The Co-operators

September 16, 2010 15:52 ET

Considering Investments in Ontario?

Buy Investments in Ontario Through a Life Insurance Company and Stay Protected!

TORONTO, ONTARIO--(Marketwire - Sept. 16, 2010) - During turbulent times, placing your money and your trust in investments in Ontario can be difficult, which is why buying investments through an insurance company is ideal. The average person thinking about investments in Ontario doesn't realize that they can buy an RRSP through a life insurance company. However choosing an insurance company for your investments in Ontario could be considered the safer choice, since, due to insurance legislation, the principal investment is guaranteed at maturity or death. 

For someone looking for more conservative investments in Ontario, segregated funds are a smart choice. Like mutual funds, segregated funds are invested in equities, bonds, and other investments. However, they differ in that segregated funds guarantee all or most of the principal investment upon maturity or death, while mutual funds generally have no guarantees at all. 

Investors cannot purchase segregated fund investments in Ontario from a financial institution. These investments are only offered by life insurance companies and get their name from the fact that their assets are held separate, or segregated, from the general assets of the company. Although the value of the funds will fluctuate with the market, the principal investment always has a guarantee.

Benefits of buying investments in Ontario through a life insurance company

  • Guarantee on principal investment provides security and peace of mind.

  • Option of converting your accumulated funds to a lifetime annuity, which would guarantee you an income for life.

  • Death benefit: All or a portion of your principal is guaranteed, less any withdrawals.

  • Potential creditor protection in the case of unforeseen bankruptcy.

  • Probate bypass: With a named beneficiary, your estate is preserved without fees (other than applicable RRSP withholding taxes) or delays.

  • Eligible as an RRSP for tax deferral.

When considering investments in Ontario from an insurance company, you can rest assured knowing that all life insurance companies in Canada are members of Assuris. As a not-for-profit organization, Assuris provides protection to Canadian policyholders should their life insurance company become insolvent.

Investments in Ontario from The Co-operators

Versatile Portfolios™ from The Co-operators offer a diverse range of investments in Ontario and help take the guesswork out of investing. They offer guaranteed principal, and are available as a Registered Retirement Savings Plan (RRSP), a Registered Retirement Income Fund (RRIF), or a non-registered investment.

The unique combination of mutual fund expertise and the security of segregated funds qualify Versatile Portfolios from The Co-operators as one of the more savvy investments in Ontario today.

About The Co-operators

The Co-operators is the leading Canadian-owned multi-product insurance company with agents in over 600 locations across the country. We protect over one million Canadians with the same care and personal service that have made us a true Canadian champion for over 60 years. Ask us about our line of insurance products and investments in Ontario.

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