Assuris

Assuris is a nonprofit organization under Canadian federal regulation to protect policyholders of life insurance instruments if a life insurance company becomes insolvent. It is designed to allow a block of policies to be transferred to a solvent company in which the policies will continue to be honoured (similar to the Canada Deposit Insurance Corporation for deposit accounts). The Office of the Superintendent of Financial Institutions states, "Assuris' mission is to mitigate the impact on Cana

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Assuris is a nonprofit organization under Canadian federal regulation to protect policyholders of life insurance instruments if a life insurance company becomes insolvent. It is designed to allow a block of policies to be transferred to a solvent company in which the policies will continue to be honoured (similar to the Canada Deposit Insurance Corporation for deposit accounts). The Office of the Superintendent of Financial Institutions states, "Assuris' mission is to mitigate the impact on Cana

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