List of Best Life Insurance Companies in Canada RBC Insurance is a wholly owned subsidiary of the Royal Bank of Canada (RY). RY is Canada’s largest bank and one of the largest in the world, with revenues of approximately اے 46 billion in 2019 and a market capitalization of approximately $ 151 billion.
RBC Insurance offers a wide range of home insurance products, including a wide range of life and health policies, as well as home and auto policies and travel insurance options. Wealth management products, such as annuals and separate fund products, are available to meet retirement planning needs.
The company also offers credit protection plans for mortgages, loans and credit card balances held at the Royal Bank of Canada. In addition, RBC Insurance operates a global insurance business offering annual, accident, and life and health insurance products.
Empire Life Insurance is a subsidiary of the publicly listed holding company, E-L Financial Corporation Limited. The company has no special international business operations.
The Empire Life product mix includes three main categories: Individual Insurance Products, Group Benefit Plans and Wealth Management Products. The company offers a full selection of life insurance options, as well as serious illness insurance. The Group Benefits Plan provides flexible options for meeting the healthcare needs of small and medium-sized businesses and their employees. Wealth management products include mutual funds, incentives, separate funds and savings plans.
Manolif Financial is Canada’s largest insured company by revenue, with revenue of .4 61.4 billion in 2019. It recorded a base revenue of 5. 5.6 billion for the Canadian market in 2018.2. 3. US 46 46.3 Million in 2019 With a range of life and health insurance products in the United States, Manuel Life Group offers benefits and retirement plans, investment products, and wealth management services. Monolife Bank is a federally regulated bank that serves customers in every province and region of Canada. MonoLife also runs a real estate business and a global insurance business. The company has significant business operations throughout North America and Asia.