Inflation, market volatility and their effect on retirement income are weighing on the minds of Canadians. That’s why Empire Life designed Class Plus 3.0 – to address these challenges and help your clients enjoy retirement. 

Class Plus 3.0 helps with; 

• Protection from inflation by providing:  

An annual 4% Income Base Bonus¹ that builds retirement income potential.

Automatic resets every three years of your client’s Income Base and Death Benefit Guarantee² may take advantage of higher market values and help protect against inflation. 

The Annual Automatic Income Reset³ does not limit your client to the same payout rate for the rest of their life but increases every year from ages 55 to 80. 

A choice of segregated funds with three funds offering up to 80% equity.

• Protection from market volatility: Income is always protected from market downturns and it will continue even if the value of your client’s investment goes to zero.
• Relief from longevity risk concerns: Starting as early as age 55, your client is guaranteed to receive a predictable monthly income for as long as they live.⁴

¹ The Income Base Bonus is credited in years that there are no withdrawals from Class Plus 3.0 for the first 20 calendar years your client owns Class Plus 3.0. It is a notional amount and has no cash value.

² Up to and including Annuitant’s 80th birthday. 

³ Increasing LWA rates between ages 55 to 80, and level thereafter. Calculated based on the current Income Base and the applicable LWA percentage that corresponds to the Annuitant’s age as of December 31st of the following calendar year.

⁴ Provided there are no Excess Withdrawals.

Segregated Fund contracts are issued by The Empire Life Insurance Company (“Empire Life”). 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. Please read the information folder, contract and fund facts before investing. Past performance is no guarantee of future performance. All returns are calculated after taking expenses, management and administration fees into account.

FOR ADVISOR USE ONLY