Comments on: What Is An Insured Annuity? https://briansoinsurance.com/insured-annuity/ Taking care of the "if" in life Wed, 20 Nov 2024 20:36:08 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Brian So, CFP, CLU, CHS, BSc https://briansoinsurance.com/insured-annuity/#comment-6159 Mon, 07 Nov 2022 23:11:14 +0000 http://aafsinsurance.com/?p=858#comment-6159 In reply to John Macdonald.

Hi John, the GIC looks more attractive now with higher rates than the insured annuity strategy. That’s because while rates have increased, the annuity income hasn’t gone up as much as GICs, and the life insurance premiums remain elevated. Therefore, the pendulum has swung back in favour of using GICs.

]]> By: John Macdonald https://briansoinsurance.com/insured-annuity/#comment-6145 Sun, 06 Nov 2022 21:28:12 +0000 http://aafsinsurance.com/?p=858#comment-6145 And how about today with a GIC at 5%?
And also….what would it look like for a 75 year old male ….me? I guess the unknown is the life insurance cost?
Thank you.

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