Magnalife Financial | Financial and Insurance experience for beyond your RRSP
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Plan for your grandchild's education to ensure a rich, healthy life.

Portrait Of Multi-Generation Family Group On Winter Beach Vacation

Provide coverage for yourself and your children from any critical illness.

Happy extended family having fun during family lunch in dining room.

Make new memories in the house you call a home, protected and secured.

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About Magnalife

After over 40 years of servicing our community and a diverse group of clients, we understand that financial and insurance needs change over time. So whether you are single, married, just starting a family or you are ready to retire, MagnaLife Financial will identify and deliver the financial and insurance solutions to address any need or station in life.

travel insurance

Do not leave home without it. Anything can happen. There’s no such thing as one size fits all in travel insurance. Let us help you navigate and protect yourself.

health insurance

Whether you work for yourself or a company, are single or support a family, a health insurance plan can help provide valuable financial support should you become sick or injured.


Whether you want to start a savings plan, protect the money you’ve saved so far, or grow your money over time, segregated funds and annuities can give you the security and stability you need when you retire.

about me

MagnaLife Financial (MLF) was incorporated in 1975 based on the life insurance and the financial services practice of Salvatore L. Mortelliti, dating back to 1965. This practice now operates as a consultancy that provides clients with expert knowledge of the industry.

Aligned with a select network of independent insurance and financial services providers who are specialists in their particular fields, Magna Life Financial employs a project management approach in order to create solutions tailored to your needs. We offer expert advice in areas of corporate life insurance, financial services products as well as group benefit plans which include individual benefits, employee benefits and professional associations plan design implementation.

Salvatore Mortelliti


our partner companies

Our Ontario Corporate Life & Health insurance license number is 24984M. We negotiate on your behalf, solutions for all your life, group, health & dental, critical illness, long-term care and disability insurance needs.

For financial security in your retirement years we offer products in R.R.S.P. and variable annuities (segregated funds).

We represent a number of companies, the primary ones are: Manulife Financial, Great West Life, Empire Financial, Sun Life Financial, RBC Life and Foresters Life.

For your travel insurance needs we represent TuGo, Manulife Financial and Medi-Group amongst others.

Upon completion of every sale, we will be enumerated by way of commission or other renumeration which will be paid to us by the insurance company.

Should you require additional information about us, our business relationships or products, we would be pleased to assist you.

Thank you for your business.

MagnaLife Financial is pleased to offer competitive quotes by the following companies: