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  • About Canada Life Health Insurance
    • Canada Life health insurance features
  • Canada Life health insurance product rating: 4.3 stars
  • Canada Life health insurance alternatives
moneyGenius Team
Written and Edited By

Canada Life health insurance can cover you for things your provincial plan doesn't. While they offer guaranteed acceptance for some plans, their options are not as comprehensive or flexible as you may find with other health insurance providers. They offer insurance coverage for dental care, prescription drugs, vision care, paramedical and ambulance services, and more.

If you're retiring, self-employed, or transitioning from a group plan, you may want to consider Canada Life as an option to round out the health coverage you may not otherwise have access to. That said, you may find other insurance companies offer a wider variety of coverages with fewer restrictions.

Canada Life health insurance features

Canada Life
4.3
Genius Rating
Why You Want It
Up to $250,000 in prescription drug coverage + No termination age.
Special Features
  • 20% off regular priced items at Rexall
  • Guaranteed plans offered if you're leaving your current health insurance plan
  • Apply in less than 15 minutes
Eligibility
  • Canadian citizen
  • Age of majority
Provinces
ALL
Features
Allows Customization?
Yes
Dental
Yes
Vision
Yes
Paramedical
Yes
Prescription
Yes
Travel Coverage
Yes
Hospital Room Coverage
Yes
Accidental Death And Dismemberment
Yes
Short-term Disability
Yes
Long-term Disability
Yes
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Canada Life health insurance product rating: 4.3 stars

Canada Life health insurance is relatively limited compared to other options available to Canadians. You can request a quote online, however, which is a nice feature, although you'll likely have to speak to a representative and provide additional information for any non-guaranteed coverages they offer. All in all, while Canada Life is worth considering, you should definitely shop around before making a final decision about what health insurance coverage you want to buy.

Rating methodology

To calculate our Genius Ratings, we compare the features of the account or product in question with other similar products in Canada. We give each feature a score out of 5 based on that comparison. Once we’ve rated all the features, we run them through our proprietary algorithm to produce a final rating out of 5.

Learn more about our rating methodology.

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Canada Life health insurance alternatives

Canada LifePolicyMeBlue CrossManulife
AccountCanada Life Health InsurancePolicyMe Dental And Health InsuranceBlue Cross Health InsuranceManulife Health Insurance
Genius Rating4.34.25.04.8
Why You Want ItUp to $250,000 in prescription drug coverage + No termination age.Extensive selection of health and dental plans.Get comprehensive health care coverage + Recognized insurance provider.Earn rewards with Manulife Vitality + Special rates for familes.
Allows Customization?YesYesYesYes
DentalYesYesYesYes
VisionYesYesYesYes
ParamedicalYesYesYesYes
PrescriptionYesYesYesYes
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Editorial Disclaimer: The content here reflects the author's opinion alone, and is not endorsed or sponsored by a bank, credit card issuer, rewards program or other entity. For complete and updated product information please visit the product issuer's website.

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Ratings & Reviews

4.3
Genius Rating
 
1.0
1 total review(s)
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Boris Treivus | October 23, 2023
The worst life insurance company in Canda
This is what Canada Life does: 1. Takes several months to process your claims and always find the ways to reduce the compensation amount. 2. When you call them, even though they say the waiting time is from 50 to 60 minutes (!) they keep you on hold from 2 to 3 HOURS! 3. When you identify the issue, they tell you that they will escalate it and that an agent or a supervisor will call you within next 3 business days. However, NO ONE EVER CALLS YOU. And when you call them again and wait on hold for 3 hours just to find out that NOTHING has been escalated and NO ONE was supposed to call you. 4. They promise you that your claim will be finalized "by the end of the week". However, it takes MONTHS instead for the claims to be finalized. 5. In the rare times when they call you, they don't even bother leaving you a voice message or sending you an email, making you guess what was the reason for their call.

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