Do you want an investment that can offer predictable and potentially increasing income for life?
With these plans, you will receive guaranteed lifetime income with possibilities of increasing future income payments. These are excellent for clients who don't have significant sources of guaranteed retirement income and allows them to pick a segregated fund portfolio for exposure to both fixed income and equity. Clients will have the peace of mind that their income payments are secure no matter what happens to policy values.
The key advantages of this plan include:
- Guaranteed income for life
- Guaranteed income won't decrease no matter how investments perform
- Potentially increasing guaranteed income to keep in check with inflation
- You can take an income as early as age 50
- The amount of lifetime income is based on the income percentage corresponding with the age of the client
- An income bonus percentage can be added under certain conditions
- Potentitial creditor protection
For more information on these plans, please contact us so that we can give you more details.