Assumption

Trusted Mutual Insurance Since 1903, Helping Canadians Build Financial Confidence.

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Assumption Life is a Canadian mutual insurance company whose decisions are guided by the long-term interests of its policyholders rather than short-term shareholder expectations. Founded in 1903 and headquartered in Moncton, New Brunswick, the company has built a strong reputation for financial stability, personalized service, and long-term relationships with clients and advisors. With more than a century of experience, Assumption Life continues to help Canadians protect their financial future through a customer-focused approach, innovation, and a commitment to sustainable growth.

Products & Services

Term Life Insurance
Provides affordable life insurance coverage for a selected period, helping protect your family's financial future with flexible coverage options.
Participating Whole Life Insurance
Permanent life insurance that offers lifelong protection while building guaranteed cash value over time.
Participating Whole Life Insurance
Permanent life insurance that allows eligible policyholders to receive policy dividends while maintaining lifelong protection.
Universal Life Insurance
Combines permanent life insurance with flexible investment and savings opportunities to help achieve long-term financial goals.
Critical Illness Insurance
Provides a lump-sum benefit upon diagnosis of a covered critical illness, helping reduce financial stress during recovery.
Segregated Funds
Investment solutions offering market growth potential with valuable insurance features such as maturity and death benefit guarantees.
Guaranteed Investment Certificates (GICs)
Secure investment options offering guaranteed returns over a fixed investment period.
Tax-Free Savings Account (TFSA)
A flexible registered savings account that allows your investments to grow tax-free while giving you easy access to your money whenever you need it.
Registered Retirement Savings Plan (RRSP)
A registered retirement savings plan designed to help Canadians save for retirement while benefiting from valuable tax advantages.
First Home Savings Account (FHSA)
A registered account designed to help eligible Canadians save for the purchase of their first home with valuable tax advantages.
Registered Retirement Income Fund (RRIF)
A retirement income solution that allows you to convert your retirement savings into a stream of income while continuing to benefit from tax-deferred growth.

Why this company

Personalized Solutions
Insurance and investment solutions designed to adapt to your personal, family, and financial goals.
Financial Protection
Help protect your family, income, retirement, and long-term financial security with a broad range of insurance solutions.
Investment Opportunities
Access insurance-based investment solutions, including segregated funds and eligible registered investment plans.
Retirement Planning
Build retirement income through annuities and long-term investment strategies designed for financial confidence.
Estate Planning
Support wealth preservation and help simplify the transfer of assets to future generations.
Canadian Experience
Serving Canadians for more than a century with innovative insurance and investment solutions.

Location

Unit 510-666 Burrard St, Vancouver, BC V6C 2X8

6046552335 admin@mehdirad.ca

Products & Services

Term Life Insurance

Provides affordable life insurance coverage for a selected period, helping protect your family's financial future with flexible coverage options.

Participating Whole Life Insurance

Permanent life insurance that offers lifelong protection while building guaranteed cash value over time.

Participating Whole Life Insurance

Permanent life insurance that allows eligible policyholders to receive policy dividends while maintaining lifelong protection.

Universal Life Insurance

Combines permanent life insurance with flexible investment and savings opportunities to help achieve long-term financial goals.

Critical Illness Insurance

Provides a lump-sum benefit upon diagnosis of a covered critical illness, helping reduce financial stress during recovery.

Segregated Funds

Investment solutions offering market growth potential with valuable insurance features such as maturity and death benefit guarantees.

Guaranteed Investment Certificates (GICs)

Secure investment options offering guaranteed returns over a fixed investment period.

Tax-Free Savings Account (TFSA)

A flexible registered savings account that allows your investments to grow tax-free while giving you easy access to your money whenever you need it.

Registered Retirement Savings Plan (RRSP)

A registered retirement savings plan designed to help Canadians save for retirement while benefiting from valuable tax advantages.

First Home Savings Account (FHSA)

A registered account designed to help eligible Canadians save for the purchase of their first home with valuable tax advantages.

Registered Retirement Income Fund (RRIF)

A retirement income solution that allows you to convert your retirement savings into a stream of income while continuing to benefit from tax-deferred growth.

Why this company

Personalized Solutions

Insurance and investment solutions designed to adapt to your personal, family, and financial goals.

Financial Protection

Help protect your family, income, retirement, and long-term financial security with a broad range of insurance solutions.

Investment Opportunities

Access insurance-based investment solutions, including segregated funds and eligible registered investment plans.

Retirement Planning

Build retirement income through annuities and long-term investment strategies designed for financial confidence.

Estate Planning

Support wealth preservation and help simplify the transfer of assets to future generations.

Canadian Experience

Serving Canadians for more than a century with innovative insurance and investment solutions.