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Canada is the world second largest country in total area extends from Atlantic Ocean from east to the Pacific Ocean in the west and share borders with United States to the north and South east. The Economical Insurance group is one of the largest causality insurance companies in Canada. It was founded in 1871 which provides security and support for insurers and bookers. One of the oldest and independent Canadian owned insurance companies is Guarantee Company of North America and it controls the lions share of insurance products through the government agencies. The Dominion of Canada which is a general insurance company was founded by Canada's first prime minister Sir John A. Macdonald has been in activation since 1887. This is one of the largest and oldest companies which legally licensed to use the Canadian coat of arms in its logo and products.

Manufactures Life Insurance Company of Canada has world wide operations and largest insurance company of Canada. Its main headquarter is Toronto and Ontario. Property insurance in Canada provides protection against losses to buildings and contents. Another type of insurance is Liability insurance which protects the insurers for legal liability to others for injury or damage to property during scheme of policy. Property and casualty insurance in Canada offers insurance protection for homes, motor vehicles or commercial property throughout the country. The private home, car and business insurance companies in Canada provide insurance protection for most of the homes, vehicles and commercial enterprises. Now 214 private insurance companies compete in Canada. General insurance companies are regulated by the federal governments. About hundred of these companies both Canadian and foreign owned provide general insurance purchase in country. These private general insurance companies employ about ten thousand people directly or indirectly.

One of the life insurance companies of Canada is Allstate insurance company offers home, auto and life insurance and financial services including claim. Clarica provides investors and career information, Canada life includes individual and group life insurance, investment and retirement products. Standard life, Sun Life insurance provides real estate management, individual insurance and financial services. Prudential life insurance. General insurance companies are Aviva Canada, ING insurance company of Canada, Insurance cooperation of BC, Premium insurance company, Royal and Sun Alliance Canada etc.

A peculiar type of insurance company in Canada is Chubb insurance company which provides the best insurance solution for each group. Its main function is carefully examining the insurance needs of people and best insurance provider in the eyes of select individuals who choose it to protect their worlds. The major non life insurance companies in Canada are Economical Ins Group, ING insurance, Royal and SunAlliance, Meloche Monnex Group. The total life insurance premiums including both individual and group life insurance accounted in 2003 was $2.284 billions. The Equitable Life insurance company of Canada is an independent mutual life insurance company includes financial services to Canadians. It was established in 1920 and takes care of all financial planning and protection needs. This company provides group benefits to Canadian businessmen.>