Guaranteed Acceptance with No Health Questions
Flexible Coverage
Canadian residents(1) aged 18 to 75 can get up to $50,000 in coverage, and those aged 76 to 80 can get up to $25,000.
No Medical Exams, No Health Questions
Your health won’t affect your eligibility or your rates. The simple, paperless application takes just minutes — no exams, no nurse visits, no doctor’s reports.
Fast and Easy Claims Process
We’re here when it matters most. Your loved ones can receive the benefit payout within 72 hours(2) of submitting a claim.
Rates that Never Increase
Once approved, your rate is locked in — no surprises, ever.
Applying Is Easy and Done in Minutes
- Guaranteed acceptance
- No medical exams or restrictive questions
- Quick and simple claims process
- Premiums will never increase
- Tax-free benefit paid directly to your beneficiaries
Why Choose Final Expense Insurance
The loss of a loved one is often one of the most challenging experiences we encounter. The emotional distress that accompanies their passing can be made more difficult if there are no funeral plans in place.
At such a difficult time, organizing a funeral may become an overwhelming task, compounded by the potential stress of high associated costs. And all this happens at a time when the family wants to support each other through their grief.
With EverAssist™ Funeral Concierge + Final Expense Insurance, you’re not just buying a final expense insurance policy — you’re giving your family both financial flexibility and practical guidance with a dedicated personal funeral advisor available on the phone day or night, any day of the year.
This could significantly ease your loved ones burden during a challenging time, especially when emotions are raw and decisions are urgent. And as claims can be paid within 72 hours(2) it can help relieve the immediate financial stress too.
Assumption Life is a Canadian insurance provider based in Moncton, New Brunswick with over $2.3 billion in assets.
Over 120 Years of Commitment and Excellence
- Since 1903, Assumption Life has been founded on strong mutualist principles, with our clients and communities at the very core of all we do.
- Proudly rooted in Atlantic Canada, we have built a legacy of trust, serving Canadian families for more than 120 years.
- Today, our company is now one of the leading mutual life insurance and financial services providers in the country.
- Recognized for the quality of our products, the strength of our performance, and our personalized service, Assumption Life serves thousands of clients across the country.
The Advantages of Choosing Our Final Expenses Insurance
Straightforward coverage you can rely on
Funeral Expenses
The tax-free benefit is paid directly to your beneficiaries, so your loved ones can use the funds to cover funeral costs, unpaid bills, and other final expense.
Lifetime Coverage
Fixed Rates
Acceptance Guaranteed
No Medical Exams, No Hassle
Coverage for All Causes of Death
Final Expense Insurance covers you for accidental death from day one and for all causes of death after 24 months. If death occurs within the first two years from a non-accidental cause, premiums paid plus 3% are refunded. Death from suicide is not covered in the first two years and in this case the policy will refund the premiums paid.
Transportation Benefit Included
If you die more than 200 km from your primary residence, an additional amount of up to $2,000 will be payable to cover the expense of transporting your remains back to your primary residential area. This benefit is only payable after the 2nd year anniversary of the policy.
Lifetime Coverage
Single or Multi-life Coverage
Quick, Simple Claims Process
Your loved ones will get their benefit payouts quickly, because of a straightforward and simple claims process. They will have money on hand to cover funeral costs, unpaid bills, and other final expenses. This could be in as little as three working days.
No More Premiums After Age 100
Early Cash-out Options Available
Coverage That Fits Your Needs – and Your Budget
With our Final Expense Insurance, you can choose a coverage amount that suits your needs, from $5,000 to $50,000 if you’re between the ages of 18 and 75, or up to $25,000 if you’re between 76 and 80.
For $10,000 of coverage for a 50-year-old non-smoking female, the premium would be just $34.20 per month, which is $1.14 per day.
Final Expense Insurance FAQs
What is EverAssist?
EverAssist is the only plan that can offer you and your family total peace of mind when you pass.
We’ll help you plan your funeral arrangements in advance and help your family settle your affairs to make the process smoother. You are also protected by Guaranteed Issue Insurance for up to $50,000 to cover funeral expenses and other costs.
And we’ll ensure that your family will be in the best possible place: we’ll help with all the funeral and celebration of life arrangements – and your family can receive the life insurance payout in as little as 72 hours(2).
Who is Assumption Life?
Proudly rooted in Atlantic Canada since 1903, Assumption has built a legacy of trust, serving Canadian families for more than 120 years.
Today, Assumption is one of the leading mutual life insurance and financial services providers in the country. Recognized for the quality of products, strength of performance, and personalized service, Assumption Life serves thousands of clients across the country.
Why do I need Final Expense Insurance?
What is guaranteed issue final expense insurance?
How do funeral expense insurance and a pre-paid funeral plan differ?
They are distinctly different.
A pre-paid funeral plan is a way of organizing and paying for your funeral in advance, in line with your wishes, typically through a specific funeral home.
Instead, a final expense life insurance policy guarantees that your beneficiaries will receive a lump-sum payment (called a death benefit) when you die.
This money can be used to cover funeral costs or other expenses. It is more flexible — you’re not locked into a specific funeral home — and any funds remaining can be used to support your family in other ways.
Who qualifies for Guaranteed Issue Final Expense?
How much insurance can I get with EverAssist Funeral Concierge + Final Expense Insurance?
What affects the premiums for EverAssist Funeral Concierge + Final Expense Insurance?
Once the policy is in force, will the costs increase?
How long does the coverage last?
Does EverAssist Funeral Concierge + Final Expense Insurance offer a cash surrender value?
Your policy includes a savings component called cash value, which starts growing after the 5th policy anniversary as long as you pay your premiums. This cash value builds up inside your policy over time and can be accessed as cash if you choose to surrender (cancel) the policy—this amount is called the cash surrender value. Keep in mind, using your cash value or surrendering your policy will affect the amount your beneficiaries receive.
Why do we offer personalized quotes over the phone?
Speaking with a licensed insurance advisor ensures you feel confident that your coverage truly meets your needs. You’ll be quoted the premium you’ll pay for the lifetime of the policy, so you’ll always know exactly what you’re going to be paying. Our licensed advisors will take the time to learn about your requirements and budget, and they will recommend the best coverage for you.
Rest assured, there’ll be no pressure to buy.
Get a Free Info Brochure
If you’d like, we can email you a FREE information brochure with all the details about
EverAssist™ Funeral Concierge + Final Expense Insurance
(2) As soon as all claim documentation has been received, the proceeds from your Final Expense Insurance may be paid to your beneficiary in as little as 72 hours after death.