Investing can be a bit intimidating to some, and that's why it pays to have courteous help when you have questions about an annuity in Lewisporte. When making a decision about something as important as an annuity, it's important to obtain as much reliable information as possible, before taking action.
Our Co-operators Financial Advisors are nationwide, so there is a local Financial Advisor in your neighbourhood to answer any questions you might have about an annuity in Lewisporte and more.
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Not quite sure what the difference is between a fixed annuity and a variable annuity? A fixed annuity allows you to receive regular payments after a certain period of time. With a variable annuity, however, payments can vary depending on how the underlying portfolio performs. If you’re unsure which solution will work best for you, don’t hesitate to contact our network of expert advisors in Lewisporte. We have more than 70 years of experience helping Canadians make sound investments through annuities, TFSAs, RRSPs, and more.
Whether it's a fixed annuity or a variable annuity in Lewisporte, an annuity can become a vital income source following retirement, as they are essentially a contract made with a financial institution that provides you with a series of payments following retirement. Depending upon your needs, the lump sum benefit amount of this critical illness insurance coverage can range from $25, 000 to $2, 000, 000. For help choosing the option that's right for you, discuss your needs with a Co-operators Financial Advisor today.
Single Life Annuity, Joint and Last Survivor Life Annuity and Life Annuity with a Guarantee are the options available to investors in Lewisporte. The Single Life Annuity is for individual investors without dependents; Last Survivor and the Joint Life Annuity are designed for couples; Life Annuity with a Guarantee option is for anyone.
Lewisporte has a public annuity policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.