Insurance products such as Segregated Funds and Guaranteed Interest Annuities (GIAs) act much like regular investments but can help you avoid probate fees. On your death, the assets pass directly to your beneficiary and do not form part of your estate. As a result, that part of your estate is not subject to probate and other estate-related costs, such as legal and executor fees.

These and a variety of other insurance products are of particular interest to individuals with large estates and those who want to leave the maximum estate value to their heirs.

All insurance products are sold through ScotiaMcLeod Financial Services Inc., the insurance subsidiary of Scotia Capital Inc., a member of the Scotiabank Group. When discussing life insurance products, ScotiaMcLeod advisors are acting as Life Underwriters (Financial Security Advisors in Quebec) representing ScotiaMcLeod Financial Services Inc.

The information contained on this website is for use by persons resident in Canada only.