A good life insurance policy is essential for protecting your family against life’s what-ifs. If you are looking for a top insurer in Canada, you may want to consider ivari Insurance. ivari offers a range of life insurance products to suit the needs of varied people. Keep reading our ivari Life Insurance Review to find out if they are the right choice for you.
Who is ivari?
ivari, previously known as Transamerica Life Canada, is owned by the Canada Pension Plan through Wilton Re. A reinsurance company, Wilton Re specializes in the acquisition and management of investment and mortality risk. ivari offers a range of life insurance and critical illness plans through independent advisors.
ivari Insurance Facts & Financial Information
- Founded: 1927
- Head Offices: Downtown Toronto, ON
- AM Best Financial Strength Rating: A+
- Financial Assets: $12 billion
- Insurance Premiums: ~$850 billion annually
It is important to check an insurer’s financial strength ratings before signing up. After all, picking a company that is not financially stable could mean losing your investment and having to buy a new policy with another insurer.
Thankfully, if you buy a policy from ivari, you can rest easy knowing your investment is in good hands. ivari received the second-highest financial strength rating of A+ from the credit-rating agency AM Best in 2021.
ivari Life Insurance Reviews
Online life insurance reviews are not always a good representation of an insurance company as a whole. You cannot be sure how much you can trust these reviews to be accurate.
Statistically speaking, people share their bad experiences more often than their good ones. Which means, in a review section, you are likely to come across many customers who were not fully satisfied with one thing or another.
All the same, ivari manages to maintain a high score and good reviews from their customers on Google Reviews. Which is not insignificant as many top insurers fail to manage this often-receiving scores of less than 2 stars.