What is a joint life annuity with no guarantee?
A joint life annuity with no guarantee provides guaranteed income payments as long as you and your spouse live, but the payments stop at the second death. With a Guarantee. A joint life annuity with a guaranteed period provides guaranteed income payments for as long as both annuitants live.
Where can I find the best life annuity rates in Canada?
LifeAnnuites.com provides the best life annuity rates in Canada. We quote from all the top leading insurance companies in Canada. The following rates are examples only. For personal annuity rates please use our Annuity Quote Form.
What are the benefits of a life annuity?
A life annuity provides you with a guaranteed lifetime income. For example, if you buy a life annuity for $100,000 at age 65 with an income of $500 per month, you get your $100,000 back by age 82. If you live past 82, you will still receive $500 a month as long as you live.