Assuris

Examples of Accumulation Annuity Insurance Protection


Example 1

Benefit

Original Policy
when Company Fails

Explanation

Assuris Protection
when Company Fails

    Accumulated Value
$80,000
    Since the amount is below $100,000, the Accumulated Value Benefit is fully protected.
$80,000

Example 2

Benefit

Original Policy
when Company Fails

Explanation

Assuris Protection
when Company Fails

    Accumulated Value
$150,000
    Since the amount is higher than $100,000, the Accumulated Value Benefit is protected up to $100,000.
$100,000
If the liquidator, appointed to manage the company failure, achieves a greater return on the policy than the Assuris protection, your benefits will be adjusted to the greater of either:
  • The Assuris protection or;
  • The amount recovered by the liquidator.