Is Canada Life health insurance the best for you?

James Rodriguez James Rodriguez  updated on 2022-01-03

Canada’s universal care, while excellent, is not comprehensive. Emergency and preventive care are largely covered, but knowing what is not covered is critical to planning for the worst. 

Around 30% of health expenditures in Canada are privately financed by supplemental insurance (group or individual) or by patients themselves out-of-pocket. This includes dental and vision care and access to prescription medications. 

Are you considering a personal health insurance plan with Canada Life?

You are in the right spot. This guide details Canada Life offerings including price, coverage, reviews and more.

Who is Canada Life?

Founded in 1847, The Canada Life Assurance Company was Canada’s first domestic life insurance company. Canada Life has expanded over the years and now provides insurance and wealth management products and services in Canada, the United Kingdom, Isle of Man and Germany and Ireland. Some of their popular products include their private health insurance plans.

On January 1, 2020, The Canada Life Assurance Company merged with The Great-West Life Assurance Company, London Life Insurance Company, and their holding companies. Today the companies have been combined and operate under The Canada Life Assurance Company name.

If you had a policy with London Life Insurance Company or The Great-West Life Assurance Company prior to 2020 your policy and contracts were unchanged and services continued under The Canada Life Assurance Company.

Our review of Canada Life health insurance:

Canada Life offers three plans, all with differing levels of coverage which are designed to suit your needs, including prescription drugs, dental care, vision care and more.

They have comprehensive optional add-ons for you to further personalize your health plan. They also offer a ten-day look and see period. You can cancel your policy with no penalty during the first ten days.

Canada Life health insurance is a choice for you if you do not have health benefits through your employer, you are losing your group coverage, or if you would like additional benefits not offered by your employer’s or province’s health and drug coverage. Note that you must have provincial or territorial health and drug coverage to apply for personal health insurance.  

Why Canada Life may be right for you: 

  • Core plan offers guaranteed acceptance
  • Quick and easy online quote
  • Comprehensive optional coverage add-ons

Why Canada Life may not be right for you:

  • First two months of the premium needs to be paid upfront
  • Travel medical insurance is not automatically included in their plans (it is an optional added on)

Before signing up for a health insurance plan with Canada Life, compare rates and coverage offerings from the best health and dental plans using our comparison tool. Shop the best plans in seconds without giving up personal details.

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What does Canada Life cover?

Canada Life health insurance three plans cover the following medical costs:

  • Prescription drugs
  • Dental care
  • Supplemental health care
  • Paramedical expense
TreatmentCoreCore PlusElite
Prescription Drugs70% reimbursement 80% reimbursement 90% reimbursement 
Dental Coverage (3-month waiting period applies to all plans)70% reimbursement 80% reimbursement80% reimbursement
50% reimbursement for major services (crowns, bridges, dentures, etc.)
Ambulance100% reimbursement100% reimbursement100% reimbursement
Paramedical Expenses 100% reimbursement up to a maximum of $300100% reimbursement up to a maximum of $400100% reimbursement up to a maximum of $500
Vision 100% reimbursement up to a maximum of $150100% reimbursement up to a maximum of $200100% reimbursement up to a maximum of $250 
Canada Life personal health insurance plans

What does Canada Life dental insurance cover?

While Canada’s public system covers lots of healthcare needs, access to dental care is not included. Dental care is important to one’s overall health. Since it can be a major expense, too many people skip preventive treatment. That is a mistake, as regular preventive care helps prevent gum disease, which is linked to conditions like heart disease, diabetes and rheumatoid arthritis. Additionally, it can help you to detect other medical complications early.

 A supplemental insurance plan can help, here is what Canada Life offers. 

Your dental benefits will vary depending on what Canada Life plan you chose. You can get partial or full coverage for all types of dental procedures. It is important to know the difference in the dental coverage you can choose between each plan. 

The Core plan will cover preventative treatment like cleanings, scalings, fillings and examinations

With the Core Plus plan, you will get more services such as endodontic, periodontal, and oral surgery services in addition to preventative treatment. 

If you opt for dental with the Elite plan, it will not only cover preventative treatment, but restorative treatment such as crowns, bridges, and dentures.

Core includes:

  • Examinations
  • Cleaning
  • Scalings
  • Fillings

Core Plus adds:

  • Endodontics
  • Periodontals
  • Oral surgery

Elite adds:

  • Crowns
  • Bridges
  • Dentures
TreatmentCoreCore PlusElite
Dental Care
(3-month waiting period applies to all plans)
  • 70% reimbursement for selected routine services to a $350 per person annual maximum
  • 100% reimbursement for accidental injury to natural teeth
  • 80% reimbursement;$750 per person per calendar year
  • 100% reimbursement for accidental injury to natural teeth
  • 80% reimbursement; $750 per person per calendar year
  • 100% reimbursement for accidental injury to natural teeth
  • 50% reimbursement for major $750 per person per calendar year
Comparison of Canada Life dental insurance coverage

How much do Canada Life personal health insurance plans cost?

A comprehensive Canada Life health insurance policy including dental for a 40-year-old single, non-smoker woman in Ontario would cost $161.22 per month.

Your premium will be based on your individual circumstances. Canada Life will weigh a number of factors to determine your premium such as: 

  • age
  • gender
  • the number of lives on your plan (individual, family, etc.)
  • smoker status

To make sure you are getting the best plan for the best price, you must first establish what you want from your health insurance policy. 

The price of health insurance varies greatly between insurers. Your health history, age, the coverage options offered, your province, and more affect pricing. Use our comparison tool to get personalized health insurance quotes, all anonymously.

Compare coverage and rates of
Canada's best health insurance plans

Get a quote in seconds

How can I get a Canada Life health insurance quote?

You can request a Canada Life personal health insurance quote by working with an insurance broker, requesting a quote through Canada Life's website.

Our website also allows you to compare health insurance plans using our insurance comparison tool.

How can I connect to my client space?

You can register to create an account with Canada Life which will give you access to your personal portal.

How can I make a claim with Canada Life?

Canada Life offers a variety of ways to submit a claim either online, directly through your pharmacist or dentist, or by paper. 

You can begin your claim with Canada Life by accessing the client space here: Submit a claim

You may also do so by sending one of these forms:

To the following address: 

The Canada Life Assurance Company

Individual Health Unit

P.O. Box 6000

Winnipeg, MB R3C 3A5

How can I cancel my Canada Life health insurance plan?

Contact Canada Life at 1-800-565-4066 to inquire about cancelling your plan.  

How can I contact Canada Life?

You can contact Canada Life at 1-800-565-4066. They are available Monday through Friday 8:00 am to 6:00 pm ET. 

Can I get travel medical insurance with Canada Life?

You will have to check your specific plan to know if travel insurance is included. Travel insurance is particularly important in Canada because provincial health insurance plans cover less once you are out of your home province. This can mean unpleasant surprises when you see your bill. Travel abroad and you may not have any access to health care services at all without a plan or paying up-front.

Travelling without proper health coverage can be an expensive mistake. Read HelloSafe's complete guide to travel insurance to learn more.

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