Three Instant Issue Life Solutions From Assumption Life

Assumption Life has made a big splash in the instant issue life insurance market. Instant issue life insurance is a policy which is geared towards individuals who are not in optimal health but have a need for life insurance. 

Assumption Life

These policies are issued without a medical test and with limited proof of insurability. Most instant issue plans limit the death benefit in the first two policy years but Assumption Life’s Golden Protection and Golden Protection Plus pay out from day one.

Read the rest of the article Three Non Medical Life Insurance Solutions From Assumption Life.

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  • LSM Insurance
    October 24, 2012 at 11:08 am

    Thanks Patrick,

    Assumption’s Instant Issue plans have no medical tests but some health questions whereas the plan you have may not have any questions. If you qualify for the Assumption plan they will likely give you a better value

  • Patrick
    October 23, 2012 at 12:44 pm

    If assumption life pays out the life insurance from day 1…why wouldn’t everybody who is given 6 months or less to live run out and buy a policy? I’m paying $99/month with a competitor with a 2 year clause…assumption life offers the same for $60/month without the 2 clause…is there something I’m missing?

  • LSM Insurance
    January 18, 2012 at 3:09 pm

    Hi Marv,

    We only offer insurance solutions for Canadians.

    Regards, LSM Insurance

  • marv
    January 18, 2012 at 2:59 pm

    Is the Life Solutions product available to US citizens?

  • LSM Insurance
    April 5, 2010 at 3:21 pm

    Thanks for the note – I will send you an email now with some additional details.

  • sam
    April 5, 2010 at 3:10 pm

    Can a 35yr old single mom, who has been diagnosed with HIV 5 yrs ago be able to get life insurance. There has been no change in treatment in 3.5 yrs, working full time in Toronto $51K/yr, homeowner for 1.5 years with no mortgage life insurance.

    Please advise,

  • LSM Insurance
    September 25, 2009 at 8:23 am

    Thanks for the note. $10,000 of Golden Protection with Assumption Life would be $22.55 a month. The insured would have to had been diagnosed with cancer over 2 years ago and had no change in treatment the last 2 years.

  • William LeFew
    September 24, 2009 at 11:41 pm

    What would a gauranteed issue life cost for a 44 year old non smoker female, with death benefit of $10,000 cost please? She has cancer

  • LSM Insurance
    November 5, 2008 at 1:49 pm

    Thanks for the note. I think a key advantage is it allows people to get coverage who would not normally qualify for insurance. As the population ages this market is increasing. Regards … Lorne

  • Insurance Agent
    November 5, 2008 at 9:07 am

    I believe the advantage of this type of life insurance lies in its convenience, which can be attractive to a lot of people. That was a sound idea of the company.

  • LSM Insurance
    October 27, 2008 at 2:23 pm

    Thanks Lois. I will send you a quote in a seperate email. Best Regards … Lorne

  • Lois Peckham
    October 27, 2008 at 12:54 pm

    Hi Lorne,

    What would the rate be for Ralph for the Golden Peotection life insurance for $30,000.00? He was 70 on Oct. 17,2008 and is a non smoker.

    Lois Peckham

  • Life Insurance
    October 21, 2008 at 1:57 pm

    Life insurance can be very stressful and often confusing. It’s good to know what’s available before making a decision. Shopping around is the best tactic to finding the right insurance for you.