What is the most critical aspect of a segregated fund contact provided post-sale?

The most critical aspect of a segregated fund contract provided post-sale is the terms of agreement. These terms outline the rights and responsibilities of both the insurer and the policyholder. They include important information about the investment options available, fees charged, redemption policies, and conditions surrounding guarantees. Understanding these terms is essential for the policyholder to know how the segregated fund operates, what to expect in terms of returns and risks, and any specific conditions that may affect the policy's performance or the investor's ability to access their funds. Given the nature of segregated funds—which combine investment with insurance features—grasping the terms allows policyholders to make informed decisions about their investments and ensures they understand how their policy aligns with their financial goals and needs.