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Investing Choices


Safeguard Your Income For Life

Many of us dream of filling our retirement years with leisurely activities, travels around the globe or simply taking the time to enjoy life. Just because you have significant funds and income to pursue your retirement aspirations doesn't mean you're safe from outliving your savings and also reducing the assets you pass on to your loved ones. Enjoyment of your later years could be severely reduced without proper planning.

Investment solutions offered by insurance companies could help you protect your income during your lifetime while providing benefits for your estate. Life insurance policies like a guaranteed investment annuity (GIA) or if you are insurable, an insured annuity, can go a long way to protect your savings during your lifetime and beyond.

Invest For Income With A GIA

An estate-friendly equivalent to a guaranteed investment certificate (GIC) is a guaranteed investment annuity (GIA). With a GIA, you can also purchase a guaranteed rate of return with a corresponding term of maturity. The maturity term is usually one to 10 years, but can extend to 15, 20 or more. GIAs offer many advantages:

  • Choice of income paid monthly, quarterly, semi-annually or annually, or compounded
  • Ability to designate a beneficiary under the annuity contract to avoid probate and other costs (probate fees do not apply in the province of Quebec)
  • Creditor protection, providing certain criteria are met

Get The Benefits Of An Insured Annuity

An insured annuity is essentially a life annuity and a term 100 life insurance policy, purchased together. An annuity provides a guaranteed regular income stream, while a term 100 life insurance policy provides a cash payout upon death. The combination of the benefits is ideal for those seeking guaranteed income and the preservation of their capital. Benefits include:

  • Guaranteed, regular lifetime income
  • Preservation of capital
  • Ability to bypass the process and cost of probate and other estate-settlement costs

We only work with the leading companies in the insurance business to be able to bring you the most effective solutions that are right for your needs.

Make The Most Of Your Opportunities

If you're nearing the retirement phase of your life, we can provide the expertise to guide you through the myriad of insurance solutions. Your CIBC Wood Gundy Investment Advisor can introduce you to a qualified Estate Planning Specialist (Financial Security Advisor in Quebec). To find out how we can help you, use our Find An Advisor tool to contact a CIBC Wood Gundy Investment Advisor near you.

The information contained herein is considered accurate at the time of posting. CIBC and CIBC World Markets Inc. reserve the right to change any of it without prior notice. It is for general information purposes only.

Insurance services are available through CIBC Wood Gundy Financial Services Inc. In Quebec, insurance services are available through CIBC Wood Gundy Financial Services (Quebec) Inc.

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