Canada Life Financial is a subsidiary of Great-West Lifeco, which is itself controlled by the Power Corporation of Canada. Canada Life Financial is the parent of Canada Life Assurance which offers both group and individual policies for life, critical illness, creditor, and disability insurance as well as reinsurance. Canada Life Assurance also provides annuities, pension plans, trusts, and other investment products, along with financial and investment management. In addition to serving customers in Canada, the company does business in Germany, Ireland, the Isle of Man, the UK, and the US.