Helios2 - 75/100 i

Protect your clients’ estates

Target clientele

Clients whose priority is estate preservation and who want to make sure their loved ones receive their inheritance quickly and easily.

When your clients have worked hard all their lives to build up an estate, they want to take advantage of all the available options to ensure they leave their loved ones as much as they can.

  • Inflation-adjusted Death Benefit – It’s the only one of its kind in Canada!

What does this guarantee offer?

75%100%i

At Contract maturity1


The Maturity Benefit2 is the greater of:

  • The market value of the Units attributed to the Contract
  • 75% of Deposits, less adjustments for withdrawals

On the Annuitant’s death3


On the Annuitant’s death, the Death Benefit4 is the greater of:

  • The market value of the Units attributed to the Contract
  • The Minimum Death Benefit Amount, which is equal to 100% of the value of each Deposit

Up to the Annuitant’s 75th birthday, the Minimum Death Benefit Amount is reset every year on the Contract Anniversary Date based on the greater of:

  • The current Minimum Death Benefit Amount
  • The market value of the Units attributed to the Contract, calculated at the next Valuation Date following the Contract Anniversary Date
  • The inflation-adjusted value

When the Death Benefit is paid out, the Contract is terminated.

Inflation-adjusted value5

  • Initially equal to 100% of the value of the Deposits paid into the Contract
  • Reset annually on the Contract Anniversary Date based on the consumer price index (CPI)6

Annual resets end when the Annuitant turns 75

1 The Contract matures when the Annuitant reaches age 105.

2 The Minimum Maturity Benefit Amount is reduced in proportion to any Units that may have been surrendered. Refer to the Contract and Information Folder for more information about surrendering Units.

3 The Annuitant is the person on whose life the Contract is based. When the Annuitant dies, the Death Benefit is paid to the Beneficiary named by the Contract Owner.

4 The Minimum Death Benefit Amount is reduced in proportion to any Units that may have been surrendered. Refer to the Contract and Information Folder for more information about surrendering Units.

5 The inflation-adjusted value is reduced in proportion to any Units that may have been surrendered. Refer to the Contract and Information Folder for more information about surrendering Units.

6 The inflation-adjusted value is calculated based on the CPI increase established by Statistics Canada for the one-year period ending the previous. November 30, up to a maximum of 5%.

Eligibility

See the Terms and Conditions page to find out more about this guarantee’s eligibility.