Protect your savings from creditors

Are you self-employed, a business owner, or a professional (doctor, lawyer, notary)?

Make sure you're protected in the event of financial problems

When you designate a Beneficiary for your Helios Contract, its value may be exempt from seizure by creditors in the event of bankruptcy or legal proceedings.* It  can therefore protect you and your loved ones.

Who can you designate as a Beneficiary?

Preferred revocable Beneficiary

• Married spouse
• Parents
• Grandparents (Quebec only)
• Children
• Grandchildren

Irrevocable Beneficiary**

• Anyone you designate

Which Core Guarantee should I choose if I want to protect myself from creditors?

The Helios Contract's creditor protection applies regardless of which Core Guarantee you choose.*** Guarantee 75/75 could be right for you if you want to keep the costs related to your guarantee down. However, if protecting your assets is a priority, Guarantee 75/100 i might be better suited to your needs. Talk it over with your financial planner.

*Exemption from seizure rules can be complex. Interested parties should consult a legal advisor (lawyer or notary) for an assessment of their specific situation.

**The consent of the irrevocable Beneficiary is required to make changes or carry out transactions under the Helios Contract.

***Certain types of Beneficiaries must be designated. Exemption from seizure rules may be complex. Interested parties should consult a legal advisor (lawyer or notary) for an assessment of their specific situation.