Facts & Information Page:
Industrial Alliance Life Insurance - Canada

Canadian Money Advisor Rank

Product Names

Product Name


Industrial Alliance Universal Life Insurance – Genesis

Industrial Alliance Term Life Insurance

Industrial Alliance Whole Life Insurance

COMPANY CONTACT INFORMATION:

Industrial Alliance Life Insurance
1080 Grande Allée West PO Box 1907
Quebec, QC G1K 7M3
Website:http://www.inalco.com

Customer Service Phone: 604-734-1667
Customer Service Fax:418-684-5106
Contact's Name:Paul Warner - Complaint Officer
Contact's Phone:604-734-1667
COMPANY INFORMATION AND BIOGRAPHY:

Founded in 1892, Industrial Alliance Insurance and Financial Services Inc. is a life and health insurance company that offers a wide range of life and health insurance products, savings and retirement plans, RRSPs, mutual and segregated funds, securities, auto and home insurance, mortgage loans and other financial products and services. The fourth largest life and health insurance company in Canada, Industrial Alliance is at the head of a large financial group, which has operations across Canada as well as in the Western United States.

Industrial Alliance stock is listed on the Toronto Stock Exchange under the ticker symbol IAG. Industrial Alliance is among the 100 largest public companies in Canada. Acquisition of The North West Life Assurance Company of Canada made Industrial Alliance Pacific in which the company operates primarily in Canada's western provinces and Ontario. It offers the same insurance products and financial services as the parent company, Industrial Alliance Insurance and Financial Services. Another is that creditor insurance products to automobile dealerships, a sector in which it is currently the Canadian leader. It is also responsible, within the Industrial Alliance Group, for developing the special risks market for students, employers and associations.

In 1988, Industrial Alliance acquires The National Life Assurance Company of Canada, a Toronto-based company founded in 1899. Until June 2005, National Life offered its own line of insurance products and financial services across the country through its Vancouver, Calgary, Winnipeg, Toronto, Montreal and Halifax offices. National Life was integrated with Industrial Alliance on June 30, 2005. At the turn of the millennium, Industrial Alliance embarks on an entirely new course: in February 2000, Industrial Alliance becomes a stock company and makes its official entry onto the Toronto Stock Exchange under the ticker symbol IAG.

Demutualization is a process in which the ownership structure of a mutual insurance company is converted to that of a stock company. Demutualization provides Industrial Alliance with better access to financial markets in order to obtain the funds necessary for its ongoing development. Demutualization is also beneficial for policyholders as it results in the allotment of all of the Company's common shares to some 700,000 members.

The five simple yet stylized lines that form the elephant symbolize the Company's contemporary, dynamic, solid, warm, and trustworthy nature and are an integral component of Industrial Alliance's new visual identity. Today, Industrial Alliance is a life and health insurance company that offers a full range of insurance products and financial services. The fifth largest life and health insurance company in Canada, Industrial Alliance insures over 1.7 million Canadians, employs more than 2,600 people and manages over $30 billion in assets.

Industrial Alliance’s corporate image evolved in March 2007. Its new logo, inspired by the previous one, but with a more solid appearance, truly reflects its identity as a financial
institution and its new challenges.

Product Name Product Description
Industrial Alliance Universal Life Insurance – Genesis Term Life Insurance provides you coverage for a pre-determined period, at a reasonable price. If your death takes place during the selected period, your loved ones get a tax-free benefit. If you consider the Term Life Insurance, you will most likely have financial obligations akin to a mortgage or a personal loan. Life and disability insurance gives you peace of mind knowing that your loved ones will not have financial worries in case of your premature death. The term insurance can also cover Student loans, Mortgage loans and Personal loans.

For your family, you will enjoy the happiness experience by your family. Peace of mind is indispensable. Only life insurance can give you with an instant estate that would permit your loved ones to go on with their lives. Term life insurance could arrange for your family to have temporary income, for the time it takes to get on with their lives. It can provide for your children’s education so that they could pursue their studies in case of your premature death. As a single parent, give your children the necessary financial resources to carry them into adulthood.

For your business, owning a business means investing finances and time without counting the hours you put in. Building a successful business often represents your life’s work. Term life insurance could Finance a buy-sell agreement, insure one of your key employees, and meet the demands of your creditors concerning your financial obligations.

Features and Advantages of the two types of term coverage are available. For a 10- or 20-year term, it is possible to renew your coverage or to convert it to whole life coverage without a medical exam. The second type is the Pick-A-Term. Pick-A-Term differs from other coverage by the length of its term. You determine the desired duration of coverage between 10 and 40 years, according to your individual needs. In this way, you get the right coverage at the right price for your situation. If for one reason or another you need coverage for longer than you thought, you can renew your coverage annually at a reasonably-priced premium.
Industrial Alliance Term Life Insurance Term Life Insurance provides you coverage for a pre-determined period, at a reasonable price. If your death takes place during the selected period, your loved ones get a tax-free benefit. If you consider the Term Life Insurance, you will most likely have financial obligations akin to a mortgage or a personal loan. Life and disability insurance gives you peace of mind knowing that your loved ones will not have financial worries in case of your premature death. The term insurance can also cover Student loans, Mortgage loans and Personal loans.

For your family, you will enjoy the happiness experience by your family. Peace of mind is indispensable. Only life insurance can give you with an instant estate that would permit your loved ones to go on with their lives. Term life insurance could arrange for your family to have temporary income, for the time it takes to get on with their lives. It can provide for your children’s education so that they could pursue their studies in case of your premature death. As a single parent, give your children the necessary financial resources to carry them into adulthood.

For your business, owning a business means investing finances and time without counting the hours you put in. Building a successful business often represents your life’s work. Term life insurance could Finance a buy-sell agreement, insure one of your key employees, and meet the demands of your creditors concerning your financial obligations.

Features and Advantages of the two types of term coverage are available. For a 10- or 20-year term, it is possible to renew your coverage or to convert it to whole life coverage without a medical exam. The second type is the Pick-A-Term. Pick-A-Term differs from other coverage by the length of its term. You determine the desired duration of coverage between 10 and 40 years, according to your individual needs. In this way, you get the right coverage at the right price for your situation. If for one reason or another you need coverage for longer than you thought, you can renew your coverage annually at a reasonably-priced premium.
Industrial Alliance Whole Life Insurance Every stage in life has its joys and its difficulties. This was true for your parents and their parents before them, and it will be equally true for your children. Luckily, there is a way to stay happy and to enjoy life without worries. Good financial planning, in which insurance plays a key role. For a complete insurance solution that adapts to your situation as your needs evolve over the years, we offer you whole and term life insurance coverage, in a single contract for all insured persons. So it’s easy for you to take stock of your insurance coverage: a single premium, a single fee and a flexible contract.

For you, Whole Life Insurance is a good option for all stages in life. You choose the payment period, you are insured for your entire life and it also provides surrender values. For your family, nothing can replace the loss of a loved one. But it’s comforting to know that your loved ones will have the necessary financial support to help them carry on, no matter what. Whole life insurance protects your loved ones’ financial security for their entire lives. For your children, insurance coverage is also a precious gift to give to your children.

By subscribing to coverage at a low price because of their youth, you guarantee them coverage that they can adapt to their needs as they get older. For your business, your business is your life’s investment, so you want to protect it. To guarantee its continuity, either by financing the purchase of a partner’s shares or giving your heirs the necessary time and assistance to find the right buyer, whole life insurance helps to avoid unpleasant surprises and helps keep your business prosperous.

Features and Advantages of your premiums, your face amount and the surrender values are guaranteed. No surprises, no worries with your Payment options. You can choose to pay up your premiums in 10, 15, 20 or even 30 years, up to age 65 or even up to age 100. So you can set up a budget according to your priorities. Surrender values are available starting in the 11th year of the contract and they continue to increase with time, allowing the accumulation of a fund that can be used as needed.

Advantages for children, for all coverage issued between age 0 and 20, we offer a guarantee that once an adult, and the insured can increase his coverage, regardless of his state of health. Healthy living is profitable. Insured children age 0 to 14 benefits from a 40% increase in their initial coverage beginning in adolescence if they meet certain health criteria all at no additional cost. Coverage is grouped in a single contract to reduce multiple administrative fees. They can benefit from preferred underwriting and obtain a lower premium.