Is Ivari Insurance Legit? A Comprehensive Look

Ivari Insurance, a seasoned Canadian life insurance provider with a rich history spanning over 145 years, provides a diverse range of life insurance options such as term life, universal life, and critical illness coverage.

To ascertain the legitimacy of Ivari Insurance, this article delves into an examination of the company’s financial robustness, product offerings, pricing, available discounts, and customer feedback.

By exploring these facets, we aim to assist you in determining whether Ivari Insurance aligns with your preferences and requirements.

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Is Ivari Insurance Legit? Yes Find out on the article the comprehensive review PHOTO : InsurEye.


 Ivari Contact Information

ivari Insurance

P.O. Box 4241, Station A

Toronto, ON M5W 5R3




   Ivari  Insurance Pros And Cons


  • Strong financial stability
  • Wide range of products
  • Competitive rates
  • Various discounts
  • Easy-to-understand website
  • Licensed in all Canadian provinces and territories


  • Average customer reviews
  • Limited information on the company’s website about the claims process
  • Not available in the United States

Ivari  Insurance Financial Stability

Ivari Insurance boasts an “A+” rating from A.M. Best, denoting outstanding financial strength and a capacity to fulfill policyholder commitments effectively.

Moreover, Ivari has garnered endorsements from both the European Union and the United Kingdom, solidifying its credibility and reliability.

Ivari  Insurance Products

Ivari provides a variety of life insurance products to address different needs:

Term Life Insurance: Offers coverage for a specific period, typically the most cost-effective option.
Universal Life Insurance: Ensures permanent coverage with a growing cash value component.
Critical Illness Insurance: Provides a lump sum benefit upon diagnosis of a covered critical illness.
Other Products: Ivari also offers additional insurance products like disability insurance and long-term care insurance.

Ivari  Insurance Discounts

Certainly, Ivari Insurance is a legitimate insurance provider in Canada, offering a range of discounts on their insurance products, including:

Consolidated Coverage:

– This discount is applicable when acquiring multiple term life insurance policies from Ivari for the same individual under one policy.

This approach allows you to enjoy savings through bulk purchasing.

– The discount percentage is contingent on both the cumulative coverage amount and the policyholder’s age.

Layered Protection:

– This discount comes into play when adding one or more term life insurance policies on top of a foundational Universal Life (UL) insurance policy.

– Particularly advantageous for older individuals requiring reduced life insurance coverage as their debts decrease and assets increase.

– Realize savings on term riders by integrating them with Ivari Universal.

Other  Discounts:

1. Non-smoker discount: Ivari extends reduced premiums for non-smokers.
2. Good health discount: Eligible individuals in good health may qualify for a premium discount.
3. Annual payment discount: Opting for an annual premium payment instead of monthly payments provides a cost-saving advantage.

Customer Opinions

Positive Feedback:

1. Competitive Rates: Ivari receives praise for providing competitive rates on life insurance products.
2. Customer Service: Positive customer experiences highlight Ivari’s helpful and responsive customer service.
3. Financial Strength: Customers appreciate Ivari’s strong financial stability and market longevity.
4. Ease of Use: Some customers find Ivari’s online platform easy to navigate and understand.

Negative Feedback:

1. Claim Processing: Some customers face delays and difficulty reaching customer service during Ivari’s claims processing, leading to dissatisfaction.
2. Hidden Fees: Frustration is expressed over undisclosed fees and charges discovered after purchasing a policy.
3. Aggressive Sales Tactics: Some customers feel pressured or misled by Ivari’s sales representatives, especially regarding additional riders or add-ons.
4. Lack of Transparency: A few customers report confusion and dissatisfaction due to a perceived lack of transparency regarding policy terms and conditions.


Ivari Insurance stands as a reputable company boasting a robust financial position and competitive pricing. Nevertheless, customer opinions vary.

It is crucial to thoroughly investigate available options, compare quotes, and weigh factors such as your specific requirements, budget constraints, and desired level of customer service before selecting an insurance provider.


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