Unity Life of Canada and Home Trust Company announce an agreement to offer insurance products to Home Trust clients



    TORONTO, Nov. 6 /CNW/ - Unity Life of Canada and Home Trust Company, one
of Canada's premier trust companies, today announced that they have entered
into an agreement to offer creditors' life insurance to Home Trust's customers
under a Group Creditor Life Insurance Policy issued by Unity Life to Home
Trust.
    While the terms of this agreement have not been disclosed, this
relationship represents a major growth opportunity for both organizations. For
Unity Life, it marks the company's first entry into the Group Creditor
mortgage protection marketplace. Anthony Poole, President and CEO of Unity
Life of Canada stated: "We welcome the opportunity to offer insurance products
to Home Trust's growing client-base. This is our first step in building what
promises to be a mutually beneficial relationship." This business relationship
with Home Trust continues Unity Life's growth and commitment as one of
Canada's leading niche insurance carriers.
    The agreement enables Home Trust to offer expanded services to its
customers. "We have had numerous requests from our customers for mortgage life
insurance", said Nick Kyprianou, Sr. Vice President and COO. "It allows us to
meet the needs of our customers and enables us to diversify into additional
product offerings."

    About Unity Life

    Unity Life of Canada is a Canadian incorporated mutual life insurance
company, which provides financial security to Canadians through innovative
life insurance products and services. The company originated in 1898 as the
Insurance Department of the Subsidiary High Court of the Ancient Order of
Foresters. It was incorporated as a mutual company in 1934, subsequently
changing its name to Toronto Mutual Life Insurance Company. In 2002, Toronto
Mutual Life amalgamated with its subsidiary, The Western Life Assurance
Company, as Unity Life of Canada. Based in Mississauga Ontario, Unity Life
currently has more than 175,000 policyholders, $13 billion of insurance
inforce, and over $500 million in assets. Unity Life's web address is
www.unitylife.ca.

    About Home Trust

    Home Capital Group Inc. is a holding company, publicly traded on the
Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home
Trust Company. Home Trust is a federally regulated trust company offering
deposit, mortgage lending, retail credit and credit card issuing services.
Licensed to conduct business across Canada, Home Trust has offices in Ontario,
Alberta, British Columbia, Nova Scotia and Québec.




For further information:

For further information: Media Contacts: Gerald M. Soloway, President &
CEO, or Nick Kyprianou, Sr. Vice President & COO, Home Trust Company, (416)
360-4663, www.hometrust.ca; Alison Stemp, Unity Life of Canada, (905)
219-8008, astemp@unitylife.ca

Organization Profile

UNITY LIFE OF CANADA

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