iA Financial Group Annuity

iA Financial Group

Annuities from iA Financial Group

iA Financial Group annuity (formerly Industrial Alliance) 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 a iA Financial Agent/Broker

The best way to learn more about annuities from iA Financial is to contact a iA Financial 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 iA Financial Group

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

    iA Financial annuity calculator
    Figure 1. iA Financial Annuity Calculator

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

    Figure 2. iA Financial Annuity Illustration

  5. Complete the iA Financial 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 iA Financial Annuity Application.

    iA Financial annuity application
    Figure 3. iA Financial 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 iA Financial.

    Figure 4. Transfer Form

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

  10. Your iA Financial 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. iA Financial Annuity Policy

Request an iA Financial Annuity Quote

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About iA Financial Group

Founded in 1892, iA Financial Insurance and Financial Services Inc. is a life and health insurance company that offers a wide range of life and health insurance products, savings and retirement plans, RRSPs, mutual and segregated funds, securities, auto and home insurance, mortgage loans and other financial products and services.

The fourth largest life and health insurance company in Canada, iA Financial is at the head of a large financial group, which has operations across Canada as well as in the United States.

(Reference: www.ia.ca)

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