In Canada, an immediate variable annuity refers to an annuity where all or part of the income received is dependent on the performance of an equity unit. Often, this is an index like the S&P 500 or it could be based on the performance of a particular investment fund. This type of annuity can form an important component in a retirement income plan.
The plans and options can vary from company to company.
An independent life insurance broker, representing several companies, could help you find the right product at the right price.
If you have further questions, or if you fell that i could be of assistance, please do not hesitate to contact me.
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The plans and options can vary from company to company.
An independent life insurance broker, representing several companies, could help you find the right product at the right price.
If you have further questions, or if you fell that i could be of assistance, please do not hesitate to contact me.