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- Assuris abstract "Assuris is a non-profit organization under Canadian Federal regulation to protect policyholders in the event that a life insurer should become insolvent. It is designed to allow a block of policies to be transferred to a solvent company, where the policies will continue to be honoured (similar to the Federal Deposit Insurance Corporation in the USA). Per the Office of the Superintendent of Financial Institutions: "Assuris' mission is to mitigate the impact on Canadian policyholders of the financial failure of a life insurance company." Every life insurer that is authorized to sell policies in Canada is required by the various provincial, territorial and federal regulators to become a member of Assuris. Assuris was founded in 1990 as CompCorp, changing their name to Assuris in 2005.Policies are protected as follows:monthly income, health expense, death benefits and cash values policyholders receive at least 85% of their promised benefits.100% protection is provided by Assuris for amounts below the following cash values:Monthly income policies up to $2000, health expenses policies up to $60 000, death benefits on policies up to $200 000 and cash values up to $60 000 The last insurer to have its policies guaranteed by Assuris was Union of Canada Life.".
- Assuris wikiPageExternalLink welcome_en.html?ReadForm.
- Assuris wikiPageExternalLink www.compcorp.ca.
- Assuris wikiPageID "32014836".
- Assuris wikiPageRevisionID "643408232".
- Assuris hasPhotoCollection Assuris.
- Assuris subject Category:Canadian_federal_departments_and_agencies.
- Assuris type Abstraction100002137.
- Assuris type AdministrativeUnit108077292.
- Assuris type CanadianFederalDepartmentsAndAgencies.
- Assuris type Department108114861.
- Assuris type Division108220714.
- Assuris type FederalDepartment108122141.
- Assuris type GovernmentDepartment108119821.
- Assuris type Group100031264.
- Assuris type Organization108008335.
- Assuris type SocialGroup107950920.
- Assuris type Unit108189659.
- Assuris type YagoLegalActor.
- Assuris type YagoLegalActorGeo.
- Assuris type YagoPermanentlyLocatedEntity.
- Assuris comment "Assuris is a non-profit organization under Canadian Federal regulation to protect policyholders in the event that a life insurer should become insolvent. It is designed to allow a block of policies to be transferred to a solvent company, where the policies will continue to be honoured (similar to the Federal Deposit Insurance Corporation in the USA).".
- Assuris label "Assuris".
- Assuris sameAs m.0gx09zf.
- Assuris sameAs Q4810416.
- Assuris sameAs Q4810416.
- Assuris sameAs Assuris.
- Assuris wasDerivedFrom Assuris?oldid=643408232.
- Assuris isPrimaryTopicOf Assuris.