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:
hereCoverage 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