SEGREGATED (SEG) FUNDS - WHAT YOU NEED TO KNOW!

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There's a lot more to Segregated (Seg) Funds than meets the eye!  There are benefits and protections you may not know about...read on!

WHAT IS A SEG FUND?

  • Life Insurance Company INVESTMENT (not a life Insurance Policy)
    • ​Falls under the Life INsurace Tax Act - NOT the Banking Tax Ace - this provides added benefits as seen below.

BENEFITS OF SEG FUNDS:

  • MONEY IS FULLY ACCESSIBLE (in some cases - fees may be attached)
  • PROVIDES GUARANTEES while also allowing for RISK MINIMIZATION and GROWTH OPPORTUNITIES
  • BYPASSES PROBATE AND PROBATE FEES - due to named beneficiary(s)
    • check this out!  See what could be saved using SEG Funds (Click here)
  • COMPLETELY PRIVATE - Proceeds paid directly to the named beneficiary(s)
    • DID YOU KNOW??
      • All Wills are part of the public record - and can be viewed by anyone?  Because Wills are a public document they MUST go through probate.
    • PROVIDES DEATH BENEFIT GUARANTEES with potential resets (based on market increases)
    • DOES NOT HAVE MARKET DOWNSIDE LOSSES DUE TO DEATH BENEFIT GUARANTEES
    • EXAMPLE

  • PROVIDES CREDITOR PROTECTION
    • In case of a personal or business bankruptcy the bank CANNOT seize the Seg Fund because it has a named beneficiary (member of the immediate family)
    • This is an IMPORTANT FEATURE for Business Owners or Professionals who could be involved in Bankruptcy or Lawsuit.

WHY NOT DISCUSS SEG FUNDS AS PART OF YOUR FINANCIAL PLAN? (CLICK HERE)