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Jan 2, 2024
Enhanced Safeguards: Canadian Insurers Bolster Assuris Protection
What happens if the insurance company providing your life insurance or annuity goes bankrupt? Will you lose your benefits or monthly annuity payments?
This isn't something you have to worry about because you're protected by Assuris, a non-profit organization that safeguards Canadian policyholders if your life and health insurance company goes bankrupt. You won't lose your full benefits or annuity payments if your insurer goes under.
In fact, in May of this year, Assuris announced that...