Versatile Portfolios Navigator™

Versatile Portfolios Navigator™ offers segregated funds which come with some unique benefits. The most attractive feature of segregated funds is their guarantee on up to 100% at maturity and death.

The amount guaranteed depends on the guarantee level you choose. We also recognize that life is constantly changing and the guarantee level you choose now may not be right for you in the future. Once you have selected a guarantee level, we provide the option to transfer between guarantee levels up to three times in your lifetime, providing you flexibility as your financial needs change.

Level Guarantee
75/75
  • 75% guarantee on contributions upon maturity and death.
75/100
  • 75% guarantee on contributions upon maturity, and 100% of contributions invested prior to age 80 and 75% of contributions invested after age 80 upon death.
  • Automatic annual death benefit resets to age 55 and every five years thereafter to age 80.
100/100
  • 100% of contributions invested prior to age 80 and 75% of contributions invested after age 80 upon maturity and death.
  • Automatic annual death benefit resets to age 55 and every five years thereafter to age 80.
  • Automatic maturity resets every 15 years.

Contact your Financial Advisor to fully understand the benefits of each guarantee level, and get customized advice and information that fits your needs and budget.

How the Death Benefit Reset works

Your Death Benefit guarantee is automatically reset every year until age 55, and then every five years between age 55 and 80. As your investments grow, the reset locks in that increase in value and the new value becomes your new Death Benefit guarantee amount.

Let’s say you purchased a segregated fund for $10,000 at age 45. The chart below shows how the Death Benefit Reset protects you from market fluctuations. In cases where the market performs poorly, your Death Benefit would be your last reset value rather than the smaller current market value.

In this example, if you were to pass away at age 84, your beneficiary would receive $61,260, which is the guaranteed death benefit rather than the $55,140 market value of the policy. That is a benefit of over $6,000.

How the Maturity Benefit Reset works

At the 100/100 guarantee level the Maturity Benefit automatically resets every 15 years. This means any increase in your funds is locked in and your maturity guarantee is calculated based on the new value.

When you reach your Policy Maturity Date, you will receive 100% of your initial investment, any additional deposits you made up until the last five years before your Policy Maturity Date, plus the amount your investments made. You’re also guaranteed 75% of any deposits you made in the last five years before your Policy Maturity Date and any gains on those deposits.

Additional features

You choose how you make contributions. You can invest a lump sum or set up a pre-authorized debit (PAD) plan. To stay ahead of inflation, take advantage of our Automatic Contribution Increase option that allows you to automatically increase your PAD contributions on each policy anniversary by up to 10%.
 
Get updates about your funds annually, quarterly or semi-annually: it’s your choice.

We have no hidden fees. Our management expense ratio (MER) is all inclusive and covers all insurance fees. We want you to know what you can expect when working with The Co-operators.