Question
Helen, age 66, is a recent widow who has never worked outside the home. She received $250,000 in life insurance proceeds at the death of
Helen, age 66, is a recent widow who has never worked outside the home. She received $250,000 in life insurance proceeds at the death of her husband Paul. Helen has no children. She receives a survivor's pension from Paul's plans in the amount of $2,500 a month plus OAS benefits. Helen does not want to lose any of the funds she invests. Her advisor Jane suggests that she invest in a well-respected and large segregated fund, and prepares a list of the fund's features for Helen to review.
Which feature would be most important to Helen.
A.A 100% maturity and death benefit guarantee.
B.Investor protection.
C.Tax benefit received when capital losses are incurred.
D.Growth secured by reset.
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