Canadian Life and Health Insurance Compensation Corporation / La Société canadienne d'indemnisation pour les assurances de personnes - Address, activities & membership
Address:
250 Yonge Street
suite 3110
Toronto, ON M5B 2L7
Canada
Telephone number:
416-359-2001
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Contact information in previous versions
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250 Yonge Street
suite 3110
Toronto, ON M5B 2L7
Canada
Telephone number:
416-359-2034
Fax number:
416-359-2034
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1600-1 Queen St. E.
Toronto, ON M5C 2X9
Canada
Telephone number:
416-359-2034
Fax number:
416-359-2034
Description of the organization's activities:
Canadian Life and Health Insurance Compensation Corporation (a.k.a. Assuris) is a not for profit corporation, funded by the life insurance industry, that protects Canadian policyholders against loss of benefits due to the financial failure of a member company.
Organization's membership or classes of membership:
Life insurance companies licensed to write life insurance in Canada are required to be members of Assuris by the regulators authorizing them to sell to the public. Members cannot terminate their membership so long as they are licensed to write business in Canada or have any in force business in Canada.