Term-Certain Annuity

Ottawa Life Insurance Brokers & Agents

A term-certain annuity provides guaranteed income payment for a fixed period of time.

  • The insurance company is responsible for managing how the money is invested
  • The contract is non-reversible
  • The contract does not allow for access to the invested capital
  • Guaranteed income for a set period of time
  • Your beneficiary or estate will receive any remaining benefit if you die before the end of the term period
  • You may outlive the term chosen of your Term-Certain annuity

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