Empire Life Insurance Co. has introduced a 100% maturity guarantee option for clients investing in its segregated funds and who want the comfort of knowing their deposits are guaranteed.

The guarantee option protects 100% of clients’ net deposits to the funds as long as there are 15 or more years remaining until the policy’s maturity date. Deposits made in the last 15 years before the maturity date are guaranteed at 75%. Empire recently enhanced its death benefit guarantee to 100% on its Elite Investment Program in October 2005.

“While some companies offering segregated funds focus more on either the maturity or death benefit guarantee, we’ve chosen to focus on both,” says Jim Gibson, director, ondividual marketing. “This helps protect our clients’ money against market swings while they are saving, and in the event of their death,” he adds.

If clients do not choose the 100% maturity guarantee option, they receive a 75% maturity guarantee. Working with their financial advisor, clients can choose the guarantee option that best suits their needs.

“Now with the choice of a 75% or 100% maturity guarantee option, a 100% death benefit guarantee, and the ability to reset guarantees to lock in growth, we feel we have one of the most comprehensive guarantee packages in the industry,” says Gibson.