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Canada Life Annuities - Get upto 40% more by comparing providers

Canada Life was established back in 1847 and is now part of one the largest life and health insurance companies operating in Canada, US, UK and many other parts of the world.  Canada Life can provide customers with access to secure and competitive financial products such as pensions, investments and annuities.  These products can help you to make effective plans for your future.

Canada Life Annuity Options

Annuities are a special type of financial investment which allows you to convert the lump sum for your pension fund(s) into an income that will pay out to you for the rest of your life.  Canada Life can offer a number of different annuity products to help you tailor your pension investments to your own retirement goals, health and lifestyle.  This includes:

  • Standard Life Annuity - this is the basic level annuity and is easy to understand.  All you need to do is invest your pension(s) lump sum and you will receive an income in return for the rest of your life.  How much you receive will depend on how much you invest and the rate at which the annuity is offered.
  • Joint Life Annuity - this is a useful option if you are in a relationship as it will allow you to put provisions in place to transfer your annuity income over to your spouse or partner should you die prematurely.
  • Escalating Income Annuity - with this type of annuity the initial amount of income you receive will be lower, but will gradually rise throughout the term of the annuity.  This can suit a number of people to help them plan their retirements more effectively.

You can invest in Canada Life annuities regardless of which company holds your pension. This means you can take advantage of the competitive rates offered even if you have your pension(s) with a different provider.

Independent Advice on Canada Life Annuities

Discuss your questions or issues surrounding Canada Life annuities with one of the independent annuity advisors we work with. Enquire today for a free no obligation quotation.

Enquire About Annuities Today

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