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
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
Note: At the time of a member failure, this website will be updated with specific information about the application of Assuris protection to that companies’ products.
Assuris’ protection is applied to the covered person under each policy.
For more details on Assuris’ protection by benefit, click here.
For details on Assuris’ protection by product, click here.