A Registered Retirement Savings Plan (RRSP) is a tax-deferred savings arrangement registered under the Income Tax Act (Canada). The policyholder doesn’t pay tax on the interest income and growth of the account value. Typically, a RRSP will use an accumulation annuity and/or a segregated fund policy to accumulate money for retirement.
If your RRSP is invested in an accumulation annuity, click here to see how Assuris protection is applied.
If your RRSP is invested in a segregated fund policy, click here to see how Assuris protection is applied.