Equitable Life Insurance: Annuity

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Annuities from Equitable Life

An Equitable Life annuity provides regular, fixed income payments for the rest of your life. If you are looking for a guaranteed monthly income stream that will continue until your death, then a life annuity is the perfect retirement option.

Talk to an Equitable Life Insurance Agent/Broker

The best way to learn more about annuities from Equitable Life is to contact a Equitable Life insurance agent or broker who speciallizes in annuity sales. An annuity broker deals with more than one company and can help you compare monthly incomes from all the different life insurance companies that sell annuities in Canada.

How to buy an annuity from Equitable Life

  1. Start by completing a Equitable Life annuity quote.
  2. Completing a Equitable Life annuity quote below is the first step in calculating your monthly income based on your personal needs.
    Click here to get an Equitable Life Annuity Quote

    equitable life annuity calculator
    Figure 1. Equitable Life Annuity Calculator

  3. Receive your Equitable Life Annuity Illustration by email.
  4. Once you submit your information, we'll calculate your annuity payout and send you the Equitable Life Annuity Illustration the same day. Here is an example of a Equitable Life Annuity Illustration.

    Figure 2. Equitable Life Annuity Illustration

  5. Complete the Equitable Life Annuity Application.
  6. After reviewing the annuity illustration, the annuity broker will take down your information and complete the annuity application for you. Here is an example of a Equitable Life Annuity Application.

    equitable life annuity application
    Figure 3. Equitable Life Annuity Application

  7. Complete the transfer form(s).
  8. The annuity broker will complete the transfer forms that are necessary. Registered funds like your RRSP, RRIF or RPP are transfered from one institution to another using a transfer form. If the funds are coming from a non-registered source the annuity broker will ask you for a cheque that is payable to Equitable Life Insurance.

    Figure 4. Transfer Form

  9. The following items are sent to Equitable Life Insurance:
    • Equitable Life Annuity Application
    • Equitable Life Annuity Illustration
    • Transfer Form (for registered funds) or
    • Cheque payable to Equitable Life Insurance (for non-registered funds)
    • Void cheque for the payment of the monthly income
    • Copy of a government issued photo ID

  10. Your Equitable Life Annuity Policy is issued and mailed.

Your annuity policy will be issued when the registered funds are transferred. Or when the non-registered funds have been cashed.

Figure 6. Equitable Life Insurance Annuity Policy

To Begin, Request An Equitable Life Annuity Quote

Enter Your Annuity Details Amount is required.

Select type of funds.

Select guarantee period.

First Annuitant Select gender.

Select day of birth. Select month of birth. Select year of birth.
Second Annuitant (not required)

Contact Details
Name is required.

Province is required.

Email is required.

Area code is required.
3 digit prefix is required. 4 digit line number is required.

Select time to contact.

About Equitable Life Insurance

Since 1920, people have been depending on Equitable Life of Canada for financial protection. As one of the largest mutual life insurance companies in Canada, Equitable Life is dedicated solely to its policyholders. Everything we do is focused on providing them with personalized service, security and wellbeing.

Through partnerships with Managing General Agencies and Advisors across Canada, we offer a wide selection of competitive Individual Life and Health, Savings and Retirement and Group Benefits products to meet a range of financial planning and health needs.

(Reference: www.equitable.ca)

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Life Annuities.com Inc. | Website: LifeAnnuities.com | Email: info@lifeannuities.com | Toll-free 1-888-970-1470