Like most people, you know that you need to plan for your retirement. It's a matter of insuring for the future, not just for yourself, but for your spouse, children and the people who mean the most to you.
So, what's the difference between a fixed annuity and a variable annuity? A fixed annuity pays out a fixed rate of income after a certain date—very simple. The payments from a variable annuity, on the other hand, will vary according to the performance of the underlying portfolio. If you're not sure which option will suit you best, our network of expert advisors in Bedford is ready to help. 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 Bedford, 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. We believe in providing personalized care that suits your lifestyle and individual needs, along with annuity in Bedford that respect your budget.
We provide a range of options for investors in Bedford — Single Life Annuity, Joint Life, Last Survivor Life Annuity and Life Annuity with a Guarantee. A Single Life Annuity option is for single investors with no dependents, Last Survivor and the Joint Life Annuity are tailored for couples, and Life Annuity with a Guarantee is available to everyone.
Bedford has a public annuity policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.