Humania Assurance

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    President: Nicolas Moskiou, FSA

    Total Assets: $214.3M in 2025

    Net Income: $4.8M in 2025

    Insurance Revenue: $214.3M in 2025

    Employees: 200+ employees

    Organization Type: Canadian mutual company; Humania Assurance is a subsidiary of LS Mutual Management

    Core Products: Life, disability, critical illness, travel, no-medical, medical expense and hospitalization insurance

    Head Office:

    Humania Assurance Inc.
    1555 Girouard Street West, Saint-Hyacinthe, Quebec J2S 2Z6

    Phone:1-800-773-8404

    Humania Assurance is a Canadian mutual insurance company with roots dating back to 1874, when it was founded in Quebec as Union Saint-Joseph de Saint-Hyacinthe, a mutual aid society created to support families facing illness or death. The organization became La Survivance in 1938 and evolved over subsequent decades into a life and health insurer. In 2013, its insurance operations adopted the Humania Assurance name, reflecting a broader focus on accessible and innovative insurance solutions. Today, Humania offers life, disability, critical illness and other health-related insurance products, with particular strength in simplified and no-medical-exam coverage. The company celebrated its 150th anniversary in 2024.

    Humania Assurance Inc. similar to other Canadian life insurance companies, offers numerous products targeting clients with various insurance needs. 

    Though LSM Insurance is not directly affiliated to this insurer, our experienced life insurance brokers have access to products and quotes of over 20 Canadian insurers similar to the ones provided by Humania Assurance Inc. such as term life insurance quotewhole life insurance quoteuniversal life insurance quotedisability insurance quotecritical illness insurance quoteno medical life insurance quotelong-term care insurance quotegroup benefits and others.

    Strengths:

    1. Strong simplified- and guaranteed-issue / no-medical offering, across life, CI and disability—not merely life insurance.

    2. Fast digital underwriting/issuance; Humania markets certain IWME products around six eligibility questions and issuance in approximately 10 minutes.

    3. Strong living-benefits orientation, particularly disability and critical illness; Humania itself traces this specialization back to 2000.

    4. Broad accessibility for non-standard risks, including guaranteed-issue solutions for applicants who may not qualify for simplified issue.

    5. Long-established Canadian mutual insurer, with roots going back more than 150 years.

    Considerations:

    1. Smaller Canadian insurer: Humania is smaller than Canada’s largest national insurance companies, while bringing more than 150 years of history in the Canadian insurance market.

    2. Specialized product focus: Humania has a particularly strong focus on life, critical illness, disability and simplified/no-medical insurance solutions. Consumers looking for a broader range of wealth or investment products may want to compare offerings across insurers.

    3. Product fit varies by need: Humania’s strengths are particularly relevant for consumers seeking protection and living-benefit solutions; as with any insurer, product features and pricing should be compared based on individual needs.

    Interested to see how Humania Assurance rates compare with others?

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