Segregated Funds and Mutual Funds often have many of the same benefits such as:
So what’s the difference? Who offers these products?
Why is this important?
What are these features?
Maturity and Death Benefit Guarantees mean the insurance company must guarantee at least 75% of the premium paid into the contract for at least 10 years upon maturity or your death.
Resets means you have the ability to reset the maturity and death benefit guarantee at a higher market value of the investment.
Bypass Probate: since you name a beneficiary to receive the proceeds on your death, the proceeds are paid directly to your beneficiary which means it bypasses your estate and can avoid probate fees.
Potential Creditor Protection is available when you name a beneficiary within the family class, there are certain restrictions associated with this.
What are the fees?
We can help you decide what makes sense for your financial situation.