Individual Growth Services
A life annuity pays a guaranteed annual amount until the death of the annuitant.
Once the annuitant dies, so does the life annuity.
Until death, can only be taken out after age 55
Guarantee term available. If death is within the guaranteed term, then the benefit continues to pay.
A portion of the monthly annuity can be used to purchase a life policy to protect the capital initially invested.
Joint or Single
Option for a single life or joint life annuity where payments stop when last annuitant dies
Annuitant can choose how the annuity increases each year.