How does Group Life assurance relate to pension management? How does Group Life assurance relate to pension management?

It doesn't. Group Life insurance just provides 1 to 2 year worth of income protection in case you die. If you decide to leave the company, you will no longer have life insurance and will have to get your own. It is better that you get your own to get more coverage.

What is location of State Mutual Life Assurance Company? What is location of State Mutual Life Assurance Company?

Couldn't find any modern references to this company past the 1970's. They probably went broke or merged with another company.

One rather interesting reference I did find was that this is the company that invented the Smiley Face! Check out the info on this web site...

The Mutual Assurance and Life Company is offering an insurance policy under either of the following two terms:

A. Make a series of 12 payments of $1,200 at the beginning of each of the next 12 years (the first payment being made today)

B. Make a single lump-sum payment today of $10,000 and receive coverage for the next 12 years

If you had investment opportunities offering an 8 percent annual return, which alternative would you prefer?

Assuming the alternative rate of return is 8%, the 12 payments of 1200, once per year, beginning now, are equal in value to one payment now of $9,766.76. The formula in Microsoft Excel is =PV(8%,12,1200,0,1).

Extremely important, please read, verify your insurances with Canada-life and do reply.
Do you have the Canadian Tire term insurance with Canada-life (Canada-vie) ?
Did you know that Canada-Life will double the premiums at the age of 64 and at the age of 65 years old, they will automatically cancel your insurance ?
But on their site, they say you are covered until 70 years old.

Please check your insurances and do reply.
Thanks
MC

This is not a problem with Canada Life, this is a Canadian Tire issue.

Canadian Tire goes to an insurer and says we want to sell life insurance, so Canada Life gives them a product that they can sell that is profitable for Canadian Tire (make no mistake, Canadian Tire is selling it to make money, not to help people).

All companies offering insurance on the side that aren't actual insurance companies (IE: MasterCard, VISA, Sears, insurance from the banks, etc) are all designed roughly in the same manor and they are not regulated so they can make whatever rules they want.

This is no different than any other 'group' or term insurance that you buy. It will increase in price and will eventually cancel.

NEVER buy insurance of any kind from someone that isn't a linscensed agent becuase chances are it is not the best on the market and the person is very uninformed about the actual product.

Discuss the view that life assurance is futuristic in nature? Discuss the view that life assurance is futuristic in nature?

No one can say correctly about longevity. It is always presumed that a person will live reasonably longer say 80 years or so on the basis of which life is assured