Exploring Assumption Life: A Tradition of Trust and Innovation

Who is Assumption Life?

Assumption Life, officially known as Assumption Mutual Life Insurance Company, has been serving Canadians since its founding in 1903. Headquartered in Moncton, New Brunswick, this company has a long-standing tradition of providing a variety of financial and insurance products designed to meet the diverse needs of its clients.

Comprehensive Product Offerings

Assumption Life offers a wide range of products, including:

1. Life Insurance: Various plans such as term, whole life, and universal life insurance.

2. Investment Solutions: Including registered investment accounts (RIA), segregated funds, and mutual funds.

3. Retirement Plans: RRSPs, TFSAs, and other retirement savings options.

4. Health and Disability Insurance: Ensuring clients are covered in case of health issues or disability.

Commitment to Clients and Community

Assumption Life is renowned for its client-centered approach. Their mission is to support the financial well-being of their clients through innovative products and exceptional service. The company prides itself on its agile response to client needs, offering flexible and personalized insurance solutions.

Innovations and Competitive Edge

One of Assumption Life’s standout products is the Registered Investment Account (RIA), which combines the benefits of mutual funds and segregated funds into a low-fee, high-performing investment option. This product is particularly appealing due to its competitive management fees and easy application process, allowing advisors to offer a comprehensive investment solution without the need for a mutual fund license​ (Assumption Life Investments)​​ (Assumption Life – As easy as saying Hi)​.

Agility and Accessibility

Assumption Life is often praised for its agile and responsive service. The company’s electronic application processes, fast policy execution times, and dedicated customer service make it a standout in the insurance industry. They offer specialized products like FlexTerm, which provides affordable, flexible coverage with built-in benefits and tailored riders for critical illness and disability income​ (Assumption Life)​.

A Focus on Simplicity and Efficiency

The company also emphasizes simplicity and efficiency in their product offerings and service delivery. They strive to make investing and insurance easy for both clients and advisors, ensuring that their solutions are accessible and straightforward​ (Assumption Life – As easy as saying Hi)​.

Conclusion

Assumption Life's blend of tradition, innovation, and client-focused service has cemented its reputation as a reliable and forward-thinking insurance provider. Their commitment to flexibility, affordability, and exceptional customer service continues to make them a trusted choice for Canadians seeking comprehensive financial and insurance solutions.

For more information, visit Assumption Life.