Question: What is the main difference between a segregated fund's death benefit and maturity guarantee? They use different percentages to calculate payout The death benefit is

What is the main difference between a segregated fund's death benefit and maturity guarantee?

They use different percentages to calculate payout

The death benefit is paid to beneficiaries while the maturity guarantee is paid to the contract holder

There are no differences, provided the annuitant and contract holder are the same person

The death benefit is paid to beneficiaries while the maturity guarantee is paid to the annuitant

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