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? In essence, a fixed annuity provides regular periodic payments after a set period of time. Conversely, the payments from a variable annuity will vary, as they depend on the performance of the underlying portfolio. If you're not sure which option will suit you best, our network of expert advisors in North Bay is ready to help. For more than 70 years, we’ve been helping Canadians invest in their future through annuities, TFSAs, RRSPs, and beyond.
When you invest in an annuity in North Bay, 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 to investors in North Bay. 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.
As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact,
North Bay has a public annuity policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.