Annuities

Single premium immediate annuities provide you with the security and predictability of guaranteed income payments for life or over a specific term.

If you are looking for guaranteed, predictable income for life or over a term you choose, and don't want to make on-going investment decisions, an immediate annuity may be for you.

In exchange for a one-time deposit, you receive guaranteed, set income payments. The amount of income you receive depends on a variety of factors including the amount you deposit, current interest rates, your age and the type of annuity you choose.

Joint and Last Survivor Annuities with a guaranteed period pay a guaranteed income for life to you and your spouse, as long as one of you survives. If you and your spouse die before the end of the guaranteed period, payment of income will continue to your named beneficiary until the end of the guaranteed period.

Single Life Annuities with a guaranteed period pays you a guaranteed income for life. If you die before the end of the guaranteed period, payment of income will continue to your named beneficiary until the end of the guaranteed period.

Single Life Annuities pay you guaranteed income for as long as you live. There are no payments made after your death.

Term Certain Annuities pay you a guaranteed income for a specific term only. If you die before the end of the term, income payments will continue to your named beneficiary until the end of the term. You can choose a term from 10 years up to age 90.

You must be between 35 and 85 years of age to purchase. You can choose to receive your annuity payments monthly, quarterly, semi-annually or annually.