Buy an Assumption Life Annuity

Assumption Life

About Assumption Life

Established in 1903, Assumption Mutual Life Insurance Company became a mutualĀ  company more than forty years ago. A testament to its undeniable reliability, Assumption Life has stood the test of time and is now one of theĀ largest remaining mutual life insurance companies in Canada. More about Assumption Life.

Product name: Immediate annuity

Issue ages: Single and Joint life ages 18-85. Prescribed term certain 18-85, non-prescribed term certain maximum age 105

Types of annuities: single life annuity, joint life annuity, term certain annuity

Rate guarantee: 21 days; 45 days if transfer from other institions

Guarantee period: Single life annuity, joint life annuity, term certain annuity 5 to 30 years. Pension income 0 to 15 years (can’t exceed age 90).

Premium Minimum: $10,000 maximum $750,000

Calculate: Assumption Life Annuity Quote

 

Posted by: Ivon T. Hughes

Ivon is a leading expert in life annuities in Canada. His website LifeAnnuities.com is a recognized authority on annuities. He's also an established insurance and investment broker, licensed across Canada through The Hughes Trustco Group since 1972. Recently, he's been redefining how annuities are sold in Canada.

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