Equitable Life of Canada Review

About Equitable Life Insurance

Equitable Life of Canada is a mutual insurance company founded in 1920. The company is reputed to have strong financial stability, and outstanding customer service. Equitable Life is owned by its policyholders and as a result, the company takes pride in their tactfulness and cordiality in its communication.

Equitable Life of Canada is trusted for offering life insurance, critical care insurance, and health insurance for individuals, as well as group benefits. Policy holders are able to bundle their insurance and convert individual coverage to family coverage.

Equitable Life Key Information

How Do I Purchase a Plan with Equitable Life?

You can contact Equitable Life by phone or directly on their website if you wish to purchase a plan with them. 

How Can I Reach Equitable Life by Telephone?

To reach Equitable Life by telephone, contact them at 1.800.722.6615. 

How Do I File a Claim with Equitable Life?

You can file a claim with Equitable Life via phone or fax. The corresponding phone numbers can be located here.

Equitable Life Pros and Cons

As with any product or service, and depending on your individual needs, there’s always advantages and disadvantages. Let’s take a look:

Why Equitable Life Could Be Right for You:

• Wide range of products 
• Strong customer service
• Customized insurance solutions

Why Equitable Life May Not Be Right for You:

• Expensive
• Complex policies
• Coverage limitations

What Does Equitable Life Insurance Offer?

Equitable Life offers a comprehensive array of life and critical insurance options designed to safeguard your financial well-being and provide peace of mind. From life insurance plans tailored to individual needs to critical coverage that ensures access to quality care, Equitable Life's diverse range of options caters to various lifestyles and priorities.

EquiLiving Critical Illness Insurance 

EquiLiving critical illness insurance is designed to cover the cost and requirements of your extended healthcare. You can take advantage of alternative therapies outside of Canada. In this plan, you will be paid a lump sum if you survive the critical illness after 30 days of being diagnosed with it. The plan covers 25 life-threatening illnesses such as heart diseases, multiple sclerosis, paralysis, Parkinson’s disease, Alzheimer’s disease, coma, major organ transplant, loss of limbs, benign brain tumor, cancer, kidney failure, occupational HIV infection and so forth. Additional 5 critical illnesses are covered for children up to age 25. These include cerebral palsy, cystic fibrosis, congenital heart disease, type 1 diabetes mellitus, and muscular dystrophy. You can bundle the EquiLiving critical illness insurance to a universal life insurance, term insurance or a whole life insurance to provide better protection for your health and life needs. The plan makes it possible and easy for you to take alternative therapies outside Canada. The cost of extended healthcare is also covered by this plan. 

Equitable Life - Life Insurance Plans

Equitable Life presents a range of life insurance plans designed to secure your family's future. With options like term life, whole life, and universal life insurance, they offer flexible coverage choices. Whether you seek financial protection, estate planning, or lifelong security, Equitable Life's life insurance plans provide the necessary foundation for you and your loved ones.