Mutual Company
Equitable Life is one of the largest and strongest mutual companies in Canada. As a mutual life insurance company, Equitable Life has no shareholders. Instead policyholders who purchase participating life insurance policies are eligible to receive dividends supported by the earnings from all of our lines of business. These dividends are distributed equitably among our participating policyholders; they are not shared with anyone else. Increasingly, our commitment to the mutual structure has become a point of differentiation - one that allows Equitable Life to offer continuity and stability to our stakeholders: our policyholders, independent producers and our staff.
As other insurance companies consolidate and restructure, our organization remains focused, stable and strong. Our customers know who they are doing business with - now and in the future - and will continue to receive superior, customer-focused service.
Also, as a mutual company, we are not driven by quarterly or short-term results. Instead, we focus on longer-term strategies that foster ongoing stability, growth, profitability and longer-term effective relationships with our policyholders and distributors. Ours is a progressive and competitive organization that is firmly committed to serving the best interests of our policyholders.