Introduction to SEG Funds

Segregated Funds are a combination of what two things?

• Life Insurance

• Disability Insurance

• Mutual Funds

• Hedge Funds

• Health Insurance

Segregated Funds offer what benefits? (Select all that apply)

• Principle Protection

• Avoidance of Probate

• Creditor Protection

• Superior growth to Mutual Funds

Who receives the guaranteed value upon maturity?

• Beneficiary

• Owner

• Insurance company

What are the requirements of an Annuitant? (Select all that apply)

• Must be a living person

• Must be the owner of the contract

• Must be at least 15 days old

• Must be at least 18 years of age

• Must be a Canadian resident when the policy is established

The higher the Guarantee level on a SEG contract, the higher the cost of the fund.

• True

• False

Class B (Combined) offers what Guarantee level?

• 100% DG, 75% MG

• 75% DG, 100% MG

• 100% DG, 100% MG

• 75% DG, 75% MG

An owner can only access their Market Value on the Maturity Date.

• True

• False

At maturity, the higher of the maturity guarantee and market value is paid to the owner.

• True

• False

The higher of the death guarantee or market value is paid out to the beneficiary upon the death of the owner.

• True

• False

The Benefit Determination Amount (BDA) is the value used to calculate your Guarantees.

• True

• False