Annuities

Annuities provide you with a guaranteed source of income by depositing your funds into a contract with an insurance company. The income received is based on the principal amount invested, your age and a prescribed rate. This product is ideal for you if you need a defined amount of income to last you your lifetime.

Product Features and Benefits

Features Benefits
  • Potential to receive a higher rate than other fixed income products 
  • Ideal for those in retirement who are drawing income from their savings
  • Can be based on both your and your spouse’s life to guarantee income 
  • For non-registered funds, this product offers tax effective income
  • Have the ability to add payment guarantees which protects your beneficiaries no matter what events take place
  • Receive a guaranteed income for as long as you live without market sensitivity
  • Provide tax advantages for non-registered money 
 

 

 

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