Unity Life of Canada announced on Tuesday that following regulatory approval, it has completed its previously announced acquisition of the Canadian Intermediate and Weekly Premium life and the Canadian Individual health insurance business of The Prudential Insurance Company of America.

Effective immediately, Unity Life will assume Prudential’s liabilities related to this business. Certificates of Assumption will be sent to policyholders.

This acquisition adds scale to Unity Life of Canada’s book of business and is a part of the company’s ongoing strategy to pursue value-added acquisitions. Unity Life will provide cost-effective, long-term protection and insurance services to these policyholders.