This excerpt taken from the CFNL 10-Q filed Nov 8, 2007.
The Corporation and any Affiliate participating in the Plan have only a contractual obligation to pay the benefits described in Article III. All benefits are to be satisfied solely out of the general corporate assets of the Corporation or the appropriate Affiliate which shall remain subject to the claims of its creditors. No assets of the Corporation or a participating Affiliate will be segregated or committed to the satisfaction of its obligations to the Participant or any Beneficiary under this Plan. If the Corporation, in its sole discretion, elects to purchase life insurance on the life of the Participant in connection with the Plan, the Participant must submit to a physical examination, if required by the insurer, and otherwise cooperate in the issuance of such policy or his rights under the Plan will be forfeited