ParPlus

ParPlus, a participating whole life insurance, pays out dividends that can help increase your income or reduce your insurance costs. You can also accumulate, for a larger payout!

ParPlus guarantees a basic amount upon death, a cash surrender value and premiums that will never increase -- making it possible to benefit from an extra source of income or increase the amount of insurance protection, depending on the dividend option chosen.

Product details:

For individuals aged:
- 18 to 70 if payable for 20 years
- 18 to 75 if payable for life
Coverage ranging from $5,000 to $4,000,000
Underwritten Product*
Premium Payment Option: Life Pay and 20-Year Pay
Additional rider options available, including:
- Disability Income
- Critical Illness
- Child Insurance Benefit
- And more!
Ability to vote at Assumption Life's annual general meetings

*Accelerated underwriting may be available.   

Learn more about dividends in the Client Corner section of our website.

ParPlus

Calculators