- Adiitional important hidden element
Assuris is funded by member life and health insurance companies to meet our resolution and administrative funding needs.
Our funding includes the Assuris assessment system plus the liquidity fund we hold to meet immediate needs in resolution. It is a combination of the funds we collect from the industry and the funds that we already hold on hand.
Funding = Assessment System + Liquidity Fund
The assessment system is designed to meet both our resolution and administrative funding needs.
Member companies have a contractual obligation to pay for policyholder protection under their membership agreement and regulators are committed to help enforce our assessments under the participation agreements.
