Through ivari, you can select an individual fund or a complete managed solution. Work with your advisor to choose the investment products that are right for you. Regardless of what you choose, ivari's investment products make sure you have guarantees that matter.
Simply put, segregated funds are investment funds you select within an insurance contract. They let you diversify your investments, while the segregated fund contract provides the benefit of insurance guarantees.
An annuity is an insurance product that pays out income, and can be used as part of a retirement strategy. Annuities are a popular choice for investors who want to receive a steady income stream in retirement.
With a SPIA you get guaranteed regular payments made to you for life, or for a specific period of time, in return for a lump sum of money.
There are many variations of a SPIA. It can be issued for a single life, joint and survivor life or for a specific term.
A GIA is issued by an insurance company, but is similar to a Guaranteed Interest Certificate (GIC) offered by banks. A GIA pays a predetermined interest rate on the entire value of the original investment for a set period of time
GIAs provide a valuable service for many investors, especially those seeking capital security.
"Inforce product" refers to ivari’s segregated fund contracts that were issued in the past, beginning in the 1970s and up until 2009.
Currently, all of these products are either capped or closed. If you own one of these products rest assured that ivari will continue to honour your policy, and the terms of your contract will remain unchanged.
If your policy is now closed, you may continue to hold your policy but you may no longer make contributions.