| A | B |
|---|
| Policy Value | Sum of Account Values |
| Minimum PAC Contribution | $50.00 |
| Issue Ages: RRSP | 16 through 71 |
| Minimum initial lump-sum deposit (accumulation plan) | $500.00 |
| Death Benefit | No MVAs will apply |
| Maturity Benefit | Paid to Owner |
| Compensation for new money deposit | 0.50% |
| Available GIA terms | 9 months to 5 years |
| Owner & Life Annuitant: RRSP | Must be the same person |
| Minimum inital RRIF/LIF/PRIF deposit | $10,000 |
| Net Cash Value | Policy Value less any MVAs |
| Maturity Date: RRSP | Policy Ann. in year in which Life Annuitant reaches age 71 |
| Issue Ages: Non-RRSP | 0 through 110 |
| Automatic Maturity Provision: Non-RRSP | Life annuity with 10-year guarantee period |
| Scheduled withdrawals via EFT | 1st to 28th of the month only |
| GIA "rollover" commission | 0.20% x (# of months in term/12) |
| Sales Idea | Laddering of Maturity Dates |
| Maturity Date: Non-RRSP | Policy Ann. in year in which Life Annuitant reaches age 85, or 10 years after policy issue, if later |
| Sales Idea | A "Holding Acct" for beneficiaries |
| Sales Idea | Establish GIAs with Maturity Dates "outside" of RRSP season |
| Sales Idea | A convenient location to hold "emergency funds" |
