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Guaranteed Retirement Income for LifeTM

6 in 10 pre-retirees want guaranteed income for life – it’s the number one feature they want in a financial product.1

Class Plus 3.0 is a Guaranteed Withdrawal Benefit product. When your clients invest in Class Plus 3.0, they are guaranteed to receive a predictable monthly income that is guaranteed for as long as they live.2 It is always protected from market downturns and it will continue even if the value of their investment goes to zero.

Class Plus 3.0 is suitable for pre-retirees as well as retirees

Whether your clients are already retired or saving for retirement, Class Plus 3.0 offers a guaranteed retirement income solution:

  • Retirees will know exactly how much income they will receive, every year, for life.
  • Pre-retirees can invest today and accumulate wealth before they start to receive income.

Key Information:

  • 4% Annual Income Base Bonus for first 20 years of contract3
  • New LWA payout rates for each age,4 including a 4% LWA at age 65
  • Lower insurance fees and total cost5
  • Available in Fast & Full Investment App
  • Income starts as early as age 55
  • Retirement Income Privileges let clients stop and resume their income without penalty6
  • 75% Death and Maturity Benefit Guarantees7
  • Death Benefit Guarantee8 and Income Base reset automatically every 3 years to lock-in any market gains
  • Potential for higher growth with up to 80% equity exposure
  • Excess Withdrawal Alert service to safeguard clients’ guaranteed income
  • Purchase options of Front End, Low Load, No Load, DSC and Fee For Service

Marketing Materials for Advisors

Marketing Materials for Clients

Point of Sale Materials

 

1LIMRA Secure Retirement Institute Ready, Set, Retire? Not So Fast! … Revisited 2014. 2Making an Excess Withdrawal may decrease the guaranteed retirement income for life amount. 3 Income Base Bonus is a notional amount added to the Income Base at the end of each calendar year, for the first 20 years of the contract, if no withdrawals are made for that year. 4 Available from ages 55 to 80.  5 Compared to Empire Life Class Plus 2.1 6 Retirement Income Privileges not available in RRIF or LIF plans where you must take at least the minimum amount as prescribed by the Income Tax Act. 7 Adjusted proportionally for withdrawals. 8 Up to and including Annuitant’s 80th birthday.

A description of the key features of the individual variable insurance contract is contained in the Information Folder for the product being considered. Any amount that is allocated to a Segregated Fund is invested at the risk of the contract owner and may increase or decrease in value.