Our story begins in 1923, when our founders chose the name The Empire Life Insurance Company to convey strength, security, and life. Since then, our story has been one of steady growth and innovation.
Today, we are one of the top 10 life insurance companies in Canada*. We manage more than $18 billion in assets and have more than 600,000 customers. We are 100% Canadian and operate only in Canada, so our focus is on understanding and meeting the financial needs of Canadians.
Unique stand out qualities/Community involvement
Community
- We’re committed to making a difference in the communities where our employees, customers and distribution partners live and work.
- Each year, we support Canadian communities through charitable donations, employee volunteer hours, in-kind contributions and community sponsorships. In 2020, our community investment totalled $354,346 in community well-being, health and medical research, education and arts, culture and miscellaneous.
Corporate giving
- We are proud of our commitment to making a difference in the communities where our employees, customers and distribution partners live and work.
- Each year, we support these communities through charitable donations, employee volunteer hours, in-kind contributions, and community sponsorships.
Employee volunteerism
Volunteering is a key part of our culture, and our employees are encouraged to do their part for the community. Empire Life employees volunteer in dozens of events, including the United Way Day of Caring and Success by 6 Children’s Corner, the Rose of Hope golf tournament in support of the Cancer Centre of Southeastern Ontario, and the Big Bike for Heart & Stroke. Not to mention all the volunteering they do on their own time for events and organizations near and dear to their hearts.
Life Insurance product offerings
Term Life Insurance
When you need affordable life insurance for your family or your business, our term life insurance options can provide immediate protection for as long as you wish. Determine your coverage needs to find the right term life insurance that fits your lifestyle.
Permanent Life Insurance
We offer a specialized solution that provides guaranteed lifetime insurance protection. Your premiums will not change over your lifetime. Get coverage early for peace of mind and live your life worry-free.
Permanent Participating Life Insurance
Empire Life offers permanent participating (PAR) life insurance, designed for estate protection or wealth accumulation, with potential for dividends. You have an opportunity to share in the Company’s participating profits. Check out your options below and speak with an advisor to learn more.
No medical life Insurance
- Guaranteed Life Protect™ provides coverage for life. As long as premiums are paid when due, coverage will never decrease. If the insurance contract is in effect when the life insured dies, we will pay a death benefit to the life insured’s beneficiary or estate. The amount we pay will depend on when death occurs and its cause
- If death from natural causes occurs within 24 months of contract taking effect or of reinstatement, the amount we pay is limited to premiums that have been paid during the 24 month period, without interest
- If death due to an accident occurs within 24 months of contract taking effect or of reinstatement, we will pay the face amount of the policy (some restrictions apply)
- If death from any cause occurs on or after the 2nd anniversary of contract taking effect or of reinstatement, we will pay the face amount of the policy
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