Member Companies Resources

Every life and health insurance company authorized to sell insurance in Canada is required, by the federal, provincial, and territorial regulators, to become a member of Assuris under the Insurance Companies Act of Canada. Fraternal benefit societies and prepaid medical services companies can opt to become a member of Assuris. Member companies cannot terminate their membership as long as they have active business in Canada.

As a member company of Assuris, you are encouraged to communicate to prospective and current policyholders the added security and safety net provided by Assuris. Benefits of being a Member of Assuris:

• Raises awareness of the safety net provided by Assuris in the unlikely event that a member life and health insurance company fails
• Promotes the strength of the Canadians life and health insurance industry
• Demonstrates the industry’s commitment to the financial wellbeing of all Canadians

As a member company, this page is your home for everything you need to know about Assuris governance.