Non-Redeemable Term Investment

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

Features

  • 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

Compensation

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

Sales material