A Detailed Guide to Travel Insurance in Victoria BC Get The Best GIC Rates in Victoria BC With Discove | Page 5

The Insurance Advantage
 Insurance-based GIC’s may also protect your personal savings from professional liability.
 As long as the GIC investment is made before an individual or business runs into financial
difficulties, generally the proceeds of the GIC will be protected from creditors with the
appropriately named beneficiary. This can be an attractive feature for owners of small businesses
or those in any other profession where liabilities have the potential to threaten your personal
savings.