What is a segregated fund?

> It is like a mutual fund but it is sold through an insurance company

> They are creditor protected

> There are guarantees built in by the insurance company at maturity or death

> In most cases you can exercise reset options to lock in growth as part of the guarantee

> They bi-pass probate and go directly to the specified beneficiary unlike mutual funds that

   are valuated as part of your estate and go through probate