Three Non Medical Life Insurance Solutions From Assumption Life

Assumption Life has made a big splash in the no medical life insurance market. Simplified Issue life insurance is a policy which is geared towards individuals who are not in optimal health but have a need for life insurance. These policies are issued without a medical test and with limited proof of insurability. Most no medical issue life insurance 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.

Below is a description of the three plans with sample pricing:

Golden Protection
and Golden Protection Plus

Assumption Life
  1. Lifetime protection
  2. Fixed premium for life
  3. Insurance amount doubles in case of accidental death, and it triples in case of accidental death in a public transportation vehicle
  4. Issue ages: 40 to 85 years of age
  5. Face amounts: $1,000 to $50,000
  6. Limited insurability questions – no questions related build, high blood pressure, high cholesterol or diabetes other than Insulin shock
  7. Golden Protection Plus allows participants to increase their original coverage amount by 3% annually – until the initial sum insured doubles or the insured reaches age 100 on the coverage’s anniversary


  • 50 year old male non smoker – $10,000 Golden Protection – $29.36 a month
  • 50 year old male non smoker – $10,000 Golden Protection Plus – $35.35 a month

Total Protection

  1. Fixed premiums
  2. Lifetime protection
  3. Issue age from 18 to 80
  4. Protection ranging from $5,000 to $30,000 (and up to $50,000 with additional questions)
  5. Online application approved in 24 hours
  6. No waiting period for accidental death
  7. Premiums are reimbursed if death occurs within the first two years plus 3% interest
  8. Only three health questions – no question related to heart attack or heart failure
  9. Protection could double in case of accidental death before age 70


  • 50 year old male non smoker – $10,000 Golden Protection Plus -$54.08 a month

I am 76. Can I obtain insurance. I have had two bouts of cancer in my lifetime. However, I passed the recent cancer scan with flying colours.


I am a 53 non smoker, obese, diabetes without insulin, history of family heart disease.
What would a policy cost for $50,000 to $100,000 life insurance coverage? My wife has medical problems. Could we get a joint policy or 2 separate ones?


I am 58 years old, a smoker, had breast cancer 6 years ago. Treatment was radiation for 30 days and 5 years of Tamoxifen. I have no life insurance and would like your help with finding an affordable product for 50 to 100 thousand.



I am confused about the statement that these solutions pay out from day one because when looking through the description under Total Protection, it says premiums will be reimbursed in first two years. Is this also true for the Golden Protection and Golden Protection Plus plans? How can I sign up for either of these plans?