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Maturity Guarantee

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Maturity Guarantee
The benefit of an insurance policy or annuity to which the policyholder or annuitant is entitled after a certain number of years. The amount of the benefit as well as the number of years (which is usually 10) is stated in the contract.


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Segregated funds maturity guarantees - segregated funds sold in Canada and reported in the variable annuity line of business contain ten-year maturity guarantees that are carried at fair value using market-based risk neutral scenario techniques.
These volatile items include a discontinued total return pass-through annuity product, Canadian segregated funds maturity guarantees and financial assets carried at fair value, such as hedge funds, convertible bonds and certain limited partnerships, for which no offset in liabilities is present.
 
 
 
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