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Canada Life is one of Ireland's leading life, pension and investment providers. Established in Ireland in 1903, the Canada Life Group has grown to be a modern and dynamic international financial services business. We are part of Great-West Life, one of the world's leading life assurance companies, from a country ranked the most financially sound in the world*.

With a reputation for financial strength, stability and consistently high financial ratings from the independent rating agencies, Canada Life is the only life assurance group in Ireland to have a AA rating** from Standard & Poor's. The Canada Life Group employs over 500 people in Ireland and serves as a hub for the company's expanding presence in Europe. We distribute our products through a network of over 1,500 independent brokers and a further 160 sales associates nationwide

To obtain a quote for life insurance products from Canada Life please use our online quotation system. If you would like to talk to one of our consultants about Life Insurance Products from Canada Life please use our contact form.

To learn more about Canada life please visit www.canadalife.ie

Set out below are some of the special benefits associated with the Canada Life mortgage protection plan.

Automatic Benefits available under the Canada Life Mortgage Protection Plan( March 2011)

Guaranteed Insurability Options
This is an automatic additional benefit available to lives under 55 accepted on standard terms and if no policy exclusions have been applied.

This valuable benefit gives you the flexibility to increase your Life and Accelerated cover prior to your 55th birthday, without further underwriting, as your needs change. It can be used if any of the following life changing events occur:

• Marriage
• Birth or legal adoption of a child
• Purchase of a new principal private residence in Ireland

Where there is more than one life on a policy Guaranteed Insurability Options will only apply if both lives meet the criteria and if the event occurs in respect of both lives simultaneously.

The option may be used more than once (for example an increase on marriage and a further increase on the birth of a child). The total maximum increase in cover over the life of the policy is the lesser of €200,000 or 50% of the initial sum assured stated in the policy document. On purchase of a new principal private residence, the maximum increase in cover is limited to the increase in the loan amount relative to the previous mortgage on the principal private residence, subject to the limits above.

If you have any other policies with Canada Life with similar options the overall maximum increase under these options across all policies is limited to €200,000.

Please refer to the specific product policy conditions for further details of this benefit.

Automatic Benefits under Specified Illness Cover

Overseas Surgery Benefit
If you or any of your children between the ages of 1 and 18 years need an immediately necessary surgical procedure arising from one of the specified illnesses listed and which cannot be performed in any hospital in Ireland, an extra cash amount will be paid to help cover travelling expenses in addition to any Specified Illness Benefit.

Specified Illness Benefit Prepayment
If it is confirmed that you or any of your children between the ages of 1 and 18 years are on an official waiting list to have Coronary Artery By-Pass, Heart Valve, Aorta Graft or Pulmonary Artery surgeries, then a portion of your Specified Illness Cover will be pre-paid with the remainder payable on the completion of the surgery and survival of 14 days. If you are on an official waiting list for a Heart, Lung, Liver, Pancreas or Bone Marrow Transplant, the full benefit can be paid in advance of the surgery being carried out.

Children's Specified Illness Cover
Under your Specified Illness policy, each of your children between the ages of 1 and 18 years is automatically covered for a maximum of €25,000, subject to a maximum aggregate cover for all children of half of the parents' Specified Illness Cover. Your children are covered by the same illnesses as you.

Permanent and Total Disablement Benefit
The list of illnesses covered by Canada Life is comprehensive but what happens if you are permanently disabled resulting from a condition not included in our list? With Permanent and Total Disablement Benefit, you will receive your full Specified Illness Benefit if, because of a disability, you become permanently unable to perform certain specified activities prior to your 65th birthday. Please refer to the specific product policy conditions for further details.