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Five years ago, Brett purchased segregated equity fund contract with a single deposit of $100,000...

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Finance

Five years ago, Brett purchased segregated equity fund contract with a single deposit of $100,000 Percent market conditions led to a sharp downtum in the fund's market value: on Brett's passing last month, it was worth $68,000. Nevertheless, Bretts estate received proceeds of $75,000 from the contract.

What unique feature of segregated hunds alowed Bretts estate to receive $75,000?

a. Exemption from probate.

b. Death benefit gurantee.

c. Assuris protection.

d. Reset

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