Assumption Life offers five Term Insurance plans to suit your individual and unique needs:
Flexoptions - protects your largest investment - your home and provides coverage for other financial obligations. This plan offers tremendous flexibility as compared to mortgage insurance from your bank.
- Provides protection regardless of your mortgage’s current stage.
- Available for people ages 18 to 65
- Guaranteed, fixed premiums
- Available as individual or joint policy for 15, 20, or 25-year term
- Convertible into a permanent plan
Flexterm - affordable term life insurance plan with plenty of options:
- Coverage from $50,000 up to $4,000,000.
- Disability Insurance included, providing up to $3000 in monthly income
- No health exams for coverage of $499,000 or less
- Possibility to add a Critical Illness or Child insurance option
Youth Plus - life insurance plan for children from 15 days to 17 years of age:
- Guaranteed coverage up to 25 years of age
- "Guaranteed Insurability”, meaning that the coverage is guaranteed even if the child develops health problems
- Once your child reaches age 25 the plan can be converted to a permanent or term policy regardless of their health condition
- Guaranteed level premiums
- Provides "living benefit" should your child become ill
No medical Term Plus - Life insurance plan for individuals from 20 to 70
- No medical exam policy
- 10 or 20-year term choices
- Guaranteed level premiums
- Coverage goes from $50,000 to $250,000
- Possible to convert your policy into permanent policy with no medical exam
- Living benefit with 50% of the amount paid in case of terminal disease
No medical Term - Like the No medical Term Plus, this product offers coverage for people who have health issues and would not qualify for traditional life insurance policies
- No medical exam policy
- 10 or 20-year term choices
- Guaranteed level premiums
- Coverage goes from $50,000 to $150,000
- Living benefit with 50% of the amount paid in case of terminal disease
We work directly with Assumption Life and are able to provide all their latest life insurance products. To receive a no-obligation quote, please complete a short inquiry form, and we will be happy to assist you.
Learn more about the other life insurance products offered by Assumption Life now.
- Compare rates from top Canadian providers
- Insurance products to suit every need
- Experienced advisors across Canada
- No medical insurance plans
- Products available for ages 0-85
- Compare rates from top Canadian providers
- Insurance products to suit every need
- Experienced advisors across Canada
- No medical insurance plans
- Products available for ages 0-85