Group Segregated Funds
The Product
Group Segregated Funds are pools of assets in which group plan sponsors and plan participants invest. The assets of these funds and their value to investors are not impacted if your group life insurance company fails. Generally, there are no guarantees to individuals with respect to accumulated values at maturity or death.
Assuris' Protection
Since the failure of the company does not reduce the value of the fund, Assuris protection is not needed.