Non-Redeemable Term Investment

For your clients who want an investment that offers a higher rate than a redeemable investment.

• Terms between 1 and 9 years
  • The term must not exceed the annuitant’s age of 95 years
  • The term must not exceed 12 months when the annuitant is over the age of 95
  • The term must not exceed the annuitant’s age of 71 years when invested in a registered accumulation contract
• Non-redeemable
• Minimum investment of $500
• Compound interest
• Eligible for RRSP/LIRA contracts and non-registered contracts

• 0.25% per year of the term, maximum of 1.25%.

• Sales Process Checklist – Term Investments and Retirement Annuities – 20016E
• "Option for the death benefit to be payable in the form of an annuity" Flyer - 17062E