Get a free life insurance quote at Canada Life Insurance

About Canadian Annuities :

Annuity is a simple financial product that provides a steady source of income following a single lump sum investment. The investment is made to an insurance company that in turn pays a guaranteed income, that includes interest and principal, to the annuity holder.

What types of annuities are there?

  • Immediate Life Annuity - An annuity that is paid for in one lump sum, and pays out over a long period of time. This type of annuity takes effect immediately. More Info

  • Variable Life Annuity - The value of the annuity will change based on its underlying investment performance. This allows the annuity to accumulate in value. More Info

  • Fixed Life Annuity - An annuity that provides a guaranteed interest rate for a fixed period of time, allowing for predictable growth and reliable payout. More Info

  • Ordinary Life Annuity – The payments are guaranteed for life, and end on the policy holder’s death. More Info

  • Guaranteed Life Annuity - The payments under this annuity are guaranteed for a set number of years, and continue to be paid to a beneficiary in the event the policy holder dies before it ends. More Info

  • Joint and Last Survivor Annuity – An annuity endorsed by two parties. Payable to both parties during the policy’s life. Should one policy holder die, the remainder is paid to the survivor. More Info

Please complete a short enquiry form to get a free, no obligation annuity quote. There is no charge for our services and you are under no obligation to accept the quotes you receive.

Compare Canadian Life Insurance

Your Requirements:
Cover for: You You & Your Partner
Type of Cover:
Amount of Cover:
About You:
Title & First Name:
Last Name:
Date of Birth:
Do you smoke? Yes No
Your Contact Details:
Primary Phone:
Please read our  Terms of Use  and  Privacy Policy.

Copyright © 2014 All rights reserved. is a division of Insurance Supermarket Inc.
This is not the official website of The Canada Life Assurance Company