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*.
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
- Investors, entrepreneurs and self-employed
- Landed immigrants