Equitable Life is proud to be one of Canada's largest mutual
life insurance companies, and we believe our mutual status best
serves the long-term interests of our policyholders.
As a mutual company, our participating policyholders share in
Equitable Life's success. They are eligible to receive dividends
supported by distributable earnings from all lines of business -
Individual Life and Health, Savings and Retirement, and Group
Benefits. As well, participating policyholders elect our Board of
Directors and have a right to vote on various other Company issues.
We operate the Company in their interests and we answer only to
As well, we are not driven by shareholder pressures for
quarterly results. Our mutual structure allows us to offer
continuity and stability and to focus on growing the Company and
meeting the long-term interests of our policyholders.
Stability and growth
Our mutual status has allowed us to prepare for and succeed in
difficult market conditions. We have sufficient earnings and
capital to meet our future growth targets, and we continue to grow
steadily. As well, our commitment to mutuality allows Equitable
Life to offer continuity and stability to our policyholders,
independent producers and our staff. As other insurance companies
consolidate and restructure, our organization remains focused,
stable and strong.
Finally, we believe that being a mutual company allows us to
provide better levels of service than a publicly traded company.
Our customers know who they are doing business with - now and in
the future - and will continue to receive superior,