Different guarantees to meet different needs

While all guaranteed interest products are designed for people who want to protect their principal and earn a guaranteed rate of return, different products have different features. There are short-term, long-term and flexible-maturity dates, as well as a daily interest investment.

Because of their many features, guaranteed interest products are an important component of both registered and non-registered savings plans – as well as retirement income plans.

Types of guaranteed interest products:

Guaranteed investment certificates (GICs)

• GICs are one of the safest and simplest investments you can make.
• GIC rates are guaranteed for a fixed period of time.
• Available through Sun Life Financial Trust Inc., our GICs also offer flexible maturity dates and a 45-day rate guarantee.

Insurance GICs

• Insurance GICs are accumulation annuities that work like a GIC, with the added benefits of a life insurance contract.
• You can choose from a range of investments, each with a fixed rate of interest.
• Because an insurance GIC is an insurance contract, you can name a beneficiary for direct settlement at death, which avoids the cost and delays associated with probate and estate settlement.