Executive Flexible Premium Annuity

FPA II

 Flexible Premium Annuity








Executive Flexible Premium Annuity

Features:

  • Guaranteed Interest Rates
  • Interest Compounded
  • No Surrender Charges
  • No Expense Charges
  • Flexible Premium Contributions
  • TT and US Dollar Schemes
  • Assignable

The Executive Flexible Premium Annuity is an investment product both in TT and US dollar schemes, which basically follows the traditional format of an annuity plan. It gives a higher return to the investor, with the interest rate guaranteed, once the contract is left to mature for the full term, with no charges or administrative fees included. The contract is offered in one and two year bands, which can be renewed at the option of the investor.

Additional payments may be made at anytime the contract may be assigned for collateral purposes as the case may be.

At least once per year, you will receive a statement which would include deposits made, interest credited as well as the amount of the accumulation account at the statement preparation date.

Available in the following locations:

  • Anguilla

  • Antigua

  • Barbados

  • Dominica

  • Grenada

  • Montserrat

  • St Kitts

  • Nevis

  • St Vincent

  • Trinidad