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Serenia Life Financial

Insurance company· Waterloo, Ontario· Since 1972Open to all

About Serenia Life Financial

Serenia Life Financial is the operating name (since October 2022) of FaithLife Financial, a member-governed fraternal benefit society created by federal Letters Patent in 1972 as the Lutheran Life Insurance Society of Canada. Headquartered in Waterloo, Ontario, it offers life insurance (whole, term, term-to-100, critical illness) and annuity/investment products, with membership opened beyond the Lutheran community in 2004. As a fraternal benefit society it does not appear on Assuris's member-company list.

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Access: Open to all Canadians

Eligible provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland & Labrador, Nova Scotia, Northwest Territories, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon

How to join: Purchase a Serenia Life insurance or investment product through an advisor; membership is automatic with the policy.

Deposit protection: not on file yet — see our deposit insurance guide and confirm coverage with Serenia Life Financial.

Current top rates

rates confirmed as of 2026-10-08
Best GIC · 5-year4.30%
GIC ladderBest rate
1-year GIC3.80%
2-year GIC3.75%
3-year GIC4.15%
4-year GIC4.10%
5-year GIC4.30%

Base ladder rates. Institution may have more term rates below.

Rate history builds here as we track this institution's rates over time.

Term deposit rates

— not stated on siterates confirmed as of 2026-10-08

GIA Guaranteed Interest Annuities are insurance contracts — protected by Assuris, the life-insurance guarantee fund, not by CDIC.

Filter rates
TermRegistrationRedeemableCompoundingInterest paidMin–Max depositRate
Long-term — 1 year +
1 dayGIANon-regN—At maturityNo minimum1.00%
9 monthsGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+2.55%2.80%3.05%
1 yearGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+3.30%3.55%3.80%
15 monthsGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+3.25%3.50%3.75%
18 monthsGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+3.25%3.50%3.75%
21 monthsGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+3.25%3.50%3.75%
2 yearsGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+3.25%3.50%3.75%
27 monthsGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+3.40%3.65%3.90%
30 monthsGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+3.40%3.65%3.90%
33 monthsGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+3.40%3.65%3.90%
3 yearsGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+3.65%3.90%4.15%
39 monthsGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+3.60%3.85%4.10%
42 monthsGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+3.60%3.85%4.10%
45 monthsGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+3.60%3.85%4.10%
4 yearsGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+3.60%3.85%4.10%
51 monthsGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+3.80%4.05%4.30%
54 monthsGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+3.80%4.05%4.30%
57 monthsGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+3.80%4.05%4.30%
5 yearsGIANon-regN—At maturityUnder $50k$50k – $99,999$100k+3.80%4.05%4.30%

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