When it came time to select an insurance partner to provide the insurance protection backing 20/20 By Besurance our choice was an easy one. We were looking for a well-established and financially strong company that had a reputation of commitment to its clients and a desire to fuel growth through innovation. We chose Assumption Life, founded in 1903, which is one of the oldest life insurance companies in Canada. Assumption Life is well-capitalized, with a solvency ratio that reached 242% in 2015, well above the minimum 150% standard set by the Office of the Superintendent of Financial Institutions Canada (OSFI). A.M. Best, one of the oldest independent rating agencies specializing in the evaluation of the financial health and creditworthiness of insurance and reinsurance companies worldwide, recently awarded Assumption Life an A- (excellent) rating for the 16th consecutive year. Equally important, Assumption Life has a reputation of putting its clients first.
When you buy a 20/20 by Besurance product you are buying an insurance policy issued by Assumption Life. With Assumption Life as your insurer you will never have to worry about whether you are fully protected or whether your claim will be paid.