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Canada Life Cashable Annuities
Get cash liquidity
with Canada Life
Payout Annuities.
Photo by Garry Knight
Canada Life Payout Annuities share the typical annuity benefit of sustainable, guaranteed income. Most people may avoid annuities because they lack liquidity -- until now.
Effective Dec. 14, 2010 and available on non-registered accrual annuities, the cashable feature allows access to cash*. This increases liquidity in retirement, while maintaining the conventional purpose of annuities – sustainable, guaranteed income.
* The cashable value of the policy is calculated based on the terms of the contract.
For more details on life annuities, please contact us at 1.866.899.4849 or email us at
Posted by Chantal Marr.
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