Segregated Funds
Description
This course will provide an in-depth look into segregated funds. Also called Individual Variable Insurance Contracts (IVIC), these are separate products from normal insurance products that might appeal to a wide variety of clients. Starting with an introduction of mutual funds, we will go through the structure of a segregated fund, taxation of the segregated fund and discuss the type of clients who buy segregated funds.
A full list of topics includes:
·Mutual funds basics and Taxation ·Segregated fund basics and death benefits ·Resets ·Deposit and Maturity ·Taxation of Segregated funds ·Seg Fun Structures ·Linear reduction method and Proportional reduction method ·Assuris guarantees and seg fund markets
Course Outline
“Segregated Funds” is suitable for the following CE Credits:
British Columbia – 1 Life, 0 A&S, 0 General
Alberta – 1.5 Life, 0 A&S, 0 General (AIC#52750)
Saskatchewan – 1.5 Life, 0 Ethics
Manitoba – 1.5 Life and/or A&S, 1.5 General (ICM#24544)
Ontario – 1.5 CE
FP Canada – 1.5 Financial Planning (5912)