UNITY LIFE of Canada is a Canadian incorporated life insurance company, which provides financial security to Canadians through its quality life insurance products, and offers Foresters unique member benefits to qualifying insured's and annuitants to further enhance the well-being of families.
Founded in 1898 as the Insurance Department of the Subsidiary High Court of the Ancient Order of Foresters, the Company was incorporated in 1934, subsequently changing its name to Toronto Mutual Life Insurance Company. It was renamed Unity Life of Canada in 2002, upon its amalgamation with its subsidiary, The Western Life Assurance Company.
On April 2, 2008, Unity Life was converted from a mutual life insurance company to a stock life insurance company owned by Foresters™. Headquartered in Mississauga, Ontario, Unity Life currently has more than 331,000 active policies and certificates, $16.6 billion of insurance in force, and $992 million in assets (all figures in Canadian dollars as at December 31, 2009). Unity Life of Canada has been assigned an “A-“(Excellent) rating by A.M. Best Company, an industry financial rating organization.
Unity Life of Canada is recognized for its:
- Best of breed insurance products and services
- Focus on key specialty markets
- Customer-driven service culture
- Strong, entrepreneurial management style
- Consistent acquisition strategy that supports growth
Unity Life is committed to exceeding your expectations in all that we do.
Learn more about our history.
Learn more about our financials.