Guaranteed Lifetime Retirement Income Plan

Guaranteed Lifetime Retirement Income Plan (GLRP) is an immediate annuity plan that seeks to help you maintain your desired lifestyle in retirement by converting your pension lump sum into a regular stream of income.

  • Guaranteed and steady income for life.

What’s in it for YOU?

  • Guaranteed income for life subject to a minimum of 10 years.
  • Regular income to a dependent in the event of the annuitant’s demise, if the option is chosen.
  • Depending on the chosen option, income received can be protected from inflation or remain at a flat rate throughout the duration of the policy.

Please do not pay cash to/through our Financial Advisor or staff.

Who is it for?

  • Prospective retirees who intend to convert their RSA account balance to regular income streams
  • Those who want a product which ensures that they do not outlive their assets
  • Individuals who have a personal lump sum they want to convert to regular income
  • Those who desire a plan that will pay them for life

    Your Commitment
  • Use your RSA balance (or lumpsum) to buy a Retirement Income Plan from us, to last the rest of your life
  • Decide on the kind of income you want

Please do not pay cash to/through our Financial Advisor or staff.

  • Premium can be paid through the following channels:
  • Complete a direct debit form
  • Complete a standing instruction form with your bank
  • Electronic transfer from your account to our account
  • Deposit into our bank account
  • Please include your name and policy number on all payments.

    Please do not pay cash to/through our Financial Advisor or staff.

Other Product

Personal Retirement Plan
This plan ensures that you are in control of your life even during your golden years.

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