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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

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