Getting life insurance often means undergoing a medical exam, which can be invasive and subject you to higher rates if you have a health issue. Assumption Life, a mutual insurer, has become a leader in offering life insurance without a medical exam. Nearly all life insurance offered under Assumption Life is available without an exam, putting the power of getting insured back in your hands.

Assumption Life offers the following insurance plans:

Term Life Insurance
Permanent Life Insurance
Participating Whole Life

Overview

Insurance Options:

Flex Term:

Eligible ages

18 - 75

Amount of Coverage

$100,000 to $10,000,000

Duration of coverage

Term Options: 10, 15, 20, 25, 30, 35 years

Platinum Protection Term:

Eligible ages

18 - 75

Amount of Coverage

$750,000 (ages 18 to 50), $500,000 (ages 51 to 75)

Duration of coverage

10 & 20 year terms

Golden Protection Term:

Eligible ages

18 - 75

Amount of Coverage

$250,000

Duration of coverage

20 years

Additional benefits

Flex Term:

Fixed premiums for selected term

Individual or joint policy option

Auto-renewable up to age 90

Convertible until age 75

Platinum Protection Term:

No medical exams or tests needed

Fixed premiums & death benefit

Individual or joint first-to-die option

Golden Protection Term:

No medical exams or tests needed

Fixed premiums & death benefit

Individual or joint first-to-die option

Renewable up to age 90

Overview

Insurance Options:

Non-Participating Whole Life:

Eligible ages

18 - 80

Amount of Coverage

$10,000 (ages 18 to 75),
$5,000 (ages 76 to 80)

Duration of coverage

Lifetime Coverage

Additional benefits

Premium options:

life pay or 20-year pay

Individual or joint coverage

Cash value after 5 years

Benefits:

Extreme disability, transportation, accidental death, accidental fracture plus, child insurance, critical illness rider, disability income, waiver of premiums.

Overview

Insurance Options:

ParPlus:

Eligible ages

18 to 70 if payable for 20 years

Amount of Coverage

$5,000 to $4,000,000

Duration of coverage

Premium Payment Option: Life Pay and 20-Year Pay

ParPlus Junior - participating whole life insurance for children:

Eligible ages

15 days—17 years

Amount of Coverage

$5,000 to $4,000,000

Duration of coverage

20 year pay

Platinum Protection:

Eligible ages

18-85

Amount of Coverage

$750,000 (ages 18 to 50),
$500,000 (ages 51 to 75),
$250,000 (ages 76 to 85)

Duration of coverage

Lifetime Coverage

Golden Protection:

Eligible ages

18-85

Amount of Coverage

$250,000 (ages 18 to 75),
$100,000 (ages 76 to 85)

Duration of coverage

Lifetime Coverage

Silver Protection:

Eligible ages

18-85

Amount of Coverage

$50,000 (ages 18 to 75),
$25,000 (ages 76 to 85)

Duration of coverage

Lifetime Coverage

Bronze Protection:

Eligible ages

18-80

Amount of Coverage

$50,000 (ages 18 to 75),
$25,000 (ages 76 to 80)

Duration of coverage

Lifetime Coverage

Additional benefits

ParPlus:

Additional riders: disability income, critical illness, child insurance, and more. Plus, voting rights at Assumption Life’s annual meetings.

ParPlus Junior -participating whole life insurance for children:

* This product contains certain limitations and exclusions.

Platinum Protection:

No medical exams

Fixed premiums

Cash value after 5 years

Included extreme disability and transportation benefits

Accidental death, accidental fracture plus

Child insurance benefit

Individual or joint coverage options

Golden Protection:

No medical exams

Fixed premiums

Cash value after 5 years

Transportation benefit

Options for individual or joint coverage

Accidental fracture plus

Silver Protection:

No medical exams

Fixed premiums

Deferred coverage

Cash value after 5 years

Bronze Protection:

No medical exams or questions

Guaranteed issue plan

Guaranteed acceptance

Made for applicants with previous health issues