As a financial advisor, you are the main point of contact for your clients. If a member life and health insurance company fails, your clients will turn to you for details on how they are protected.
If a member company fails, Assuris steps in to make sure policyholders get the benefits they have been paying for, up to Assuris’ guaranteed protection levels. Assuris’ protection is applied separately to each policy.
The guaranteed levels of protection by product benefit are as follows:
Benefit
Death Benefit
Health Expense
Monthly Income
Investments / Savings:
Assuris Protection
$1,000,000
$250,000
$5,000/month
$100,000
or
90%,
whichever is higher
Benefit
Assuris Protection
Death Benefit
$1,000,000
Health Expense
$250,000
Monthly Income
$5,000/month
Investments / Savings:
$100,000
or
90%,
whichever is higher