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Serenia Life Financial, a Canadian insurance and financial services company, dedicates itself to helping individuals and businesses grow their money and protect their savings. This ensures reliable income streams for the future, benefiting you and your loved ones.

With over 33,000 members and a longstanding tradition of leading with kindness, Serenia Life is an established member-based organization within the insurance industry.

They aim to simplify financial planning, offering personalized service and cutting-edge technology solutions. Moreover, thanks to their full-service consultation and transparent fee structures, you’ll understand the precise value of your investments.

Serenia Life Financial is committed to providing comprehensive life insurance products and wealth management services. These products and services empower you to confidently secure your future through trusted advice and personalized investment strategies.

Serenia Life products

Operating with a customer-centric approach, Serenia Life uses technology to boost convenience while fostering personal, trusted relationships. Below are the main products of Serenia Life Financial:

Guaranteed Interest Annuity (GIA)

Serenia Life offers Guaranteed Interest Annuities (GIAs), a secure way for Canadians to save and invest with peace of mind. Similar to GICs, GIAs provide predictable returns for a fixed period unaffected by market shifts. 

Available in registered and non-registered accounts, you can invest from $500, with flexible terms to suit your needs. Plus, you can withdraw funds at the end or during the term. Additional perks include competitive interest rates, tax advantages, and potential bonuses for larger deposits.

Term Life Insurance

This type of insurance covers periods from 10 to 30 years, making them ideal for short-term financial obligations like mortgages or supporting dependents. Term insurance is affordable and can be converted to permanent insurance without a health review.

Benefits include larger coverage at lower costs, the ability to convert to permanent insurance later, and maintaining policy value over time. Members enjoy unique benefits promoting generosity and community support.

Term 100 Life Insurance

Serenia Life Term to 100 is an ideal estate planning solution. It covers final expenses and taxes and leaves a legacy for heirs. It offers a low-cost, permanent protection plan with guaranteed premiums for life.

Benefits include:

• Cost-effective insurance
• Level premiums up to age 100
• Easy conversion from a term policy
• Customized optional benefits
• Exclusive member perks promoting community involvement

Whole Life Insurance

Serenia Life’s Whole Life insurance ensures you receive guaranteed premiums, cash value, and a death benefit, with the opportunity to earn dividends annually. Alongside dividend potential, members enjoy additional benefits.

Two Whole Life insurance products are available, each with varying premiums and benefits. One is the 20-Pay Whole Life product, which is suitable for young individuals. It provides lifelong coverage after 20 years of premium payments.

Dividend options include paid-up additions for increased coverage, accumulated dividends acting as a savings account, and cash payouts. Their policies offer lifetime protection, guaranteed premiums and benefits, flexibility in dividend usage, savings opportunities, and estate protection for beneficiaries.

Serenia Life Financial member benefits

• Membership stipend: Members can receive a stipend of up to $150 every five years, with the exact amount dependent on the paid invoice.
• Safe communities: Eligible members receive one safety kit per household, part of Serenia Life Financial’s commitment to enabling members to keep their families and communities safe.
• Post-secondary scholarship programs: Full-time undergraduate or graduate students working towards a college diploma can apply for a one-time $1,000 scholarship, regardless of the institute’s location.
• Mission trips: For members who wish to provide hands-on help to communities in need, Serenia Life provides financial assistance to support volunteer trips focused on humanitarian missions. Members can apply annually to receive a $200 stipend to cover the costs of their volunteer mission trip. Additionally, after completing the service trip, Serenia Life makes a $50 donation to a registered non-profit organization of your choice.
• First aid benefit: Members who have been in the community for over six months can receive reimbursement for CPR and First Aid training costs. This covers up to $50 of the fees for an accredited Canadian certification or recertification course taken once every three years.