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 Grand Bank. 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.
Want to understand the key differences between a fixed annuity and a variable annuity? A fixed annuity pays out a fixed rate of income after a certain date—very simple. Conversely, the payments from a variable annuity will vary, as they depend on the performance of the underlying portfolio. If you need expert guidance and advice to help decide which option is right for you, our network of advisors in Grand Bank is here to help. We have more than 70 years of experience helping Canadians make sound investments through annuities, TFSAs, RRSPs, and more.
When you invest in an annuity in Grand Bank, you make a contract with a financial institution, like
Single Life Annuity, Joint and Last Survivor Life Annuity and Life Annuity with a Guarantee are the options available. The Single Life Annuity is for individual investors without dependents; Last Survivor and the Joint Life Annuity in Grand Bank are especially for couples; and the Life Annuity with a Guarantee option is suitable for practically everybody.
As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact,
Grand Bank has a public annuity policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.