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1, 2020 The Great-West Life Assurance Company, London Life Insurance Company, The Canada Life Assurance Company and two holding companies amalgamated. They are now one company The Canada Life Assurance Company.
An annuity is a written contract typically between you and a life insurance company in which the insurance company makes a series of regularly spaced payments to you in return for a premium or premiums you have paid. An annuity is not life insurance. A life insurance policy provides benefits to your family if you die.
In general, life insurance policies protect your familys lifestyle and future by helping to replace your income if you pass away. Fixed annuities, on the other hand, are designed to protect your lifestyle and future by providing a pension-like stream of income that you can use to help fund your retirement.
Financial Life Assurance Company of Canada ceased transacting business in Canada. Letters patent of dissolution were issued effective March 1, 2004. Finial Reinsurance Company (formerly known as Converium Reinsurance (North America) Inc.)
1, 2020 The Great-West Life Assurance Company, London Life Insurance Company, The Canada Life Assurance Company and two holding companies amalgamated. They are now one company The Canada Life Assurance Company. Each of the companies has a vibrant and proud history, having formed more than 125 years ago.

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Great-West Life Annuity Insurance Company (GWLA) is announcing that it has completed the sale through reinsurance of substantially all of its individual life insurance and annuity business to Protective Life Insurance Company, the primary subsidiary of Protective Life Corporation (Protective).
The new Canada Life Our 3 companies Great-West Life, London Life and Canada Life have come together under 1 brand.
Great-West Lifeco is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses.

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