Home Life Insurance Assumption Life Bronze Safety – What You Should Know

Assumption Life Bronze Safety – What You Should Know

Assumption Life Bronze Safety – What You Should Know


As Assumption Life enters the Assured Subject No Medical Life Insurance coverage market, we use this chance to debate their new product with Daniel Audet, Affiliate Vice President for Particular person Insurance coverage and Investments / Gross sales and Advertising and marketing.

Why did Assumption Life determine to get into the Assured Subject market?

Over the previous 12 months, Assumption Life has developed a aggressive and complete vary of Simplified Subject options, together with protection choices for shoppers who fall within the hard-to-insure class.  

The introduction of Bronze Safety was to fill a spot in our present providing, and supply advisors and shoppers with the most effective various when one other Simplified Subject protection is just not attainable. 

What’s the subject age and face quantity limits for this product? 

  • 18 to 80 years of age 
  • Protection ranges from $2,500 to $50,000 (Relying on the age of the applicant) 

How does Assured Subject examine to Simplified Subject insurance coverage and who’s the target market for the product?

Whereas we perceive the idea of assured subject is enticing, we consider any such product ought to be used as a final resort. Bronze Safety is good for shoppers with extreme well being issues or high-risk way of life who wouldn’t qualify for Simplified Subject options. 

How does the product examine with a few of Assumption Life’s rivals?

Assured subject merchandise are fairly comparable from provider to provider, however our efforts have been centered on offering a superb vary of options within the hard-to-insure and simplified subject market, with Bronze Safety being the ultimate piece to make our providing full.  

Bronze Safety options: 

  • 3% curiosity on return of premium if demise happens throughout the two-year deferral interval.  
  • Money Give up Worth and Decreased Paid Up choices obtainable after the fifth anniversary 
  • Constructed-in transportation and terminal sickness advantages included 
  • Unintended demise profit protection (deferral interval included) 

What different product enhancements have you ever just lately launched?

Now we have accomplished a whole redesign of our Simplified Subject suite. Our line up now covers a variety of people and conditions: 

  • For older people planning for remaining bills with everlasting protection, proper as much as age 85, and speedy protection with flagship Golden Safety (just lately redesigned), Golden Safety Elite, or with Platinum Safety. 
  • For youthful people in search of a better underwriting course of, for his or her non permanent (10- or 20-year time period) or everlasting wants, proper from age 18, and speedy protection with the Golden Safety Elite and Platinum Safety options.

Whereas we launched many modifications, our objective was to broaden and enhance our simplified subject providing to be extra inclusive, basically a one-stop-shop for shoppers needing a Simplified Subject answer.  

Now we have saved many options that make our providing distinctive, reminiscent of larger subject ages, all kinds of speedy choices and versatile cost choices.   

Over time, our Assumption Life Simplified Subject options have stood out not just for the standard of the merchandise, but additionally for its superior service and pace of execution. Which explains why advisors have rated our Simplified Subject Gross sales Course of 4.7 out of 5. 

Moreover, we’ve launched a variety of enhancements on our underwritten merchandise and its riders. 

In regards to the Creator

We thank Daniel Audet, Affiliate Vice President for Particular person Insurance coverage and Investments / Gross sales and Advertising and marketing from Assumption Life for his insights and perspective.



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