A group of women of all ages laugh and talk around the kitchen table.

Who is this for?

If you’ve spent a lifetime building a legacy you want to pass on to your chosen beneficiaries – such as family members, friends or a favourite charity – in a secure and timely manner after you die, a London Life Estate Protection segregated funds policy may be right for you.

Consider this: If you’re between the ages of 80 and 90, the London Life Estate Protection segregated funds policy guarantees that 100% of the money you’ve put into the policy will go directly to your beneficiaries after you pass away.1 It’s a policy that offers a secure way of passing your legacy on to your beneficiaries after you die.
 

How will this help me?

If you’ve been working hard to build a legacy that can be passed on to your beneficiaries after you die, the London Life Estate Protection segregated funds policy offers many benefits.

First, you get to choose who receives the money (and how they receive it) after you pass away.2 Second, because the money doesn’t flow through your estate, the entire process is kept private.3 Third, it can help you avoid having to pay estate administration costs, allowing you to pass more money on to your beneficiaries after you die.
 

What else do I need to know?

You make the call

You can set up who receives your money and you can determine how they get it. For example, should your beneficiaries receive a lump sum or should they get a regular and steady income? You decide.4

Maintain your privacy

With London Life’s Estate Protection segregated funds policy, you can keep information about the gifts you want to pass on private.5

Opportunities to grow

You can participate in the financial markets while you’re still alive, giving you the opportunity to grow your money.  

Your advisor can help

Your financial security advisor can help you establish an estate protection policy and can assist you in determining how the proceeds will be distributed to your beneficiaries.6

1 Guarantees are reduced proportionately by any withdrawals. Speak with your financial security advisor for more information.
2 Payments other than lump sums may only be available with a non-registered policy.
3 In Saskatchewan, executors must disclose all known life insurance policies owned by the deceased, including segregated fund policies. They must list the insurance company, policy number, designated beneficiaries and the value at the date of death.
4 See endnote 2.
5 See endnote 3.
6 A description of the key features of London Life’s estate protection contract is contained in the information folder, available from your financial security advisor.

Connect with an advisor

Working with a financial security advisor can provide you with the tools and expertise you need to plan for the future.

Learn more