|
Samples of Life Annuity Quotes
| Annuity Survey Details |
| Prepared By |
Ivon T Hughes |
| Annuitant's Province |
Quebec |
| Name |
Client |
| Birth Date |
July 24, 1938 |
| Sex |
Female |
| Annuity Type |
Single Life |
| Fund Type |
RRSP |
| Guarantee Period |
10 Years |
| Premium |
$46,000.00 |
| Purchase Date |
April 1, 2008 |
| Payment Frequency |
Monthly |
| Income Start Date |
May 1, 2008 |
| Death Benefit Before Payments Begin: Guaranteed payments when due |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
| 1 |
Great-West Life |
$287.24 |
$287.24 |
Not binding |
|
| 2 |
Equitable Life |
$286.63 |
$286.63 |
Not guaranteed |
|
| 3 |
Canada Life |
$285.49 |
$285.49 |
Not binding |
|
| |
Financial Institution |
Reasons For Not Quoting |
| |
Bank of Nova Scotia |
Single life annuities are not offered. |
| |
Manulife Investments |
Death benefit before payments begin 'Guaranteed payments when due' is not offered. |
| Death Benefit Before Payments Begin: Return of premium |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
Death Benefit
Interest Rate |
| 1 |
AIG Life of Canada |
$297.77 |
$297.77 |
Not guaranteed |
See below |
.00000% |
| 2 |
Transamerica Life Canada |
$292.88 |
$292.88 |
Not guaranteed |
|
.00000% |
| 3 |
Desjardins Financial Security |
$292.71 |
$292.71 |
Not binding |
See below |
.00000% |
| 4 |
Empire Life |
$290.04 |
$290.04 |
Not guaranteed |
|
5.00000% |
| 5 |
Standard Life |
$290.01 |
$290.01 |
Not guaranteed |
|
5.00000% |
| 6 |
Manulife Investments |
$289.18 |
$289.18 |
Not binding |
See below |
.00000% |
| 7 |
Great-West Life |
$287.13 |
$287.13 |
Not binding |
See below |
.00000% |
| 8 |
Sun Life Assurance Company of Canada |
$286.44 |
$286.44 |
Not guaranteed |
See below |
.00000% |
| 9 |
Canada Life |
$285.37 |
$285.37 |
Not binding |
See below |
.00000% |
| Annuity Survey Details |
| Prepared By |
Ivon T Hughes |
| Annuitant's Province |
Quebec |
| Name |
Client |
| Birth Date |
July 24, 1938 |
| Sex |
Female |
| Annuity Type |
Single Life |
| Fund Type |
RRSP |
| Guarantee Period |
10 Years |
| Premium |
$33,000.00 |
| Purchase Date |
April 1, 2008 |
| Payment Frequency |
Monthly |
| Income Start Date |
May 1, 2008 |
| Death Benefit Before Payments Begin: Guaranteed payments when due |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
| 1 |
Great-West Life |
$205.41 |
$205.41 |
Not binding |
|
| 2 |
Equitable Life |
$203.74 |
$203.74 |
Not guaranteed |
|
| 3 |
Canada Life |
$203.39 |
$203.39 |
Not binding |
|
| |
Financial Institution |
Reasons For Not Quoting |
| |
Bank of Nova Scotia |
Single life annuities are not offered. |
| |
Manulife Investments |
Death benefit before payments begin 'Guaranteed payments when due' is not offered. |
| Death Benefit Before Payments Begin: Return of premium |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
Death Benefit
Interest Rate |
| 1 |
AIG Life of Canada |
$213.05 |
$213.05 |
Not guaranteed |
See below |
.00000% |
| 2 |
Transamerica Life Canada |
$209.72 |
$209.72 |
Not guaranteed |
|
.00000% |
| 3 |
Desjardins Financial Security |
$209.23 |
$209.23 |
Not binding |
See below |
.00000% |
| 4 |
Empire Life |
$207.71 |
$207.71 |
Not guaranteed |
|
5.00000% |
| 5 |
Manulife Investments |
$206.80 |
$206.80 |
Not binding |
See below |
.00000% |
| 6 |
Standard Life |
$206.21 |
$206.21 |
Not guaranteed |
|
5.00000% |
| 7 |
Great-West Life |
$205.33 |
$205.33 |
Not binding |
See below |
.00000% |
| 8 |
Canada Life |
$203.31 |
$203.31 |
Not binding |
See below |
.00000% |
| 9 |
Sun Life Assurance Company of Canada |
$202.83 |
$202.83 |
Not guaranteed |
See below |
.00000% |
| Annuity Survey Details |
| Prepared By |
Ivon T Hughes |
| Annuitant's Province |
Ontario |
| Name |
Client |
| Birth Date |
April 29, 1945 |
| Sex |
Male |
| Annuity Type |
Single Life |
| Fund Type |
Non-Registered - Prescribed |
| Guarantee Period |
27 Years |
| Income |
$6,750.00 |
| Purchase Date |
June 15, 2008 |
| Payment Frequency |
Monthly |
| Income Start Date |
July 15, 2008 |
| Death Benefit Before Payments Begin: Guaranteed payments when due |
| Rank |
Financial Institution |
Single
Premium |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
| 1 |
Manulife Investments |
$1,305,638.71 |
$2,836.21 |
Not guaranteed |
|
| |
Financial Institution |
Reasons For Not Quoting |
| |
Canada Life |
The Premium calculated is too high. |
| |
Equitable Life |
The Income entered is too high. |
| |
Great-West Life |
The Premium calculated is too high. |
| |
Sun Life Assurance Company of Canada |
The Premium calculated is too high. |
| Death Benefit Before Payments Begin: Return of premium |
| Rank |
Financial Institution |
Single
Premium |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
Death Benefit
Interest Rate |
| 1 |
Manulife Investments |
$1,305,682.01 |
$2,836.09 |
Not guaranteed |
See below |
.00000% |
| 2 |
Standard Life |
$1,316,853.77 |
$2,797.78 |
Not binding |
|
5.00000% |
| Annuity Survey Details |
| Prepared By |
Ivon T Hughes |
| Annuitant's Province |
Ontario |
| Name |
Client |
| Birth Date |
November 2, 1946 |
| Sex |
Female |
| Annuity Type |
Single Life |
| Fund Type |
Non-Registered - Prescribed |
| Guarantee Period |
29 Years |
| Income |
$6,750.00 |
| Purchase Date |
June 15, 2008 |
| Payment Frequency |
Monthly |
| Income Start Date |
July 15, 2008 |
| Death Benefit Before Payments Begin: Guaranteed payments when due |
| Rank |
Financial Institution |
Single
Premium |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
| 1 |
Manulife Investments |
$1,341,663.30 |
$3,035.54 |
Not guaranteed |
|
| |
Financial Institution |
Reasons For Not Quoting |
| |
Canada Life |
The Premium calculated is too high. |
| |
Equitable Life |
The Income entered is too high. |
| |
Great-West Life |
The Premium calculated is too high. |
| |
Sun Life Assurance Company of Canada |
The Premium calculated is too high. |
| Death Benefit Before Payments Begin: Return of premium |
| Rank |
Financial Institution |
Single
Premium |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
Death Benefit
Interest Rate |
| 1 |
Manulife Investments |
$1,341,688.09 |
$3,035.47 |
Not guaranteed |
See below |
.00000% |
| 2 |
Standard Life |
$1,374,718.40 |
$2,938.65 |
Not binding |
|
5.00000% |
| Annuity Survey Details |
| Prepared By |
Ivon T Hughes |
| Annuitant's Province |
Ontario |
| Primary Annuitant |
| Name |
Client 1 |
| Birth Date |
May 13, 1935 |
| Sex |
Male |
| Continuation |
100.000% |
| Secondary Annuitant |
| Name |
Client 2 |
| Birth Date |
November 30, 1937 |
| Sex |
Female |
| Continuation |
100.000% |
| Annuity Type |
Joint Life |
| Joint Type |
Non-reducing |
| Fund Type |
RRSP |
| Guarantee Period |
10 Years |
| Premium |
$71,000.00 |
| Purchase Date |
June 1, 2008 |
| Payment Frequency |
Annual |
| Income Start Date |
June 1, 2009 |
| Death Benefit Before Payments Begin: Guaranteed payments when due |
| Rank |
Financial Institution |
Annual
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
| 1 |
Equitable Life |
$5,143.87 |
$5,143.87 |
Not guaranteed |
|
| |
Financial Institution |
Reasons For Not Quoting |
| |
Canada Life |
The Primary Annuitant is too old at the Purchase Date. |
| |
Great-West Life |
The Primary Annuitant is too old at the Purchase Date. |
| |
Manulife Investments |
Death benefit before payments begin 'Guaranteed payments when due' is not offered. |
| Death Benefit Before Payments Begin: Return of premium |
| Rank |
Financial Institution |
Annual
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
Death Benefit
Interest Rate |
| 1 |
AIG Life of Canada |
$5,460.29 |
$5,460.29 |
Not guaranteed |
See below |
.00000% |
| 2 |
Desjardins Financial Security |
$5,358.28 |
$5,358.28 |
Not binding |
See below |
.00000% |
| 3 |
Manulife Investments |
$5,345.14 |
$5,345.14 |
Not guaranteed |
See below |
.00000% |
| 4 |
Sun Life Assurance Company of Canada |
$5,297.42 |
$5,297.42 |
Not guaranteed |
See below |
.00000% |
| 5 |
Standard Life |
$5,286.67 |
$5,286.67 |
Not guaranteed |
See below |
5.00000% |
| 6 |
Transamerica Life Canada |
$5,286.62 |
$5,286.62 |
Not guaranteed |
See below |
.00000% |
| 7 |
Empire Life |
$5,191.49 |
$5,191.49 |
Not guaranteed |
See below |
5.00000% |
| |
Financial Institution |
Notes |
| |
AIG Life of Canada |
If death occurs after the income start date, the remaining guaranteed annuity |
| |
|
payments will be commuted and paid in one lump sum to the beneficiary. |
| |
|
The Premium will be returned on the second death, if both annuitants die before payments begin. |
| |
Desjardins Financial Security |
Other death benefit interest rates are available from the quoted company. |
| |
|
The Premium will be returned on the first death, if one of the annuitants dies before payments begin. |
| |
Empire Life |
The Premium will be returned on the second death, if both annuitants die before payments begin. |
| |
Manulife Investments |
Other death benefit interest rates are available from the quoted company. |
| |
|
The Premium will be returned if the Primary Annuitant dies before payments begin. |
| |
Standard Life |
If one of the annuitants dies before payments begin, the annuity will be converted to a Single Life annuity. |
| |
|
The Premium will be returned on the second death, if both annuitants die before payments begin. |
| |
Sun Life Assurance Company of Canada |
Other death benefit interest rates are available from the quoted company. |
| |
|
The Premium will be returned on the second death, if both annuitants die before payments begin. |
| |
Transamerica Life Canada |
The Premium will be returned on the second death, if both annuitants die before payments begin. |
| |
Financial Institution |
Reasons For Not Quoting |
| |
Canada Life |
The Primary Annuitant is too old at the Purchase Date. |
| |
Great-West Life |
The Primary Annuitant is too old at the Purchase Date. |
| Annuity Survey Details |
| Prepared By |
Ivon T Hughes |
| Annuitant's Province |
Saskatchewan |
| Name |
Client |
| Birth Date |
July 28, 1943 |
| Sex |
Female |
| Annuity Type |
Single Life |
| Fund Type |
Non-Registered - Prescribed |
| Guarantee Period |
25 Years |
| Premium |
$61,000.00 |
| Purchase Date |
July 1, 2008 |
| Payment Frequency |
Monthly |
| Income Start Date |
August 1, 2008 |
| Death Benefit Before Payments Begin: Guaranteed payments when due |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
| 1 |
Manulife Investments |
$316.81 |
$124.26 |
Not binding |
|
| 2 |
Great-West Life |
$314.89 |
$122.33 |
Not binding |
|
| 3 |
Sun Life Assurance Company of Canada |
$312.87 |
$120.31 |
Not binding |
|
| 4 |
Canada Life |
$311.90 |
$119.34 |
Not binding |
|
| 5 |
Equitable Life |
$307.77 |
$114.93 |
Not binding |
|
| Death Benefit Before Payments Begin: Return of premium |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
Death Benefit
Interest Rate |
| 1 |
Manulife Investments |
$316.80 |
$124.25 |
Not binding |
See below |
.00000% |
| 2 |
Great-West Life |
$314.87 |
$122.31 |
Not binding |
See below |
.00000% |
| 3 |
Sun Life Assurance Company of Canada |
$312.85 |
$120.29 |
Not binding |
See below |
.00000% |
| 4 |
Canada Life |
$311.88 |
$119.32 |
Not binding |
See below |
.00000% |
| 5 |
Standard Life |
$307.88 |
$115.04 |
Not binding |
|
5.00000% |
| 6 |
Desjardins Financial Security |
$302.22 |
$109.38 |
Not binding |
See below |
.00000% |
| 7 |
Transamerica Life Canada |
$299.06 |
$106.08 |
Not binding |
|
.00000% |
| 8 |
Empire Life |
$292.21 |
$99.65 |
Not binding |
|
5.00000% |
| |
Financial Institution |
Notes |
| |
Canada Life |
Other death benefit interest rates are available from the quoted company. |
| |
Desjardins Financial Security |
Other death benefit interest rates are available from the quoted company. |
| |
Great-West Life |
Other death benefit interest rates are available from the quoted company. |
| |
Manulife Investments |
Other death benefit interest rates are available from the quoted company. |
| |
Sun Life Assurance Company of Canada |
Other death benefit interest rates are available from the quoted company. |
| |
Financial Institution |
Reasons For Not Quoting |
| |
AIG Life of Canada |
The Guarantee Period entered is too long. |
| Annuity Survey Details |
| Prepared By |
Ivon T Hughes |
| Annuitant's Province |
Ontario |
| Name |
Client |
| Birth Date |
July 13, 1951 |
| Sex |
Male |
| Annuity Type |
Single Life |
| Fund Type |
RRSP |
| Guarantee Period |
33 Years |
| Premium |
$280,000.00 |
| Purchase Date |
November 1, 2008 |
| Payment Frequency |
Monthly |
| Income Start Date |
December 1, 2008 |
| Death Benefit Before Payments Begin: Guaranteed payments when due |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
| 1 |
Great-West Life |
$1,316.18 |
$1,316.18 |
Not binding |
|
| 2 |
Canada Life |
$1,312.89 |
$1,312.89 |
Not binding |
|
| |
Financial Institution |
Reasons For Not Quoting |
| |
Equitable Life |
The Guarantee Period entered is too long. |
| |
Manulife Investments |
The Guarantee Period entered is too long. |
| Death Benefit Before Payments Begin: Return of premium |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
Death Benefit
Interest Rate |
| 1 |
Sun Life Assurance Company of Canada |
$1,365.55 |
$1,365.55 |
Not binding |
See below |
.00000% |
| 2 |
Great-West Life |
$1,316.15 |
$1,316.15 |
Not binding |
See below |
.00000% |
| 3 |
Canada Life |
$1,312.85 |
$1,312.85 |
Not binding |
See below |
.00000% |
| 4 |
Desjardins Financial Security |
$1,264.24 |
$1,264.24 |
Not binding |
See below |
.00000% |
| 5 |
Transamerica Life Canada |
$1,248.36 |
$1,248.36 |
Not binding |
|
.00000% |
| 6 |
Empire Life |
$1,240.97 |
$1,240.97 |
Not binding |
|
5.00000% |
| |
Financial Institution |
Notes |
| |
Canada Life |
Other death benefit interest rates are available from the quoted company. |
| |
Desjardins Financial Security |
Other death benefit interest rates are available from the quoted company. |
| |
Great-West Life |
Other death benefit interest rates are available from the quoted company. |
| |
Sun Life Assurance Company of Canada |
Other death benefit interest rates are available from the quoted company. |
| |
Financial Institution |
Reasons For Not Quoting |
| |
AIG Life of Canada |
The Guarantee Period entered is too long. |
| |
Manulife Investments |
The Guarantee Period entered is too long. |
| |
Standard Life |
The Guarantee Period entered is too long. |
| Annuity Survey Details |
| Annuitant's Province |
British Columbia |
| Name |
Client |
| Birth Date |
January 15, 1940 |
| Sex |
Male |
| Annuity Type |
Single Life |
| Fund Type |
Non-Registered - Prescribed |
| Guarantee Period |
20 Years |
| Premium |
$50,000.00 |
| Purchase Date |
June 1, 2008 |
| Payment Frequency |
Monthly |
| Income Start Date |
July 1, 2008 |
| Death Benefit Before Payments Begin: Guaranteed payments when due |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
| 1 |
Sun Life Assurance Company of Canada |
$290.40 |
$94.78 |
MAY-12-2008 |
|
| 2 |
Manulife Investments |
$286.45 |
$90.84 |
MAY-08-2008 |
|
| 3 |
Great-West Life |
$285.52 |
$89.90 |
Not binding |
|
| 4 |
Equitable Life |
$284.61 |
$89.42 |
Not binding |
|
| 5 |
Canada Life |
$282.65 |
$87.03 |
Not binding |
|
| Death Benefit Before Payments Begin: Return of premium |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
Death Benefit
Interest Rate |
| 1 |
Sun Life Assurance Company of Canada |
$290.36 |
$94.74 |
MAY-12-2008 |
See below |
.00000% |
| 2 |
AIG Life of Canada |
$290.34 |
$95.01 |
Not binding |
See below |
.00000% |
| 3 |
Manulife Investments |
$286.42 |
$90.80 |
MAY-08-2008 |
See below |
.00000% |
| 4 |
Great-West Life |
$285.48 |
$89.86 |
Not binding |
See below |
.00000% |
| 5 |
Standard Life |
$282.72 |
$87.53 |
Not binding |
|
5.00000% |
| 6 |
Canada Life |
$282.61 |
$86.99 |
Not binding |
See below |
.00000% |
| 7 |
Desjardins Financial Security |
$282.38 |
$87.19 |
Not binding |
See below |
.00000% |
| 8 |
Transamerica Life Canada |
$281.74 |
$86.38 |
Not binding |
|
.00000% |
| 9 |
Empire Life |
$269.48 |
$73.86 |
Not binding |
|
5.00000% |
| |
Financial Institution |
Notes |
| |
AIG Life of Canada |
If death occurs after the income start date, the remaining guaranteed annuity |
| |
|
payments will be commuted and paid in one lump sum to the beneficiary. |
| |
Canada Life |
Other death benefit interest rates are available from the quoted company. |
| |
Desjardins Financial Security |
Other death benefit interest rates are available from the quoted company. |
| |
Great-West Life |
Other death benefit interest rates are available from the quoted company. |
| |
Manulife Investments |
Other death benefit interest rates are available from the quoted company. |
| |
Sun Life Assurance Company of Canada |
Other death benefit interest rates are available from the quoted company. |
| Annuity Survey Details |
| Prepared By |
Ivon T Hughes |
| Annuitant's Province |
Saskatchewan |
| Name |
Client |
| Birth Date |
January 3, 1943 |
| Sex |
Female |
| Annuity Type |
Single Life |
| Fund Type |
RRSP |
| Guarantee Period |
15 Years |
| Premium |
$195,000.00 |
| Purchase Date |
July 1, 2008 |
| Payment Frequency |
Monthly |
| Income Start Date |
August 1, 2008 |
| Death Benefit Before Payments Begin: Guaranteed payments when due |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
| 1 |
Great-West Life |
$1,116.57 |
$1,116.57 |
Not binding |
|
| 2 |
Canada Life |
$1,113.52 |
$1,113.52 |
Not binding |
|
| 3 |
Equitable Life |
$1,111.47 |
$1,111.47 |
Not binding |
|
| |
Financial Institution |
Reasons For Not Quoting |
| |
Manulife Investments |
Death benefit before payments begin 'Guaranteed payments when due' is not offered. |
| Death Benefit Before Payments Begin: Return of premium |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
Death Benefit
Interest Rate |
| 1 |
AIG Life of Canada |
$1,132.45 |
$1,132.45 |
Not binding |
See below |
.00000% |
| 2 |
Manulife Investments |
$1,131.81 |
$1,131.81 |
Not binding |
See below |
.00000% |
| 3 |
Sun Life Assurance Company of Canada |
$1,120.84 |
$1,120.84 |
Not binding |
See below |
.00000% |
| 4 |
Great-West Life |
$1,116.38 |
$1,116.38 |
Not binding |
See below |
.00000% |
| 5 |
Canada Life |
$1,113.33 |
$1,113.33 |
Not binding |
See below |
.00000% |
| 6 |
Standard Life |
$1,108.84 |
$1,108.84 |
Not binding |
|
5.00000% |
| 7 |
Desjardins Financial Security |
$1,095.79 |
$1,095.79 |
Not binding |
See below |
.00000% |
| 8 |
Empire Life |
$1,085.79 |
$1,085.79 |
Not binding |
|
5.00000% |
| 9 |
Transamerica Life Canada |
$1,072.68 |
$1,072.68 |
Not binding |
|
.00000% |
| |
Financial Institution |
Notes |
| |
AIG Life of Canada |
If death occurs after the income start date, the remaining guaranteed annuity |
| |
|
payments will be commuted and paid in one lump sum to the beneficiary. |
| |
Canada Life |
Other death benefit interest rates are available from the quoted company. |
| |
Desjardins Financial Security |
Other death benefit interest rates are available from the quoted company. |
| |
Great-West Life |
Other death benefit interest rates are available from the quoted company. |
| |
Manulife Investments |
Other death benefit interest rates are available from the quoted company. |
| |
Sun Life Assurance Company of Canada |
Other death benefit interest rates are available from the quoted company. |
| Annuity Survey Details |
| Prepared By |
Ivon T Hughes |
| Annuitant's Province |
British Columbia |
| Name |
Client |
| Birth Date |
June 11, 1936 |
| Sex |
Female |
| Annuity Type |
Single Life |
| Fund Type |
Non-Registered - Prescribed |
| Guarantee Period |
18 Years |
| Premium |
$250,000.00 |
| Purchase Date |
July 1, 2008 |
| Payment Frequency |
Monthly |
| Income Start Date |
August 1, 2008 |
| Death Benefit Before Payments Begin: Guaranteed payments when due |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
| 1 |
Sun Life Assurance Company of Canada |
$1,545.71 |
$477.33 |
Not binding |
|
| 2 |
Manulife Investments |
$1,512.61 |
$444.23 |
Not binding |
|
| 3 |
Equitable Life |
$1,500.95 |
$431.47 |
Not binding |
|
| 4 |
Great-West Life |
$1,496.82 |
$428.44 |
Not binding |
|
| 5 |
Canada Life |
$1,493.75 |
$425.37 |
Not binding |
|
| Death Benefit Before Payments Begin: Return of premium |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
Death Benefit
Interest Rate |
| 1 |
Sun Life Assurance Company of Canada |
$1,545.54 |
$477.16 |
Not binding |
See below |
.00000% |
| 2 |
Standard Life |
$1,530.87 |
$461.39 |
Not binding |
|
5.00000% |
| 3 |
AIG Life of Canada |
$1,527.97 |
$457.53 |
Not binding |
See below |
.00000% |
| 4 |
Manulife Investments |
$1,512.43 |
$444.05 |
Not binding |
See below |
.00000% |
| 5 |
Great-West Life |
$1,496.62 |
$428.24 |
Not binding |
See below |
.00000% |
| 6 |
Canada Life |
$1,493.55 |
$425.17 |
Not binding |
See below |
.00000% |
| 7 |
Desjardins Financial Security |
$1,488.98 |
$419.50 |
Not binding |
See below |
.00000% |
| 8 |
Transamerica Life Canada |
$1,482.77 |
$412.20 |
Not binding |
|
.00000% |
| 9 |
Empire Life |
$1,433.44 |
$365.06 |
Not binding |
|
5.00000% |
| |
Financial Institution |
Notes |
| |
AIG Life of Canada |
If death occurs after the income start date, the remaining guaranteed annuity |
| |
|
payments will be commuted and paid in one lump sum to the beneficiary. |
| |
Canada Life |
Other death benefit interest rates are available from the quoted company. |
| |
Desjardins Financial Security |
Other death benefit interest rates are available from the quoted company. |
| |
Great-West Life |
Other death benefit interest rates are available from the quoted company. |
| |
Manulife Investments |
Other death benefit interest rates are available from the quoted company. |
| |
Sun Life Assurance Company of Canada |
Other death benefit interest rates are available from the quoted company. |
| Annuity Survey Details |
| Prepared By |
Ivon T Hughes |
| Annuitant's Province |
Ontario |
| Primary Annuitant |
| Name |
Client 1 |
| Birth Date |
August 6, 1956 |
| Sex |
Female |
| Continuation |
100.000% |
| Secondary Annuitant |
| Name |
Client 2 |
| Birth Date |
January 31, 1933 |
| Sex |
Male |
| Continuation |
100.000% |
| Annuity Type |
Joint Life |
| Joint Type |
Non-reducing |
| Fund Type |
RRSP |
| Guarantee Period |
15 Years |
| Premium |
$400,000.00 |
| Purchase Date |
July 1, 2008 |
| Payment Frequency |
Monthly |
| Income Start Date |
August 1, 2008 |
| Death Benefit Before Payments Begin: Guaranteed payments when due |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
| 1 |
Equitable Life |
$1,839.61 |
$1,839.61 |
Not binding |
|
| |
Financial Institution |
Reasons For Not Quoting |
| |
Canada Life |
The Secondary Annuitant is too old at the Purchase Date. |
| |
Great-West Life |
The Secondary Annuitant is too old at the Purchase Date. |
| |
Manulife Investments |
Death benefit before payments begin 'Guaranteed payments when due' is not offered. |
| Death Benefit Before Payments Begin: Return of premium |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
Death Benefit
Interest Rate |
| 1 |
Sun Life Assurance Company of Canada |
$1,940.40 |
$1,940.40 |
Not binding |
See below |
.00000% |
| 2 |
AIG Life of Canada |
$1,907.37 |
$1,907.37 |
Not binding |
See below |
.00000% |
| 3 |
Standard Life |
$1,852.48 |
$1,852.48 |
Not binding |
See below |
5.00000% |
| 4 |
Desjardins Financial Security |
$1,845.70 |
$1,845.70 |
Not binding |
See below |
.00000% |
| 5 |
Empire Life |
$1,839.04 |
$1,839.04 |
Not binding |
See below |
5.00000% |
| 6 |
Manulife Investments |
$1,803.24 |
$1,803.24 |
Not binding |
See below |
.00000% |
| Annuity Survey Details |
| Prepared By |
Ivon T Hughes |
| Annuitant's Province |
Ontario |
| Primary Annuitant |
| Name |
Client 1 |
| Birth Date |
December 14, 1940 |
| Sex |
Male |
| Continuation |
100.000% |
| Secondary Annuitant |
| Name |
Client 2 |
| Birth Date |
November 1, 1944 |
| Sex |
Female |
| Continuation |
100.000% |
| Annuity Type |
Joint Life |
| Joint Type |
Non-reducing |
| Fund Type |
RRSP |
| Guarantee Period |
0 Years |
| Premium |
$200,000.00 |
| Purchase Date |
May 15, 2008 |
| Payment Frequency |
Monthly |
| Income Start Date |
June 15, 2008 |
| Death Benefit Before Payments Begin: None |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
| 1 |
Canada Life |
$1,096.55 |
$1,096.55 |
Not binding |
See below |
| 2 |
Equitable Life |
$1,072.69 |
$1,072.69 |
Not guaranteed |
|
| |
Financial Institution |
Notes |
| |
Canada Life |
If death occurs before payments begin, payment will start when due if one annuitant is still alive. |
| |
Financial Institution |
Reasons For Not Quoting |
| |
Great-West Life |
The Guarantee Period entered is too short. |
| |
Manulife Investments |
The Guarantee Period entered is too short. |
| Death Benefit Before Payments Begin: Return of premium |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
Death Benefit
Interest Rate |
| 1 |
Canada Life |
$1,096.55 |
$1,096.55 |
Not binding |
See below |
.00000% |
| 2 |
AIG Life of Canada |
$1,086.44 |
$1,086.44 |
MAY-06-2008 23:59:00 |
See below |
.00000% |
| 3 |
Sun Life Assurance Company of Canada |
$1,071.94 |
$1,071.94 |
MAY-07-2008 |
See below |
.00000% |
| 4 |
Standard Life |
$1,059.61 |
$1,059.61 |
Not guaranteed |
See below |
5.00000% |
| 5 |
Desjardins Financial Security |
$1,052.65 |
$1,052.65 |
MAY-06-2008 |
See below |
.00000% |
| 6 |
Empire Life |
$1,048.98 |
$1,048.98 |
MAY-05-2008 |
See below |
5.00000% |
| 7 |
Transamerica Life Canada |
$1,033.24 |
$1,033.24 |
MAY-05-2008 |
See below |
.00000% |
| Annuity Survey Details |
| Prepared By |
Ivon T Hughes |
| Annuitant's Province |
Ontario |
| Primary Annuitant |
| Name |
Client 1 |
| Birth Date |
December 14, 1940 |
| Sex |
Male |
| Continuation |
100.000% |
| Secondary Annuitant |
| Name |
Client 2 |
| Birth Date |
November 1, 1944 |
| Sex |
Female |
| Continuation |
100.000% |
| Annuity Type |
Joint Life |
| Joint Type |
Non-reducing |
| Fund Type |
RRSP |
| Guarantee Period |
0 Years |
| Premium |
$200,000.00 |
| Purchase Date |
May 15, 2008 |
| Payment Frequency |
Monthly |
| Income Start Date |
June 15, 2008 |
| Death Benefit Before Payments Begin: None |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
| 1 |
Canada Life |
$1,096.55 |
$1,096.55 |
Not binding |
See below |
| 2 |
Equitable Life |
$1,072.69 |
$1,072.69 |
Not guaranteed |
|
| |
Financial Institution |
Notes |
| |
Canada Life |
If death occurs before payments begin, payment will start when due if one annuitant is still alive. |
| |
Financial Institution |
Reasons For Not Quoting |
| |
Great-West Life |
The Guarantee Period entered is too short. |
| |
Manulife Investments |
The Guarantee Period entered is too short. |
| Death Benefit Before Payments Begin: Return of premium |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
Death Benefit
Interest Rate |
| 1 |
Canada Life |
$1,096.55 |
$1,096.55 |
Not binding |
See below |
.00000% |
| 2 |
AIG Life of Canada |
$1,086.44 |
$1,086.44 |
MAY-06-2008 23:59:00 |
See below |
.00000% |
| 3 |
Sun Life Assurance Company of Canada |
$1,071.94 |
$1,071.94 |
MAY-07-2008 |
See below |
.00000% |
| 4 |
Standard Life |
$1,059.61 |
$1,059.61 |
Not guaranteed |
See below |
5.00000% |
| 5 |
Desjardins Financial Security |
$1,052.65 |
$1,052.65 |
MAY-06-2008 |
See below |
.00000% |
| 6 |
Empire Life |
$1,048.98 |
$1,048.98 |
MAY-05-2008 |
See below |
5.00000% |
| 7 |
Transamerica Life Canada |
$1,033.24 |
$1,033.24 |
MAY-05-2008 |
See below |
.00000% |
| Annuity Survey Details |
| Prepared By |
Ivon T Hughes |
| Annuitant's Province |
Ontario |
| Primary Annuitant |
| Name |
Client 1 |
| Birth Date |
January 31, 1933 |
| Sex |
Male |
| Continuation |
100.000% |
| Secondary Annuitant |
| Name |
Client 2 |
| Birth Date |
August 6, 1956 |
| Sex |
Female |
| Continuation |
100.000% |
| Annuity Type |
Joint Life |
| Joint Type |
Non-reducing |
| Fund Type |
RRSP |
| Guarantee Period |
15 Years |
| Premium |
$400,000.00 |
| Purchase Date |
July 1, 2008 |
| Payment Frequency |
Monthly |
| Income Start Date |
August 1, 2008 |
| Death Benefit Before Payments Begin: Guaranteed payments when due |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
| 1 |
Equitable Life |
$1,806.95 |
$1,806.95 |
Not binding |
|
| |
Financial Institution |
Reasons For Not Quoting |
| |
Canada Life |
The Primary Annuitant is too old at the Purchase Date. |
| |
Great-West Life |
The Primary Annuitant is too old at the Purchase Date. |
| |
Manulife Investments |
Death benefit before payments begin 'Guaranteed payments when due' is not offered. |
| Death Benefit Before Payments Begin: Return of premium |
| Rank |
Financial Institution |
Monthly
Income |
Taxable
Portion |
Guaranteed
To End Of |
Notes |
Death Benefit
Interest Rate |
| 1 |
Sun Life Assurance Company of Canada |
$1,938.50 |
$1,938.50 |
Not binding |
See below |
.00000% |
| 2 |
AIG Life of Canada |
$1,907.37 |
$1,907.37 |
Not binding |
See below |
.00000% |
| 3 |
Standard Life |
$1,852.48 |
$1,852.48 |
Not binding |
See below |
5.00000% |
| 4 |
Desjardins Financial Security |
$1,845.70 |
$1,845.70 |
Not binding |
See below |
.00000% |
| 5 |
Empire Life |
$1,839.04 |
$1,839.04 |
Not binding |
See below |
5.00000% |
| 6 |
Manulife Investments |
$1,801.27 |
$1,801.27 |
Not binding |
See below |
.00000% |
Get your personal annuity quote! Click Here
The Hughes Trustco Group Ltd
Tel: 514-842-9001
Fax: 514-842-1085
Toll Free: 877-842-3863
Email: info@hughestrustco.com
Website: www.hughestrustco.com
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