Sherrett Insurance Agency Ltd.
Estate Planning, Corporate Benefits, Investments, Insurance, Retirement Planning
Quick Links
- Protect you and your family. Ask about life insurance.
- Buying a home? Own a home? Ask about mortgage insurance.
- Planning for retirement? Ask about RRSPs.
- Company need stability? Ask about securing funding.
- Company growing? Ask about employee benefit plans.
- Want long-term prosperity? Ask about succession planning.
- Access medical claim forms and renewal forms.
- Book a meeting.
Segregated Funds
A segregated fund is similar to a mutual fund but offered through insurance companies.
Segregated funds combine the growth potential of a mutual fund with the security of a life insurance policy. The term “segregated” refers to the fact that your investment is separated from the general assets of the insurance company. Like mutual funds, segregated funds consist of investments in securities such as bonds and stocks. The value of the segregated fund fluctuates according to the market value of the underlying securities.
The benefits of segregated funds include:
- Professional money management
- Access to diversified investment portfolios
- Maturity and death guarantees
- Possible creditor protection
- Avoids probate with proceeds going directly to beneficiaries
- Easy estate planning
- The risk/return is similar to Mutual Funds
- Managing Risk – wraps and “fund of funds” portfolios
Related Products:
- Critical Illness Insurance
- Disability Insurance
- Life Insurance
- Registered Education Savings Plans (RESPs)
- Tax Free Savings Account