Life Insurance
02 February, 2021
Follow Neil
Life Insurance

Life Insurance for a non-resident in Canada

In Canada it is difficult to get life insurance coverage if you are not a Canadian resident or Citizen. Assumption Life however has a solution, you may be eligible to get life insurance coverage up to $500,000*.

Available Products

Non-residents are eligible to apply for five of Assumptions products. FlexTerm, FlexOptions, ParPlus, Golden Protection and Total Protection. The products can serve to cover a variety of needs for individuals and their families.

Who Can Apply?

So you are ready to apply? Assumption has certain restrictions on who can apply but below is a list of categories that are available.

  • Convention refugees
  • Caregivers or nannies
  • Immigrants with a one-year full-time work visa
  • Open work visas
  • Students
  • Physicians
  • Investors, entrepreneurs and self-employed
  • Landed immigrants

Financial Advisor
Alliance Financial Group

Life Insurance and segregated fund products and services offered through professionals representing Alliance Financial Group in the provinces of Alberta and Ontario only.  Some advisors are dually licenced and may also offer mutual fund products and services through Wealthforce Inc., Mutual Fund Dealer, in the provinces of Alberta, Bristish Columbia and Ontario only.