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 Comox. 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.
Are you interested in understanding the difference between a fixed annuity and a variable annuity? With a fixed annuity, you get regular payments after a set amount of time. With a variable annuity, on the other hand, payments will fluctuate based on how the underlying investments perform. If you’re unsure which option will work best with your needs and lifestyle, feel free to contact our network of expert advisors in Comox. 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 Comox, 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 selecting the right option for you, talk to 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 Comox. 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.
Contact a Co-operators Financial Advisor for a more in depth explanation or to ask any investing questions you might have.
As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact,
Comox has a public annuity policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.