The Penncorp Life Insurance Company is a Canadian insurance company that specializes in disability insurance. It was founded in 1971. Penncorp Life is one of the leading companies of its kind in Canada. Its client base includes people who are self employed, run their own small businesses or are involved in skilled trades or blue collar jobs. With branch offices and representatives located throughout every province in Canada, it is easy to get in touch with Penncorp Life.
Penncorp Life’s parent company is the Mutuelle Des Fonctionnaires Du Quebec, Corporation De Gestion. The company’s headquarters are located in Mississauga, Ontario. A member of the La Capitale Financial Group, Penncorp services over 100,000 clients per year. These clients receive more than $2 million in benefits per month. The total amount of assets Penncorp Life deals with comes to over $350 million. The president and COO of Penncorp Life is Steven Ross, and some of the company’s various vice presidents include Eli Pichelli, Stephen Cole and Scott Hunt.
In addition to helping families by providing them with much-needed products and services, Penncorp Life prides itself on its commitment to charitable programs. For example, in the past, Penncorp Life ran a 6 week fundraising campaign to raise money for Foodpath, a Mississauga food bank. Penncorp Life is also a proud supporter of the Canadian Cancer Society.
Some of the products offered by Penncorp Life include disability lifetime accident and sickness benefits, business interruption insurance, emergency benefit plans, sickness benefits, convalescence protection, hospital and disability accident benefits and emergency benefit plans. In addition, under its Cornerstone Series, Penncorp Life offers products such as Pillar Protection, Canadian Safe Driver and Family Security. Pillar Protection is a hospital and disability coverage flyer; Family Security is accidental death benefits, and Canadian Safe Driver is auto insurance. PennCare is the name of Penncorp Life’s critical illness insurance, and it can be purchased either as a Premier Critical Illness package or PennCare Cancer plan. The company also offers life insurance plans and long-term care plans. Penncorp Life is willing to work with its clients in order to provide them with customized plans that best serve their clients’ needs.