When you designate a beneficiary, the value of your segregated fund policy flows directly to him or her, bypassing the estate and potential probate fees.
Potential Creditor Protection
As an insurance policy, your investment may be protected in the event of bankruptcy.
No Trustee Fees
If you choose a registered segregated fund policy, you avoid trustee fees.
Maturity & Death Benefit Guarantees
Segregated fund policies provide both maturity and death benefit guarantees.
Lifetime Income Options
Some policies offer a guaranteed income for life, regardless of how your investments perform.