Canada Life discounts online group life rates

A Canada Life Group Insurance product story
Edited by the Employeebenefitstalk editorial team Jan 19, 2010

Canada Life Group Insurance has announced that all small-scheme (50 lives or less) group life-assurance business transacted on the CLASS online portal will receive a 10 per cent discount.

Ian McMullan, managing director of Canada Life Group Insurance, said: 'We recognise that the economic environment in 2010 will continue to place pressure on our intermediary partners and their customers, as they look to maximise both value and efficiency.

'Our CLASS portal is specifically designed to address these pressures.

Therefore, we have discounted our CLASS group life assurance product in the small segment by on average 10 per cent,' he finished.

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