Assumption Life Insurance Quote in Quebec
5.0 · 268 Google reviewsAdvisors certified by the AMFAn independent firm in Mascouche
Assumption Life is a French-speaking mutual insurer offering competitive products. Compare with more than 20 companies.
- Well-established French-speaking mutual
- More than 120 years of experience
- Strong community commitment
- Competitive rates thanks to the mutual model
About Assumption Life
Assumption Mutual Life Insurance Company is a mutual insurer founded in 1903 in Moncton, New Brunswick. Focused on the French-speaking community, Assumption Life offers accessible life and health insurance products everywhere in Quebec.
Assumption Life is the first life insurance company in Canada to earn B Corp certification (since 2017), a demonstration of its social and environmental commitment. Founded by Acadians in 1903, it is enjoying remarkable growth, with net income up 48% in 2024. It offers its services in French across Canada.
Specialties
Products offered by Assumption Life
- 10-, 20- and 30-year term life insurance
- Permanent life insurance
- Short- and long-term disability insurance
- Critical illness insurance
- Investment and retirement products
- Managed funds (Fidelity, CI, Louisbourg)
Why consider Assumption Life?
Well-established French-speaking mutual
More than 120 years of experience
Strong community commitment
Competitive rates thanks to the mutual model
First B Corp certified insurance company in Canada
Remarkable growth (net income up 48% in 2024)
Why compare Assumption Life with other insurers?
Even though Assumption Life offers excellent products, rates and coverage vary considerably from one insurer to the next. An independent advisor certified by the AMF can compare Assumption Life with more than 20 other companies to make sure you get the best coverage at the best rate.
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Where Assumption Life is the cheapest in our survey
In our survey of October 30, 2026 among the insurers we compare, Assumption Life offers the lowest monthly premium in 46 of 606 combinations (about 8%), for a non-smoker in Quebec. Here they are, by product.
Permanent life insurance (premiums payable for life)
- Woman, age 25, $50,000$24.76
- Woman, age 25, $100,000$40.74
- Woman, age 25, $250,000$91.04
- Woman, age 30, $50,000$29.68
- Woman, age 30, $100,000$50.29
- Woman, age 30, $250,000$114.92
- Woman, age 35, $25,000$20.78
- Woman, age 35, $50,000$34.36
- Woman, age 35, $100,000$59.92
- Woman, age 35, $250,000$139.00
- Woman, age 40, $25,000$24.74
- Woman, age 40, $50,000$42.29
- and 18 more combinations
Permanent life insurance, age 50 and over
- Man, age 80, $100,000$839.34
20-year term life insurance, no medical exam (simplified issue)
- Woman, age 25, $50,000$8.78
- Woman, age 35, $50,000$10.26
- Woman, age 45, $50,000$13.50
- Woman, age 65, $50,000$80.87
- Woman, age 65, $100,000$156.33
- Woman, age 65, $500,000$760.05
- Man, age 25, $50,000$9.90
- Man, age 35, $50,000$10.80
- Man, age 45, $50,000$16.52
- Man, age 65, $50,000$118.98
- Man, age 65, $100,000$232.56
- Man, age 65, $500,000$1,141.20
Permanent life insurance, no medical exam (simplified issue)
- Man, age 65, $250,000$986.85
- Man, age 65, $500,000$1,968.30
Guaranteed issue permanent life insurance (no health questions)
- Man, age 75, $50,000$887.99
Lowest monthly premium among the insurers surveyed through WinQuote, standard class or simplified issue depending on the product. For guidance only: your rate depends on your profile. Get your actual rate.
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The team behind the service
A small team that serves clients everywhere in Quebec. The person who calls you back works here.
Services financiers Finox inc.: an independent firm
A Quebec financial services firm registered with the Autorité des marchés financiers, based in Mascouche, independent from the insurers. 268 Google reviews, rated 5.0. Your information is used only to prepare your quotes; one person from our team calls you back.
Dany MichaudPartnerAMF no. 243405
Evan Juteau LapierrePartner and senior brokerAMF no. 260856
Étienne LejeuneSenior brokerAMF no. 250008
Alexandre ClémentAssociate advisorAMF no. 250201
Mathis Aubin SavardAdvisorAMF no. 277477
Cédric SénéchalDirector of strategic development and marketing
Kim CôtéProperty and casualty insurance
Zavier BinetteIntern
Émie BélangerAdvisor assistant
Jessica Archambault-LeonaSocial media manager
Questions about Assumption Life
Yes, Assumption Life offers its products everywhere in Quebec through a network of advisors. As a French-speaking mutual, it provides quality service in French.
A mutual belongs to its members (the policyholders) rather than to shareholders. That means profits are reinvested for the benefit of members, often in the form of better rates.
Fill out our form in 2 minutes. A certified advisor will compare Assumption Life’s products with those of more than 20 other companies.
B Corp certification confirms that Assumption Life meets high standards of social and environmental performance. Your premiums support a company that puts a positive impact on the community first.
Yes, Assumption Life offers its insurance and investment products across Canada, including Quebec. The company is known for its services in French.
Yes, Assumption Life offers investment and retirement products, including managed funds in partnership with Fidelity Investments, CI Investments and Louisbourg Investments.
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