Class Plus 2 Information Folder and Contract Provisions - Empire Life

INTRODUCTIONThe Empire Life Insurance Company (“Empire Life”) is federally incorporated in Canada. It is a stock company that wasincorporated under Letters Patent granted by the Province of Ontario in 1923, to transact the business of life insurance, includingthe business of annuities, and continued as a federal corporation by Letters Patent in 1987. The Insurance Companies Act (Canada)governs its operations. Our Corporate Head Office is located at 259 King Street East, Kingston, Ontario, K7L 3A8.The Information Folder for an individual variable insurance contract provides a description of the key features of the contractbeing considered. Our individual variable insurance contracts are offered primarily through licensed life insurance agents orfinancial planners, investment fund dealers or stockbrokers who are contracted with Empire Life and are also licensed to sell lifeinsurance products.This document contains the Information Folder (excluding the Fund Facts) and the Contract Provisions for the Class Plus 2contract. Delivery of the Contracct Provisions does not constitute our acceptance of a contract purchase. We will send you aconfirmation notice as our acceptance of a contract purchase. The confirmation notice is sent once we have received all of therequired documents and the initial deposit.The Class Plus 2 contract is a deferred annuity contract that contains Maturity Options including the option to receive animmediate annuity. The Class Plus 2 contract provides guarantees payable at the Maturity Date or on the death of the lastAnnuitant. The Class Plus 2 contract provides guaranteed income payments over the lifetime of the Annuitant or, if applicable,the Joint Life when certain criteria are met.Each Segregated Fund offered by Empire Life is established and maintained in accordance with Section 451 of the InsuranceCompanies Act (Canada). The assets of each Segregated Fund are owned by Empire Life and are segregated from the other assets ofEmpire Life for the exclusive benefit of the Contract Owners whose deposits have been applied to acquire Fund Class Units in theSegregated Funds. The Segregated Funds are not separate legal entities. Each Segregated Fund is divided into units of a Fund Classand those Fund Class Units are attributed to individual contracts for the purpose of determining benefits under those contracts.The Contract Owner acquires no direct claim on the Fund Class Units of a Segregated Fund but only on the benefits provided for inthe Contract Provisions. Fund Class Units credited to your contract are acquired and subsequently cancelled when required bythe terms of the contract. A Contract Owner is not a shareholder or member of Empire Life and, as such, is not entitled to anyvoting rights. The rights of the Contract Owner are limited to those contained in the contract.CERTIFICATIONThis is to certify that this Information Folder (“Folder”) including the Fund Facts provides brief and plain disclosure of allmaterial facts relating to the Class Plus 2 contract issued by Empire Life. The Folder is incomplete unless the Fund Facts areincluded. The Folder is for information purposes only and is not an insurance contract.Les HerrPresident and Chief Executive OfficerGary McCabeSenior Vice-President and Chief Financial Officer