At Equitable Life we are 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
our 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.
Participating policyholders also elect our Board of Directors and
have a right to vote on various other Company issues. We operate
the Company in their interest and we answer only to them.
Our mutual structure means that we are not driven by shareholder
pressures for quarterly results. This 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. Our commitment to mutuality allows Equitable Life to
offer continuity and stability to our policyholders, independent
producers and employees. As other insurance companies consolidate
and restructure, our organization remains focused, stable and
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,