On February 2, 2012, the Ontario Superior Court of Justice ordered the winding-up of Union of Canada Life Insurance (the “Company”) and appointed Grant Thornton Limited as liquidator (the “Liquidator”). A copy of the orders winding-up the Company and appointing the Liquidator can be found on the page containing relevant court and legal documents associated with this proceeding.
The Liquidator is working to arrange for the transfer of all policies issued by the Company to another life insurance company as soon as possible and every effort will be made to transfer all the policies under the terms and conditions similar to those to which they are currently.
Please contact the Liquidator immediately via one of the contact methods to the right should you have an interest in the policyholder base of the Company.
The Liquidator anticipates seeking Court approval of a proposed sales process expeditiously. Further information will be posted as available.