Lifetime Guaranteed Income
The certainty of knowing what your minimum lifetime guaranteed income will be
Sun Lifetime Advantage GIF offers you flexibility, choice and can provide piece of mind with lifetime guaranteed income. You make decisions when you're ready – you control when you want to start taking income.
Lifetime Guaranteed Income
The certainty of knowing what your minimum lifetime guaranteed income will be
Annual Resets
Potential to increase minimum lifetime guaranteed income amount
Access to quality portfolio managers
Broad selection of funds and fund categories to choose from
Gives you the certainty of knowing what your minimum lifetime guaranteed income will be, the choice of when to start taking it and the ability for it to grow in the years leading up to retirement. Your lifetime guaranteed income amount is determined by multiplying the current market value by what the determined income rate* is at the time you start taking income.
If you choose not to start taking income immediately, your minimum lifetime guaranteed income might increase for every year you defer. Increases can happen when markets and interest rates are favourable during the years leading up to retirement. If conditions are favourable, the guaranteed income amount* can potentially increase yearly.
Choose from a broad selection of industry-leading funds. Make the most of the investment expertise of leading global portfolio managers
You can choose how you'd like us to pay the death benefit to your beneficiaries. We can do this as a lump sum payment or guaranteed payments that can last for the life of your beneficiary(s).
See how Sun Lifetime Advantage GIF can help meet your retirement investment and income goals.
Life stage need | Sun Lifetime Advantage GIF |
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Building for the future - Much of my income goes toward monthly expenses. It's hard to find time, but growing and protecting what I have is important to me. |
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Getting ready for retirement - Retirement isn't far away and I want to grow my savings. | |
In retirement - I'm retired (semi-retired). My savings, investments and pension(s) cover my basic lifestyle needs. I've saved enough for retirement, but I still have more money to invest and I want myincome to grow while I'm retired. | |
Legacy - I want to choose how my estate will be distributed. |
To learn more about how Sun Lifetime Advantage GIF can help you meet your investment goals, talk to your advisor today.
* Withdrawals reduce your guarantees. Refer to the Sun Lifetime Advantage GIF Information Folder and Contract for a complete description of the maturity guarantee.
SLGI Asset Management Inc. is the investment manager of the Sun Life family of mutual funds. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the fund’s prospectus. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
Sun Life Assurance Company of Canada is the issuer of accumulation annuities (insurance GICs), payout annuities and individual variable annuity contracts (segregated fund contracts). Any amount that is allocated to a segregated fund is invested at the risk of the contract owner and may increase or decrease in value. Sun Life Financial Trust Inc. is the issuer of guaranteed investment certificates.
Sun Life Global Investments is a trade name of SLGI Asset Management Inc., Sun Life Assurance Company of Canada and Sun Life Financial Trust Inc. all of which are members of the Sun Life group of companies.