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 allows you to receive regular payments after a certain period of time. The payments from a variable annuity, on the other hand, will vary according to the performance of the underlying portfolio. If you’re unsure which solution will work best for you, don’t hesitate to contact our network of expert advisors in Strathmore. We have more than 70 years of experience helping Canadians just like you make the right investment choices through annuities, RRSPs, TFSAs, and more.
Whether it's a fixed annuity or a variable annuity in Strathmore, 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 Strathmore that respect your budget.
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 Strathmore 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,
Strathmore has a public annuity policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.