Examples of Universal Life Insurance Protection

Example 1

Benefit	Original Policy when Company Fails	Explanation	Assuris Protection when Company Fails
Death Benefit	$100,000	Since the amount is below $200,000, the Death Benefit is fully protected.	$100,000
Savings in the Investment Account	$20,000	Since the amount is below $60,000, the savings in the investment account is fully protected.	$20,000

Example 2

Benefit	Original Policy when Company Fails	Explanation	Assuris Protection when Company Fails
Death Benefit	$500,000	Since the amount is higher than $200,000, the 85% protection is applied to the Death Benefit. ($500,000 x 85% = $425,000)	$425,000
Savings in the Investment Account	$20,000	Since the amount is below $60,000, the savings in the investment account is fully protected.	$20,000

Example 3

Benefit	Original Policy when Company Fails	Explanation	Assuris Protection when Company Fails
Death Benefit	$500,000	Since the amount is higher than $200,000, the 85% protection is applied to the Death Benefit. ($500,000 x 85% = $425,000)	$425,000
Savings in the Investment Account	$100,000	Since the amount is higher than $60,000, the 85% protection is applied to the savings in the investment account. ($100,000 x 85% = $85,000)	$85,000

If the liquidator, appointed to manage the failure, achieves a greater return on the policy than the Assuris protection, your benefits will be adjusted, as of the date of failure, to the greater of either:

• The Assuris protection or;
• The amount recovered by the liquidator.