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
The life insurance industry does not typically provide investment performance guarantees on group products. Assuris protection does not apply to guarantees on group segregated fund policies.