# Empire Life

> Empire Life is a Kingston, Ontario-based Canadian insurer and wealth manager serving individuals, families, employers and independent financial advisors. It combines life and critical-illness insurance, small- and midsize-company group benefits, segregated funds, annuities and registered savings products, including the first RDSP offered by a Canadian life insurer, while using digital applications and portals to make a traditionally slow category more convenient.

- **Founded:** 1923
- **Headquarters:** Kingston, Canada
- **Founders:** Milton Palmer Langstaff (Co-founder), W. B. Peace (Co-founder), Dr. H. C. Parsons (Co-founder), S. Casey Wood (Co-founder), Edward Ward Wright (Co-founder)
- **Team size:** Approximately 1,200 employees; LinkedIn listed 1,207 employees in 2026.
- **Products:** Individual life insurance, Group benefits, Segregated funds, Annuities and guaranteed retirement income, Fast & Full digital applications
- **Notable:** Reached its centennial in 2023., Ranked among Canada's top 10 life insurers by total assets based on OSFI filings., Reported C$20.8 billion in total assets at December 31, 2025.

## Products & services

- **Individual life insurance** — Term, permanent non-participating and permanent participating coverage for families, estates and businesses.
- **Group benefits** — Health, dental, disability, critical illness, life, wellness and mental-health benefits aimed especially at small and midsize Canadian employers.
- **Segregated funds** — Market-linked investment funds inside insurance contracts, with maturity and death-benefit guarantees.
- **Annuities and guaranteed retirement income** — Immediate annuities and Class Plus 3.0 products designed to turn savings into predictable income.
- **Fast & Full digital applications** — Online life-insurance and investment application workflows built for advisors and clients.
- **Registered Disability Savings Plan** — A tax-sheltered RDSP holding segregated-fund investments - the first RDSP offered by a Canadian life insurance company.
- **My Advisor Dashboard** — A digital workspace for advisors to search policies and clients, track requirements and complete service transactions.

## Achievements

- Reached its centennial in 2023.
- Ranked among Canada's top 10 life insurers by total assets based on OSFI filings.
- Reported C$20.8 billion in total assets at December 31, 2025.
- Reported a 99.5% individual life claims-paying rate for 2022.
- Launched the first RDSP offered by a Canadian life insurance company in 2025.
- Reported 2025 group-solutions annualized premium sales of C$129 million, up 13% from 2024.
- Recognized by Forbes among Canada's best employers in 2019 and 2020.

## Latest updates

- **2025-01** — Refreshed its brand, mission and vision around service excellence, innovation and navigating life with confidence.
- **2025-09** — Enhanced its Advisor Loan Program to make applications faster and support eligible advisors acquiring benefits businesses.
- **2025-10** — Launched Canada's first RDSP offered by a life insurer.
- **2025-11** — Added Teladoc Health Canada's myStrength digital mental-wellness platform for eligible group-plan members.
- **2025-12** — Acquired an 80% interest in Specialty Life Inc. to expand lead generation, sales and direct insurance distribution.
- **2026-02** — Reported 2025 total revenue of C$1.832 billion, common-shareholder net income of C$201 million and assets of C$20.8 billion.
- **2026-09** — Scheduled retirement of the legacy Business Centre as advisors transition to My Advisor Dashboard.

## Links

- Website: https://www.empire.ca/
- LinkedIn: https://www.linkedin.com/company/empire-life/
- Twitter/X: https://x.com/EmpireLife
- YouTube: https://www.youtube.com/@empirelife
- Instagram: https://instagram.com/empirelife
- Facebook: https://www.facebook.com/EmpireLife/

---

Profile page: https://yespress.io/empire-life
Published by YesPress — https://yespress.io
Last updated: 2026-08-23