Segregated funds


Segregated funds

Segregated funds are sold as deferred variable annuity contracts and can be sold only by licensed insurance representatives. Segregated funds are owned by the life insurance company, not the individual investors, and must be kept separate (or “segregated”) from the company’s other assets. Segregated funds are made up of underlying assets that are purchased via the Life assurance companies. Segregated Funds have guarantees and run for a period.

Maturity Dates

Granted certain qualifications are met, segregated fund investments may be protected from seizure from creditors. This is an important feature for business owners or professionals whose assets may have a high exposure to creditors.

Probate Protection

A reset option allows the contract holder to lock in investment gains if the market value of a segregated fund contract increases. This resets the contract’s deposit value to equal the greater of the deposit value or current market value, restarts the contract term, and extends the maturity date. Contract holders are limited to a certain number of resets, usually one or two, in a given calendar year.

Custom Benefit Solutions is at your services 24 hours for 365 days. We have our offices in different provinces of Canada. If you can't get in touch through our local number, give us a call on Toll Free number and our representative will guide you to provide the best possible Insurance at lowest possible premiums. Thank you for visiting Custom Benefit Solutions website and searching our contact address. Nobody likes to think about Life Insurance yet its one of the most important thing you should get in your life. Life Insurance will provide a lump sum payment equal to the policy limit upon the death of the person whose life is insured. Payment of the life insurance proceeds is made to the policy beneficiary. The beneficiary of the life insurance policy may be the spouse, children, employer or estate of the insured person, or some other designated person or organization.