Directors’ Biographies

…to 2014. Prior to his involvement in the insurance industry, Mr. Swedlove had a lengthy career in public service. In 2006 and 2007, Mr. Swedlove was President of the Financial…

Universal Life

…Protection: $340,000 ($400,000 x 85%) Explanation Since the liquidator’s recovery is greater than Assuris’ protection, you will retain $360,000. Example $250,000 Death Benefit $250,000 Accidental Death Benefit Assuris’ Protection on…

Whole Life

…$50,000 Original Cash Value Benefit Amount $20,000 Your Loan Net Death Benefit Amount: $380,000 ($400,000 – $20,000) Net Cash Value Benefit: $30,000 ($50,000 – $20,000) Step 2 – Apply Assuris’

Guarantees on Segregated Funds

is higher. Since the amount is less than $2,000 a month, the guaranteed income benefit is fully protected. Adjusted guaranteed withdrawal balance $417/month $5,000/year Questions and Answers 1. What happens…

Corporate Governance Guidelines

…Assuris for personal gain. The Board has adopted practices on investments in Members to ensure that directors and employees cannot use information obtained at Assuris for personal gain. The Board…

Frequently Asked Questions

is split evenly between the joint owners. Each owner is protected up to a maximum of $100,000. 5. If my client has a joint accumulation annuity and an individual annuity,…

Group Disability Income

Income $3,000/month Original Benefit Amount In calculating your Assuris protection, you will retain up to $2,000 or 85% of your monthly income benefit, whichever is higher. Since the amount is

List of Assuris Members

Insurance Company Canassurance Hospital Service Association Canassurance Insurance Company La Capitale Civil Service Insurer Inc. La Capitale Financial Security Insurance Company Chubb Life Insurance Company of Canada CIBC Life Insurance…

Accumulation Annuity

…guarantee of $100,000. Original Benefit Amount Accumulated Value $120,000 Recovery Liquidator Recovery: $108,000 ($120,000 x 90%) Assuris Protection: Up to $100,000 Explanation Since the liquidator’s recovery is greater than Assuris’