The PPS Profit-Share Cross-Holdings Booster The PPS Profit-Share Cross-Holdings Booster represents an innovative enhancement designed to elevate the PPS Profit-Share Account™ experience for members. Functioning as a strategic mechanism, this booster amplifies Profit-Share allocations. Members who hold a PPS life-risk product alongside qualifying offerings from our subsidiaries or affiliates, such as PPS Short-Term Insurance, PPS Investments, PPS Health Professions Indemnity and/or Profmed, stand to benefit from enhanced allocations. Operating on a tiered system, the booster increases allocations equal to the diversification of members’ portfolios across these entities. The booster allocations are not fixed and can differ each year and PPS reserves the right to discontinue this offering at its own discretion. In 2023, allocations were boosted by 14%, 20% or 30% depending on whether the member holds products from one, two or three additional subsidiaries/affiliates respectively. Therefore, diversifying a portfolio across PPS subsidiaries and affiliates not only potentially leads to additional returns allocated to members’ PPS Profit-Share Accounts™ from individual products but also “boosts” these allocations, courtesy of the PPS Profit-Share Cross-Holdings Booster. Reserves/Members’ Profit-Share PPS Mutual Model - = Members’ premiums Benefits paid to members Cost of running the business Reserving: guarantee future claims Operating result Apportionment account notional allocation Investment returns on past allocated profits Special benefit account notional allocation 7 Who we are and what makes us different
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