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Target Clientele
Clients who want to protect their estate and those who are concerned about market downturns.
Guarantee at maturity
The greater of Market Value of the Deposits or
- 75% of the Deposits (4), after 10 years
- 100% of the Deposits after 20 years
- 100% of the Deposits at maturity (at age 105)
| (4) |
The amounts guaranteed are reduced proportionately for withdrawals. Please refer to the definition of Deposit in the Contract and Information Folder for details.
All Deposits paid during a same Contract year are grouped and have the same Deposit Date, which corresponds to the first day of the Contract year. Please refer to the definition of Deposit in the Contract and Information Folder, which describes the impact of withdrawals on the guaranteed amounts. |
Guarantee at death
1) For Deposits made before age 75
Until age 75, the Death Benefit amount is reset on each contract anniversary date to the greater of:
- The inflation-adjusted value (5)
- Market Value
- 100% of the Deposits
- The benefit calculated the previous year
| (5) |
The DFS GIF - Money Market is not adjusted for inflation. Please refer to the Contract and Information Folder for more details on this calculation. |
After age 75, the value is maintained until death.
All amounts attributed to a GIF are invested at the risk of the Owner and the value may increase or decrease. This simulation is neither an indication nor a guarantee of future results.
2) For Deposits made between age 75 and 79
The Death Benefit amount will be equal to 100% of the Deposits made during this period.
3) For Deposits made between age 80 and 95
The Death Benefit amount will be equal to:
- 80% of the value of each Deposit made during the first 5 years following the Deposit date
- 90% of the value of each Deposit made during the 6th and 7th years following the Deposit date
- 95% of the value of each Deposit made during the 8th and 9th year following the Deposit date and
- 100% of the value of each Deposit made during the 10th year following the Deposit date
Deposits are accepted until age 95.
Main advantages
- Estate protection: The inflation-adjusted value of all Deposits is calculated once a year. If the inflation value is greater than the Market Value or the amount determined at the last automatic reset, it becomes the new guaranteed Death Benefit.
- Protection against market swings: The Guarantee 75/100 i offers 2 Maturity Benefits calculated on the 10th and 20th anniversary of the Deposit.
Withdrawal Benefits
Your client may choose between two Optional Guarantees:
Guaranteed Minimum Withdrawal Benefit (GMWB)
The GMWB/Guarantee 75/100 i combination is advantageous for retirees who want to maximize their income and are concerned about protecting their loved ones’ purchasing power.
Guaranteed Lifetime Withdrawal Benefit (GLWB)
The GLWB/Guarantee 75/100 i combination is advantageous for retirees who want to receive guaranteed income for life and protect their loved ones’ purchasing power. |
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