Donors

Increase your donation with life insurance

By purchasing life insurance with J’assure ma cause, you maximize your impact on the mission of a charity dear to your heart. Rather than making a one time donation at a fundraising event, opt for our simple, secure and effective solution.

A life insurance donation means more money to support your cause!

J’assure ma cause is in its launch phase!

Benefits

Your benefits as a J’assure ma cause donor

  • Quick and simple process WITHOUT MEDICAL EXAM
  • Choice of monthly premium, annual premium or lump sum donation
  • Contract terms from 1 to 10 years
  • Tax credits for your premiums paid
  • Automatic $125 donation upon your approval as a donor
  • Multiplier effect of your donation
  • Concrete financial support for your cause
  • Direct impact on community services
  • Intentional mark left after your death

Quick and
simple process,
without medical exam

Eligibility

Do I qualify as a donor?

To obtain life insurance with J’assure ma cause, you must meet the following criteria:

  • Be between 18 and 80 years of age
  • Complete our eligibility questionnaire
  • Establish a budget
  • Sign a contract for a period of 1 to 10 years
  • Choose an organization from our list of registered charity partners
  • Pay the premiums (or lump sum) provided for in the contract

Use the donation calculator below to see the direct effect of the amount invested in your life insurance, keeping in mind that the calculator is for no medical products only.

The calculator allows you to make two calculations.

1

Calculate the premium to be paid according to the payment method chosen for a given sum insured.

2

Calculate the amount of insurance you would be entitled to based on your budget.

Donation calculator

* Required fields


Are you in good health and want to provide proof of insurability? We have other insurance products that may be right for you. For more information, contact a J’assure ma cause advisor by filling out the form with your contact information.

Two amounts appear in the calculations. These correspond to our two non medical products, Gold and Platinum. Your answers to the eligibility questionnaire will determine the product and premium.

Your tax credit

Like a direct donation, a life insurance donation entitles you to tax credit (one federal and one provincial) each year you pay the premiums on your insurance policy.

Depending on your situation, tax credits can range from 35% to 53% of the amount paid out.

* Based on the rates in Quebec and Canada in 2023

Visit these pages for complete details.
How do I calculate my charitable tax credits (Canada)
Tax credits for donations and gifts (Québec)

Tax credit estimator

* Based on the rates in Quebec and Canada in 2024

Use this tool to estimate the tax credits you could be entitled to,
based on the amount of your donation and your taxable income.

* Required fields

Your donation process

Fill out the application form

Sign the insurance contract and pay the premium

Schedule a meeting with an advisor to complete the insurance proposal

Following your death, the beneficiary registered charity will receive the insurance benefit

You are now part of the new way to donate!

I prefer to be assisted by a J’assure ma cause advisor

The multiplier effect
of life insurance donations

When you choose to donate life insurance, the organization you support obtains more money without you having to spend more. This multiplier effect is the most significant advantage of this way of donating for you and the beneficiary organization.

Your impact is greater, and the organization’s resources are increased.
To see the difference between making a direct donation to an organization and purchasing a life insurance with the organization as beneficiary, look at the following three concrete examples.

Julie’s mother died of Alzheimer’s disease. To support the XYZ Foundation, Julie took out a life insurance policy, naming it as beneficiary.

Profile: 40 years old, non-smoker and in good health
Budget: $45/month for ten years

J’assure ma cause’s donation upon approval of the insurance contract$125
Life insurance policy amount$10,000
Annual premium based on her health status (for a no medical product)$540
Total premiums paid over ten years$5,400

Regardless of Julie’s age and the premiums paid upon her death, the XYZ Foundation will receive a $10,000 donation.

ScenarioPremiums paid at the time of deathBenefits paid to
XYZ Foundation
Financial benefits of a life insurance donation for the charity (compared to a direct donation)
Death at 42$1,080 (2 years)$10,000$8,920 more ($10,000 – $1,080)
Death at 70$5,400$10,000$4,600 more ($10,000 – $5,400)

Engineer by trade, Philip is an avid cyclist. For his 50th birthday, he decided to donate to the ABC organization by naming it as the beneficiary of his new life insurance policy.

Profile: 50 years old, non-smoker and in good health
Budget: $26,000

J’assure ma cause’s donation upon approval of the insurance contract$125
Life insurance policy amount$40,000
Lump sum donation (one time) for a no-medical product$26,000

With a lump sum donation, the total amount ($26,000) is placed in a premium deposit account: the annual life insurance policy premiums ($2,600/year for ten years) are paid automatically from this account. If any money is left in the account when the donor dies, the amount is added to the death benefit and paid to the organization.

ScenarioPremiums paid at the time of deathAmount left in the premium deposit accountBenefits paid to ABC organizationFinancial benefits of a life insurance donation for the charity (compared to a direct donation)
Death at 53$7,800 (3 years)$18,200 ($26,000 – $7,800)$58,200 ($40,000 + $18,200)$50,400 more ($58,200 – $7,800)
Death at 65$26,000$0$40,000$14,000 more ($40,000 – $26,000)

Since her diagnosis six years ago, Helen has been supported by the LMN Foundation. She now wishes to pay it forward by naming the Foundation as the beneficiary of her life insurance policy.

Profile: 60 years old, non smoker with multiple sclerosis
Goal: $25,000 life insurance policy with ten year payments

J’assure ma cause’s donation upon approval of the insurance contract$125
Life insurance policy amount$25,000
Annual premium based on her health status (for a no medical product)$2,350
Total premiums paid over ten years$23,500

Regardless of Helen’s age and the premiums paid upon her death, the LMN Foundation will receive a $25,000 donation.

ScenarioPremiums paid at the time of deathBenefits paid to LMN FoundationFinancial benefits of a life insurance donation for the charity (compared to a direct donation)
Death at 66$14,100 (6 years)$25,000$10,900 more ($25,000 – $14,100)
Death at 71$23,500$25,000$1,150 more ($25,000 – $23,500)

Together,
let’s ensure funding for the organizations we care about!

The whole community will benefit from it.

FAQ

  • Having the possibility to purchase life insurance with or without a medical exam with the registered charity of your choice as the beneficiary using a quick and simple process.
  • Ensuring your organization will immediately benefit from a $125 donation from J’assure ma cause following your registration.
  • Making a more significant donation using life insurance.
  • Benefiting from significant tax advantages while supporting a cause dear to your heart.
  • Helping your favourite organization reach its long term goals.
  • Ensuring the sustainability of a cause dear to your heart.
  • Giving back to the community by making a lasting gesture and making a significant difference in the long term.
  • Committing for up to 10 years.

No, J’assure ma cause’s plans, Gold and Platinum, are non-medical life insurance products. You must meet the eligibility requirements to subscribe.

However, we can offer you another life insurance product requiring medical proof, which could lower your premium or give you more life insurance benefits. Please contact us by clicking here.

Yes. You can fill out the form by checking the box to provide evidence of insurability OR by contacting us directly by email or phone. We’ll be happy to advise you!

donors@jassuremacause.ca
1-833-488-3003

Yes.

Yes.

Yes, you can. This is a great way to make a lump sum donation if you have excess funds. You will receive a tax receipt for the amount of your donation.

In the event of death within the ten year contract, your organization will inherit the difference between the overpayment and the premiums that should have been paid annually since the premium is calculated over ten years. See example 2.

We have a dedicated major donor team created specifically to meet your needs.

Please contact us at 1-833-488-3003 or chantale@jassuremacause.ca.

Yes. You will receive a tax receipt each year if the premium is paid monthly or annually. If you have made a lump sum donation, you will only receive a tax receipt for the year you made your donation.

  • If you can no longer pay your insurance premium, a cash surrender value will be available after the 3rd year. This means that the organization will not lose everything. **Assumption Life’s products**
  • The organization will also have the option of continuing to pay your premiums. This way, they can keep your entire life insurance benefit.
  • Depending on the number of years the policy has been in force, you can stay insured for a lower death benefit than the original coverage amount without having to pay an additional premium. The reduced amount of paid up insurance must be confirmed by the insurer at the time the premiums cease to be paid. **Assumption Life’s products**

Click here to let us know about the organization of your choice. We’ll take care of inviting your organization to join our program. We will get back to you after.

Registered charities are generally responsible for appointing an organization with a similar mission in the event of dissolution.

Yes.