Canada Life partners with ClearEstate

Canada Life and ClearEstate, a provider of estate planning and settlement solutions, are announcing a strategic agreement that will help make these ClearEstate services more accessible to millions of Canadians. As part of the deal, Canada Life has made an equity investment in ClearEstate, which publicly disclosed $15 million in funding.

Through this agreement, Canada Life and certain of its subsidiaries will be able to refer certain of their clients, plan members, and employees to ClearEstate for their services.

Founded in 2020, ClearEstate offers a digital platform, human guidance, and a range of services such as will creation, power of attorney documents, and professional executorship.

“For generations, Canada Life has worked with financial advisors in Canada to provide industry-leading wealth and financial services to Canadians. By working with ClearEstate—an innovator in delivering scalable, user-friendly digital estate planning and settlement services, we’re helping to make it easier for Canadians to access ClearEstate’s important services through their financial advisors and workplace benefits.” – Blaine Shewchuk, EVP Individual Wealth, Canada Life.

“Canada Life is one of the most trusted names in the financial services industry. This strategic relationship with Canada Life will help allow ClearEstate to provide a valuable service and help even more people than ever before. It represents a unified commitment to help reshape the way Canadians approach estate planning—making it simple, transparent, and an integral part of their overall financial well-being. This agreement validates what we’ve long believed: that estate planning should be accessible, proactive, and part of every Canadian’s financial journey. Together, we’re helping to create a future where every family can face life’s biggest transitions with support and clarity.”– Davide Pisanu, CEO of ClearEstate.