Assurant and CUNA Mutual Group Finalize Preneed Sale: What to Expect
On August 1, Assurant finalized the sale of the Preneed business to CUNA Mutual Group, a broad financial services provider that protects more than 30 million consumers. As we officially transition the business to CUNA Mutual Group, policyholders will maintain the same policy coverage, benefits, exceptional levels of customer support and service they’ve always experienced.
CUNA Mutual Group is committed to delivering outstanding customer service and ensuring a seamless transition for clients and policyholders to its family of brands. As part of honoring that commitment, CUNA Mutual Group will continue to provide updates as they’re available to both clients and policyholders. In the interim, policyholders and partners should continue to reach us through the communications channels they have historically used.
For Québec Residents
Death Insurance Plan – Summary and Sample Policy
Death Insurance Plan Factsheet
Death Savings Plan – Summary and Sample Policy
Death Savings Plan Factsheet
Growth Rates in Québec
Understanding how fast the interest crediting of your coverage is growing is no easy task. Assurant uncomplicates it all and provides the following graph for our customers in Québec who have purchased the Death Savings Plan (SPIA) and Death Insurance Plan (GIIB) products.
Your Growth Series is indicated under Coverage Type on your application. Simply match the corresponding date with your Assurant Growth Series product to find your rates. The dates below refer to the year your policy was purchased. Future rates are not guaranteed.
|Growth Series||2003 – June 30, 2012*||July 1, 2012 – December 31, 2016*||January 1, 2017 – Current*|
*The growth rate is the percentage above times your coverage. This simple interest is determined once a year. Example for the Premier plan currently would be $5,000 times 0.75% or $37.50 added to the $5000 at the end of the year for $5,037.50. The percentages above indicate the year the policy was purchased. For any additional questions, do not hesitate to Contact Assurant Life of Canada at 1.888.977.9752.
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Alleviate unnecessary burden on your family in the future. Give us a call today and let’s chat about insurance-funded preneed and final expense solutions.