Assumption Life Over 50 Life Insurance


Assumption Life offers two permanent life insurance policies, the Golden Protection and Golden Protection Plus. Designed for Canadians over the age of 40, these plans offer reliable protection at fixed rates with coverage that will never decrease.

Assumption Life Golden Protection


  • Available for those ages 40 to 85.

  • No medical exam required.

  • Coverage ranges $1,000 to $50,000

  • Accident benefits returns five times coverage amount.

  • Living benefit at no additional cost.

  • Accidental fracture rider option.

  • Deferred benefit option.

Assumption Life Golden Protection Plus


  • Available to those ages 40 to 80.

  • No medical exam required.

  • Coverage ranges $1,000 to $30,000.

  • Initial value of coverage will appreciate at 3% per year with no change in premium to match increased cost of living.

  • No waiting period, coverage is effective immediately.

  • Living benefit at no additional cost.

  • Accidental fracture rider option.

  • Deferred benefit option.

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