Estados Unidos – Amphora Financial Group

Variable Universal Life Insurance for

U.S.
Residents

Offered by Amphora life

The Company

Amphora Life Insurance Company Ltd. is a privately owned insurance company operating under the Amphora Financial Group based in Barbados since 2006. The ultimate owners of the company are Canadian citizens. Through our team of disciplined financial experts, we cater to high networth families around the globe by providing cutting edge life insurance solutions and a personalized service with advantageous insurance rates and investment freedom. All the policies are issued in Barbados.

Life Insurance

Life insurance is not for the hereinafter, it is for the here and now. Once used solely to ensure financial stability for our families in the future, it is now also used to preserve wealth and quality of life in the present. As governments have increased their tax-based revenues and legislation has rendered many of our traditional wealth-preservation methods inefficient, life insurance still remains a powerful wealth-preservation strategy. Life insurance offers tax benefits and capital protection.

Aim

At Amphora Life, we pride ourselves on tailoring solutions as unique as the families we serve. Working closely with our clients and their legal, accounting and investment experts, we analyze each situation in depth and detail to produce insurance solutions that are individually designed to maximize tax benefits and capital protection within the limits of the law.

The Policy

The process is simple: a substantial portion of the policy premium is invested and appreciates in a tax sheltered environment. If and when funds are needed, the policyholder may borrow against the policy or withdraw from the policy. It is therefore the perfect com- bination between investment and life insurance protection inside a single policy. The policy allows you to adjust the death benefit and to vary the amount and/or frequency of premium payments. All the funds held within your insurance policy are invested judiciously according to your financial objectives, risk appetite and the pre- vailing laws in your country of residence. Amphora Life offers this policy pursuant to exemption under the 1933 Act and the 1940 Act for placement of securities other than by means of a public offering. This Fact Sheet does not constitute advertising or an offer to sell or a solicitation or an offer to buy securities. The policy is issued in Barbados to foreign (i.e. non-US) trusts.

Benefits

Asset Protection – Under Barbados law, a life insurance policy affords a high level of asset protection even if you enjoy important contractual rights under the policy.

Investment freedom – Investment freedom is one of the hallmarks at Amphora. The policyholder may select from a wide range of investment benchmarks. Investment benchmarks include fixed income instruments, equities, bond funds, hedge funds and other investment products managed by reputable third parties. You can also choose benchmarks linked to the performance of funds managed by parties with whom you have pre-existing business relationship.

Faster Growth – Because of wider investment options, the policy offers a faster growth potential than a traditional cash-value whole life insurance policy.

Immediate Cash Value – Cash values is available from year 1 of the policy, this is a feature not generally available in the local marketplace where cash value generally becomes available in year 3 or 4.

Competitive Rates – Amphora Life works primarily with our clients’ professional advisors without going through traditional brokers. As a direct result of this, we offer highly competitive insurance rates and significant savings to our clients.

Security – Policy investments are held in a separate account to which the creditors of Amphora Life have no claim. Upon the death of the insured, the insurance proceeds are directly remitted to the beneficiary and do not have to go through the estate of the insured and hence, are not subject to creditors’ claims. We only retain a small fraction of the amount at risk on high value policies. The bulk of the policy risk exposure is reinsured with highly rated reinsurers to ensure maximum security and peace of mind to our clients.

Taxes

Funds accumulate within the Policy without being subject to any income tax. Changes of investment benchmarks do not trigger tax.

Withdrawals

Partial withdrawals are available as long as the policy fund value does not fall below US$10,000. A withdrawal from the policy may give rise to a taxable policy gain in certain circumstances.

Loans

Policy loans are allowed but they may give rise to a taxable policy gain in certain circumstances.

Reporting

Amphora Life must report each life insurance policy with a cash value greater than US$ 50,000 annually.

Currencies

The policy may be denominated in any major currency.

Death Benefit

The death benefit is exempt from tax in the United States.

Separate account

Policy investments are held in a separate account to which the creditors of Amphora Life have no claim. You are therefore fully protected in the event of Amphora Life’s insolvency.

Cost of Insurance

The cost of insurance (COI) rate depends on the sex, the smoking status, the age of the insured, the overall health and place of residence. Advantageous COI rates are offered as a result of low overhead and distribution costs. The COI rates per $1,000 of net amount at risk are guaranteed for the life of the policy. COI charges are deducted monthly from the designated policy account.