Online Annuity Quotation
Deposit Amounts:
Life Annuities:
Term Certain:
Required Guarantees:
Special quotes:
A special quote can be requested for payout annuities that fall outside of the minimum/maximum thresholds. To request a special quote, complete the “Special Annuity Quote Template”, and sending it to annuityquotes@equitable.ca.
Rate Guarantees:
To lock in a rate guarantee complete the following steps:
Life Annuities:
- Registered: $10,000 - $2,000,000 (up to a maximum of $8,333.33 monthly income)
- Non-Registered: $10,000 - $1,000,000 (up to a maximum of $5,000.00 monthly income)
Term Certain:
- All registrations: $10,000 - $2,000,000 (up to a maximum of $8,333.33 monthly income)
Required Guarantees:
- Registered: 5 – 30 years
- Non-Registered: 7 – 30 years
Special quotes:
A special quote can be requested for payout annuities that fall outside of the minimum/maximum thresholds. To request a special quote, complete the “Special Annuity Quote Template”, and sending it to annuityquotes@equitable.ca.
Rate Guarantees:
To lock in a rate guarantee complete the following steps:
- Run the quote and complete the application with the client.
- Obtain the rate guarantee by sending the signed application and quote to Equitable Life through EZupload or by fax at 519.883.7428. The documents must be submitted on the same day the quote was run.
- Equitable Life will honour the rate guarantee provided that the deposit is received in the required timeframe:
- Deposits made by personal cheque: The deposit must be received within 3 days of the rate guarantee.
- Transfers from another financial institution: The deposit must be received no later than 45 days of the rate guarantee.
