This product can act as your personal pension plan and also guarantee you predictable income while also taking advantage of potential market growth.
You’ll know exactly how much income you will receive, every year, for life no matter how long you live and regardless of how the markets perform. Every three years your income base could increase through automatic resets if the market values of your investments increase.
You will also receive a 5% income base bonus every year that you don’t make a withdrawal.
Other benefits you will receive is that your net deposits are protected with the maturity and death benefit guarantees, it can offer potential protection from creditors and in the event of death, the value of your investments can bypass probate provided that you have named a beneficiary.
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