As the largest mutual insurance provider in Atlantic Canada, Assumption Life has made itself a leader in the realm of No Medical life insurance.
With a variety of policies available for any individual of any age, Assumption offers both temporary and permanent life protection on nearly all their available insurance products without the need to qualify with a medical exam.
No Medical Exam Life Insurance Plans from Assumption Life:
No Medical Term / Term PlusFlex PlansPermanent Coverage
Policy Name
Eligibility
Coverage Options
Additional Benefits
Other Information
No Medical Term Plan
Ages 20-70
$50,000 - $150,000
Living benefit – 50% of sum insured in the event of a terminal illness.
10- or 20-year term lengths available. No medical exams required to apply. Premiums guaranteed to never change for the duration of the term.
No Medical Term Plus Plan
Ages 20-70
$50,000 - $250,000
Living benefit – 50% of sum insured in the event of a terminal illness.
10- or 20-year term lengths available. No medical exams required to apply. Premiums guaranteed to never change for the duration of the term. Renewable and convertible to a permanent plan.
Policy Name
Eligibility
Coverage Options
Additional Benefits
Other Information
FlexTerm
Ages 18-75
$50,000-$499,999 (No medical exams required)
Disability insurance option - monthly income of up to $3,500 in the event of loss of work due to illness or injury. Option to add critical illness or child insurance benefit riders.
10, 15, 20, 25, 30, or 35-year term lengths available. Life and disability premiums never change for the life of the term. Renewable and convertible to a permanent plan.
FlexOptions
Ages 18-65
Up to $499,999 without a medical exam.
Disability insurance option - monthly income of up to $3,500 in the event of loss of work due to illness or injury.
15, 20, or 25-year terms available. Premiums never change for the life of the term. Convertible into a permanent policy.
Policy Name
Eligibility
Coverage Options
Additional Benefits
Other Information
Golden Protection
Ages 40-85
$1000-$100,000
4x accidental death benefit. Accidental fracture rider.
No medical exam or blood tests required. Cash value available.
Total Protection
Ages 18-80
$5000-$50,000
Accidental death coverage. Living benefit included at no additional cost.
Guaranteed cash value on the policy’s third anniversary.
No Medical Whole Life
Ages 20-70
$10,000-$150,000
Living benefit – 50% of the sum insured in the event of a terminal illness.
No medical exams or blood tests. Cash values available.
No Medical Whole Life Plus
Ages 20-70
$10,000-$250,000
Living benefit – 50% of the sum insured in the event of a terminal illness.
No medical exams or blood tests. Cash values available.
Essential Whole Life
Ages 18-75
$10,000 to as high as $499,999 without a medical exam.
Disability insurance option - monthly income of up to $3,500 in the event of loss of work due to illness or injury. Additional disability, critical illness, and child insurance benefit riders.
Life Pay, 20-Year Pay, and Pay to Age 65.
ParPlus
Ages 18-75
$5,000 to as high as $249,999 without a medical exam.
Disability insurance option - monthly income of up to $3,500 in the event of loss of work due to illness or injury.
Pays out dividends that can reduce your income or lower your insurance costs. Payable for 20 years or for life.
No Medical Term / Term Plus
Policy Name
Eligibility
Coverage Options
Additional Benefits
Other Information
No Medical Term Plan
Ages 20-70
$50,000 - $150,000
Living benefit – 50% of sum insured in the event of a terminal illness.
10- or 20-year term lengths available. No medical exams required to apply. Premiums guaranteed to never change for the duration of the term.
No Medical Term Plus Plan
Ages 20-70
$50,000 - $250,000
Living benefit – 50% of sum insured in the event of a terminal illness.
10- or 20-year term lengths available. No medical exams required to apply. Premiums guaranteed to never change for the duration of the term. Renewable and convertible to a permanent plan.
Flex Plans
Policy Name
Eligibility
Coverage Options
Additional Benefits
Other Information
FlexTerm
Ages 18-75
$50,000-$499,999 (No medical exams required)
Disability insurance option - monthly income of up to $3,500 in the event of loss of work due to illness or injury. Option to add critical illness or child insurance benefit riders.
10,15,20,25,30, or 35-year term lengths available. Life and disability premiums never change for the life of the term. Renewable and convertible to a permanent plan.
FlexOptions
Ages 18-65
Up to $499,999 without a medical exam.
Disability insurance option - monthly income of up to $3,500 in the event of loss of work due to illness or injury.
15, 20, or 25-year terms available. Premiums never change for the life of the term. Convertible into a permanent policy.
Permanent Coverage
Policy Name
Eligibility
Coverage Options
Additional Benefits
Other Information
Golden Protection
Ages 40-85
$1000-$100,000
4x accidental death benefit. Accidental fracture rider.
No medical exam or blood tests required. Cash value available.
Total Protection
Ages 18-80
$5000-$50,000
Accidental death coverage. Living benefit included at no additional cost.
Guaranteed cash value on the policy’s third anniversary.
No Medical Whole Life
Ages 20-70
$10,000-$150,000
Living benefit – 50% of the sum insured in the event of a terminal illness.
No medical exams or blood tests. Cash values available.
No Medical Whole Life Plus
Ages 20-70
$10,000-$250,000
Living benefit – 50% of the sum insured in the event of a terminal illness.
No medical exams or blood tests. Cash values available.
Essential Whole Life
Ages 18-75
$10,000 to as high as $499,999 without a medical exam.
Disability insurance option - monthly income of up to $3,500 in the event of loss of work due to illness or injury. Additional disability, critical illn
Life Pay, 20-Year Pay, and Pay to Age 65.
ParPlus
Ages 18-75
$5,000 to as high as $249,999 without a medical exam.
Disability insurance option - monthly income of up to $3,500 in the event of loss of work due to illness or injury.
Pays out dividends that can reduce your income or lower your insurance costs. Payable for 20 years or for life.
We work directly with Assumption Life, and offer their latest No Medical Life Insurance policies. If your health or age is preventing you from obtaining adequate protection, we would be happy to help. Please use our form to request a free, no obligation quote.
