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ANNUITY Page 1 of 4 Life Annuity July 17 2017 Your information Name Annuitant Date of birth September 15 1933 Age 83 Sex Male Your projection summary Payment details First payment date September 1 2017 Payment 2 021. With a life annuity you get Guaranteed periodic income for life Shelter from market fluctuations Worry-free investment management Eligibility for pension income tax credits A reliable supplement to your Registered Retirement Income Fund RRIF Protection from Assuris against...
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How to fill out life annuity
01
Step 1: Gather all the necessary information, including your personal details and financial information.
02
Step 2: Research different life annuity providers and compare their offerings and terms.
03
Step 3: Consult with a financial advisor to understand the implications and benefits of a life annuity.
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Step 4: Choose a life annuity that suits your needs and budget.
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Step 5: Complete the application form provided by the chosen life annuity provider.
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Step 6: Submit the application along with any required documents, such as proof of identity and financial statements.
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Step 7: Wait for the approval process to be completed by the provider.
08
Step 8: Once approved, review the terms and conditions of the life annuity contract.
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Step 9: Sign the contract and make the necessary payment as agreed upon.
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Step 10: Keep a copy of the signed contract for your records.
Who needs life annuity?
01
Individuals who want a steady and guaranteed stream of income throughout their retirement years.
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Individuals who have a significant amount of retirement savings and want to ensure they won't outlive their funds.
03
Individuals who want to minimize the risk of market fluctuations affecting their retirement income.
04
Individuals who want to have the peace of mind that comes with having a fixed income for life.
05
Individuals who don't have any dependents or heirs to leave their savings to.
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