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Segregated fund

November 20, 2009 Written by nicolae

Segregated Fund are a classification of funds administered by an insurance company in the form of individual, variable life insurance contracts offering certain guarantees to the policyholder such as reimbursement of capital upon death.

As required by law, these funds are fully segregated from the company's general investment funds, hence the eponym.

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Business: 
Insurance
Tags: 
reimbursement
Health: 
Health
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