Insured Annuity

An Insured Annuity is an arrangement that involves the purchase of two contracts: a life annuity and a life insurance policy. The combination of these contracts creates a locked-in, fixed income investment that is typically attractive to individuals who are retired or approaching retirement. The objective is to provide a better after-tax rate of return than traditional fixed income investments, while preserving the capital through life insurance.


  •  Guaranteed, tax efficient income for life.
  •  Guaranteed death benefit.
  •  Annuity income qualifies for the pension income tax credit.
  •  Potential to outperform the after tax rate of return of traditional fixed income investments such as GIC’s.
  •  Worry free financial management.
  •  Potential to reduce or eliminate the Old Age Security claw back.