A Guaranteed Annuity provides a guaranteed income for the owner for life, from the proceeds of your Retirement Annuity and/or Pension or Provident Fund. The Income is taxable, according to tax tables relevant at that time. This product provides a guaranteed income for the remainder of your life. You are not able to adjust your income level in the future, nor take lump sum values after inception.

At the death of the owner, the income, may continue for a predetermined guaranteed period or cease. You can take a single life or a joint life Guaranteed annuity.