Sun Lifetime Advantage GIF offers flexibility and choice to make decisions when Clients are ready – they control when they want to start taking income. It meets the needs of Clients getting ready for retirement.
- Clients receive guaranteed income certainty through their initial investment and subsequent deposits. The minimum lifetime guaranteed income amount increases every year that income is deferred
- Until income payments begin, the minimum amount of lifetime guaranteed income automatically increases every year if market performance and interest rates are favourable
- When a Client decides to begin receiving retirement income, there's one final reset based on combined market value and interest rates, potentially increasing their level of lifetime guaranteed income
Benefits of Sun Lifetime Advantage GIF
Start the conversation
Ask Clients how they plan to manage retirement risks and grow their retirement income during their working years. Then show them how Sun Lifetime Advantage GIF can help them navigate retirement risks and grow retirement income during their working years.
- How are you saving for a long-term goal or for retirement?
- Are you concerned about the effect of market fluctuations on your investments?
- Are you interested in investment options that can provide lifetime guaranteed income?
- Do you want to control when you start taking income?
Recommending a solution to Clients
When you understand Clients' retirement plans and what their income needs are likely to be, it's easier to show them how Sun Lifetime Advantage GIF can help meet their retirement goals, throughout their life.