Segregated funds, also known as SegFunds, are insurance-based investment products that combine the growth potential of mutual funds with the protective features of an insurance contract. They allow investors to access a diversified portfolio—typically composed of equities, bonds, or money market instruments—while benefiting from maturity and death benefit guarantees that help safeguard a portion of the original investment. SegFunds also offer unique advantages such as potential creditor protection, probate bypass through named beneficiaries, and estate planning benefits. These investments can be held within a variety of registered and non-registered plans, including RRSPs (Registered Retirement Savings Plans), TFSAs (Tax-Free Savings Accounts), RESPs (Registered Education Savings Plans), FHSAs (First Home Savings Accounts), and non-registered accounts—each offering different tax advantages and financial planning opportunities based on individual goals. Annuities complement these options by providing guaranteed income, making them a practical solution for retirement income stability and longevity protection.