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ace insurance

ACE Canada is an insurance company owned by the ACE Group. The ACE Group was created in the year 1985 and was created by 34 Fortune 500 companies.

The goal of the company was to offer Excess Liability and Directors and Officers insurance coverage. Today, ACE INA has many insurance policies including aircraft insurance, property insurance, accidental death and dismemberment insurance, and more.

The company has grown, now working in more than 54 countries across the globe. In 2003 it began offering life insurance to Canadians and grew from there to China, Vietnam and the United States.

ACE Canada sells their life insurance products under the name ACE INA. This sector was founded in 1977, and their main office is in Toronto, Ontario.

ACE INA Services

For those people who are considering this company, ACE INA has a lot of coverages to choose from.

There are three main types of coverage that ACE INA has. These include personal insurance, commercial insurance, and life insurance and financial services.

Life Insurance Financial Services  

More than 22 million Canadians had life insurance in 2017, totaling $4.5 billion. 

Life insurance from ACE INA has two basic options: Term life and permanent life. The goal of each of these policies is to protect a person’s wealth and to give their families security when they’re gone.

Pros of Term Life Insurance Cons of Term Life Insurance
Cheap and simpleIs not permanent
Beneficiaries get a lump sumInsured must pass within the term chosen
Covers a certain amount of timeNo investment options
Helps people save with lower premiumsNo cash value
Can be changed to permanent


Pros of Permanent Life InsuranceCons of Permanent Life Insurance
Coverage for lifeMore expensive
Tax-advantaged investment opportunitiesCannot be changed to term
Cash value that can be accessed over time
Great for removing estate taxes

Other helpful services offered by this company include:

  • Group insurance for businesses
  • Retirement planning
  • Investments
  • Disability planning
  • …and more.

ACE INA Personal Insurance

ACE INA really believe in protecting the people and things that mean the most to us. While their life insurance policies only start to work when the insured passes, there are other coverages that begin right away.

Property and casualty insurance help to protect our personal things. Furthermore, they also help to protect people if they cause an accident. This is important if the person has caused injury or harm to a person or their personal belongings.

The biggest Canadian property and casualty insurance company by direct written premiums in 2016 was the Intact Group. They own 15.7% of the market, followed by Aviva Group, Desjardins Group, and the TD Group. 

ACE INA has many products underneath its Personal Insurance umbrella. These policies help to protect material things in life, as well as protecting us in dangerous situations.

These policies help to protect things such as our homes and cars, while also providing protection while we travel, drive, and fly. Personal insurance options include:

  • Home insurance
  • Motorcycle insurance
  • Automobile insurance
  • Travel insurance
  • Recreational boat insurance
  • Aviation insurance

ACE INA Commercial Insurance

ACE INA also provides commercial insurance, which is a big part of protecting a person’s businesses. This company has many options for this kind of coverage, to ensure that every business gets the right protection.

By having commercial insurance, business owners can lower their risks, stop losses and keep up strong operations. Problems that might be prevented include issues with wholesalers, retailers, residential buildings, business offices and more.

 ACE INA Reviews

Some insurance companies are very popular in Canada, while others are not well known. While ACE INA is a huge business, it’s not quite as well known for life insurance like Manulife Financial or The Great-West Assurance.

However, there are still lots of reasons to consider companies such as this one. For example, the company has great reviews from its employees.

ACE INA scored 4 stars out of 5 in its employee review. Employees talked about the great work environment and hard-working co-workers.

This kind of information is helpful to know when choosing a business. Happy employees often mean happy customers as well.

Other things to think about include:

  • Years in the business
  • Number of customers
  • Number of employees and agents
  • Total assets collected in recent years
  • Customer service

Affordable Life Insurance in Canada

Canadians want the best price when it comes to their insurance, but it’s good to know that not one company is the best.

This is because every person is different, and everyone will get different quotes.

Some of the things that can change a person’s life insurance rates include:

  • Age
  • Gender
  • Medical history
  • Lifestyle
  • Location
  • Hereditary illnesses

Based on this information, one person might get a very high quote, while someone else might get a very low quote from the same company. Furthermore, their quote might change from company to company.

Luckily, there are some ways to lower rates:

  • Keeping a healthy weight
  • Taking care of any sickness
  • Ending poor habits, such as smoking
  • Bundling policies within one company
  • Enjoying a safer lifestyle


Based out of Toronto, ACE INA is a large insurance company with a lot of focus on property and casualty insurance. While they don’t put a large focus on life insurance, customers can get this type of coverage, along with many other policies.