Assuris is an independent not for profit, industry-funded compensation organization founded in 1990. Our mission is to protect policyholders if their life insurance company fails.
Every life insurance company in Canada is required by the federal, provincial and territorial regulators, to become a member of Assuris. Click here for a complete list of member companies.
Assuris is designated by the federal Minister of Finance under the Insurance Companies Act of Canada. Assuris is recognized by the Autorité des marchés financiers (AMF) as the compensation body whose members are Quebec-chartered life insurers.
Canadian financial services consumers can feel secure in knowing that Canada has a strong well-regulated financial services sector, and that in the unlikely event that a Canadian financial institution fails, consumers are protected by a variety of compensation plans. The collective strength of the protections offered to Canadian financial services consumers provides all Canadians with added confidence and peace of mind when planning a future for themselves and their loved ones.
Learn about what our financial consumer protection partners do to protect you