High interest savings accounts: savings accounts paying relatively higher rate of interest.

We recommend the Manulife Advantage Account – A combined chequing and savings account with high interest that gives you:

• Flexibility with higher interest rate
• Free unlimited everyday banking transactions with a minimum $1,000 balance
• Bank anywhere, anytime with online & mobile banking
• Access your money at over 3,700 ABMs across Canada

We also offer US Dollar Savings accounts.

If you would like to receive more information, please contact us.

Can’t wait?  Click here to Open an account today

A Guaranteed Investment Certificate (GIC): guarantees interests and returns your original investment at the end of the term. GICs are secure investments with little risk.

Key features and benefits:

• Fully guaranteed principal
• Compound, Simple and Daily Interest Options
• Variety of term options
• Enhanced interest rates depending on total policy value
• Valuable estate planning benefits and tax advantages
• Potential creditor protection
• Investment protection through Assuris

We can offer the following GICs:

• Cashable or non-cashable
• Short-term deposits – 30 days to 364 days
• From 1 year up to 10 year terms
• For Non-Registered, RRSP, TFSA accounts

For quotes on GIC rates, please contact our Advisors.

Life Annuity: insurance product providing an income. You invest once and receive a guaranteed income for either a specified period or lifelong period of one or two individuals.

This annuity may be used to ensure regular and sufficient income for your living expenses. It provides security and stability.

Here are some features of an annuity:

• Guaranteed income for life or for a specified period
• Protection against market fluctuations (e.g. : stock market, interest rates)
• Indexed annuity option (protection against inflation) available
• No investment management
• Possibility for favourable tax status
• Limited options for your heirs to receive a death benefit

Type of Annuities:

• Joint and Last Survivor Annuities with a guaranteed period pay a guaranteed income for life to you and your spouse, as long as one of you survives. If either die by the guaranteed period, the insurance company will continue paying the income to your named beneficiary until the end of the guaranteed period.
• Single Life Annuities with a guaranteed period pay you a guaranteed income for life. If you die before the end of the guaranteed period, the insurance company will continue paying the income to your named beneficiary until the end of the guaranteed period.
• Single Life Annuities pay you guaranteed income for as long as you live. There are no payments made after your death.
• Term Certain Annuities pay you a guaranteed income for a specific term only. If you die before the end of the term, the insurance company will continue paying the income to your named beneficiary until the end of the term. You can choose a term from 10 years up to age 90.

Want to learn more about annuities? Contact our Advisors. They will help you choose the best strategy for your current situation.