Is Equitable Life Insurance Company still in business?
The status of "Equitable Life" depends on which specific company you are referencing, as there are different historical and regional entities with this name. The Equitable Life Assurance Society (UK) famously closed to new business in 2000, and its remaining operations were sold to Utmost Life and Pensions in 2020. Conversely, Equitable Life of Canada is a completely separate and active entity. It is a thriving, reputable Canadian insurance company with over a century of experience, offering a full range of term life insurance, permanent insurance, and customizable investment products. Therefore, while one historic British society has closed, the prominent Canadian insurer remains very much in business and is highly active.
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