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Guaranteed Interest Annuity

…or the insurance version of a GIC. A Guaranteed Interest Annuity (GIA) is a low-risk way to invest your hard-earned money. Right now, earn up to 4.75%¹ interest on an 12-month term or up to 5.0%² interest on a 30-month term, guaranteed.

Why choose a Serenia Life Financial Guaranteed Interest Annuity?

Our Guaranteed Interest Annuity (GIA) gives you the flexibility to invest in the short- or long-term. Here’s what else you can expect with a Serenia Life Financial GIA:

Guaranteed Return

Lock in your interest rate for a term that works for you

Flexible

Choose from an RRSP, TFSA, or RRIF plan, and save for your goals in a way that suits your needs

Freedom

To access your own money early³ if you really need it before the term is up

Guaranteed Return

Lock in your interest rate for a term that works for you

Flexible

Choose from an RRSP, TFSA, or RRIF plan, and save for your goals in a way that suits your needs

Freedom

To access your own money early³ if you really need it before the term is up

Is a Guaranteed Interest Annuity for me?

A Guaranteed Interest Annuity can be appropriate for different life stages, and can be customized to meet your unique short- or longer-term needs. Whether you’ve recently accepted your first job or your first big promotion, it’s a wise choice if you’re looking for:

  • a low-risk way to save towards a short-term goal – like a vacation, a wedding, or a new car
  • a simple way to earn more – the more money you invest, the higher the rate!
  • an easier, faster way to ensure your beneficiaries receive funds directly when you pass away
  • creditor protection – when you name an eligible beneficiary, your GIA may be safeguarded from creditors.

 

Speak with an advisor

 

Looking for a guaranteed income stream after retirement? Consider a Single Premium Annuity

The right investment for your needs

If you’re looking for a short-term investment with the flexibility to choose a term that works for you, a Guaranteed Interest Annuity might be the right fit. It’s a good choice for individuals who want to invest their money at a guaranteed rate for up to 5 years, but wish to be able to access their savings at any time.

With an GIA, count on guaranteed return on your savings… without being locked in¹!

Earn more with a Serenia Life GIA

Fill out the form below, and a Serenia Life advisor will call you to complete your GIA application.


 

¹As of April 24, 2024, Serenia Life Financial is offering an annual rate of 4.25% for deposits up to $50,000 into a 12-month GIA, 4.50% for deposits between $50,000 and $99,999.99, and 4.75% for deposits of $100,000 or more. These rates are subject to change at any time.

²As of April 24, 2024, Serenia Life Financial is offering an annual rate of 4.50% for deposits up to $50,000 into a 30-month GIA, 4.75% for deposits between $50,000 and $99,999.99, and 5.00% for deposits of $100,000 or more. These rates are subject to change at any time.

³Charges may apply if you surrender your funds before the term is up

⁴Bonus interest rate is not part of the policy contract and could change at any time

Registered funds left to your spouse will continue to defer income tax until they are received as income

⁶Funds are not subject to probate fees or estate settlement delays, meaning beneficiaries will receive more money – faster (when compared to a traditional GIC)

Confused by these terms? Reach out to your advisor or contact Member Services