Who Needs Variable Annuities? 
In Canada , variable annuities are usually called segregated funds or seg funds . They are similar to mutual funds , but since they are issued by insurance companies they have certain guarantees and features . If you are looking for an equity investment , then segregated funds should be considered . In today 's marketplace there are a wide variety of plans available with very competitive costs . Segregated funds are suitable for self-employed business owners and professionals . In addition , individuals who want to invest in equities , but would like maturity and death benefits guarantees . This is especially important if you are within 10 to 15 years of retirement or already retired . Segregated funds can offer : Death benefit guarantees of 100 % or 75 % Maturity guarantees of 100 % or 75 % Some plans offer the ability to reset or lock in market gains Potential creditor protection Estate planning advantages including avoiding probate which can save fees and provide privacy . If any of these are important to you then , you should consider segregated funds . More information is available at www.ProtectandGrow.ca If you have further questions , would like a second opinion , or believe I could be of assistance , please do not hesitate to contact me . 