Upon deposit maturity, the policyholder is entitled to receive the greater of 100% of the Benefit Determination Amount (net deposits less proportionate market value reductions for withdrawals and fees) or the market value of the deposit less applicable fees.

On death of the annuitant, the designated beneficiary is entitled to receive the greater of 100% of the Benefit Determination Amount (less proportionate market value reductions for withdrawals and fees) or the market value less applicable fees.

Upon deposit maturity, the policyholder is entitled to receive the greater of 75% of the Benefit Determination Amount (net deposits less proportionate market value reductions for withdrawals and fees) or the market value of the deposit less applicable fees.

On death of the annuitant, the designated beneficiary is entitled to receive the greater of 100% of the Benefit Determination Amount (less proportionate market value reductions for withdrawals and fees) or the market value less applicable fees.

The guarantees remain the key benefit of CI Guaranteed Investment Funds:

• They allow people to invest with peace of mind, knowing that their initial investment is fully protected at death, and 100% or 75% protected at maturity, depending on the class they choose.
• This encourages policyholders to stay invested through market fluctuations, and gives conservative investors the confidence to add equities to their portfolios.
• The 75% maturity guarantee allows investors to benefit from lower insurance costs.

CI GIFs are powerful estate planning tools. Here’s how they can help your clients:

• The death benefit preserves their investments for their beneficiaries.
• The death benefit is paid directly to the named beneficiaries quickly and efficiently, avoiding potential delays in settling an estate.
• When there is a named beneficiary, the benefit may bypass probate fees.

On the anniversary date of your policy, CI will automatically reset the death benefit guarantee to the greater of:

• The current market value of your deposit; or

• The existing death benefit determination amount (less proportionate reduction for withdrawals).

In certain circumstances, the assets held inside CI GIFs may be protected from creditors. (It is essential that investors obtain the professional opinion of a lawyer or accountant in determining the applicability and effectiveness of this feature for them.) This feature:

• May allow small business owners, entrepreneurs, professionals and other investors to shield their assets from creditors, preserving their savings for themselves and their families.

CI offers your clients a high degree of flexibility in adapting their portfolios to changing circumstances through the following switching options:

• From Class A GIF Units to Class B GIF Units.
• Between CI GIFs and CI GIF Portfolios.
• Between CI GIFs and CI mutual funds.

(Please note that a switch from a CI GIF to a CI mutual fund would be an actual disposition of the fund and/or contract for tax purposes.)

The CI Guaranteed Investment Fund Portfolios invest in underlying CI mutual funds to achieve four asset allocations ranging from Conservative to Aggressive Growth. The Portfolios offer:

• The ability to tailor a segregated fund investment to an investor’s risk profile.
• Simplicity and convenience of achieving asset allocation through one fund purchase.
• Diversification by asset class, geographical area, portfolio manager and investment approach, leading to reduced volatility.
• Lower insurance fees compared to a similar portfolio of individual segregated funds.

The CI GIF lineup offers:

• Professional investment management.
• One of the industry’s widest selection of funds, allowing for a fully diversified guaranteed portfolio, including diversification by asset class, geographic region and investment style.
• Suitability for both RSP and non-RSP portfolios.

The CI GIF policies are underwritten by Transamerica Life Canada, one of Canada’s leading segregated fund providers. The company, a member of the Aegon Group, one of the world’s largest financial services organizations, holds top ratings from several debt-rating agencies.