Benefits of segregated fund policies

Put the benefits of segregated fund policies to work for you.


Lifetime income benefit option

Take control of your retirement and income by guaranteeing your income for life. With the lifetime income benefit option, your income won't decrease regardless of how the segregated funds perform unless excess withdrawals are taken. You get protection against the risk of outliving your money, market volatility and inflation.

Death benefit and maturity guarantees

Segregated fund policies protect part or all of your capital investment. They guarantee the value of the policy on its maturity date, as well as the value received on the death of the last insured person.

Estate bypass

When you designate a beneficiary other than your estate, the value of your segregated fund policy flows directly to him or her, generally bypassing the estate and potential probate fees, if any.

Potential creditor protection

Laws may protect a segregated fund policy in the event of bankruptcy or other action by creditors. It's important to note that creditor protection depends on court decisions and applicable legislation, which can be subject to change and can vary in each province; it can never be guaranteed.

Features and guarantees vary by policy and age of annuitant and some limitations apply. Maturity and death benefit guarantees are reduced proportionately by withdrawals.
A description of the key features of the segregated fund policy is contained in the information folder.
Any amount that is allocated to a segregated fund is invested at the risk of the policyowner and may increase or decrease in value.
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