An immediate annuity provides income (annuity payments) to you from a single premium payment made to the issuing insurance company in return for the annuity contract. The issuing insurance company, in turn, will make annuity payments to you for a set amount of time (period certain) or for the rest of your life (life option), as you elect. The annuity payments are guaranteed by the insurance company to last for the amount of time you choose, so it is important to choose a product from a reputable and stable insurance company.
Why choose The Guardian Guaranteed Income AnnuitySM?
|Single Premium Payment||With just one premium payment, you can set up a guaranteed Income source for as long as you want — even for the rest of your life.|
|Guaranteed Income||The Guardian Guaranteed Income Annuity can provide a guaranteed stream of income for a chosen period of time, from 5 years to the rest of your life. And the payments will never decrease — regardless of economic conditions or market performance.|
|Flexible Payments||You may receive the annuity payments on the schedule you choose: on a monthly, quarterly, semi-annual, or annual basis. (Please note: a payment schedule, once selected, may not be changed during the life of the annuity.)|
|Increase Your Payments||The Guardian Guaranteed Income Annuity can be purchased with an option at no additional cost that will systematically increase your annuity payments each contract year by a simple interest amount of 3% or 5%; however, your initial annuity payments during the beginning years will be lower than your payments if you purchase the annuity without this option.|
Strength behind the guaranteesAnnuity guarantees are backed exclusively by the strength and claims-paying ability of The Guardian Insurance & Annuity Company, Inc. (GIAC). GIAC is a wholly owned subsidiary of The Guardian Life Insurance Company of America.
GIAC is a wholly owned subsidiary of The Guardian Life Insurance Company of America.
Product availability and features may vary by state.
Contract guarantees are guaranteed solely by the strength and claims-paying ability of The Guardian Insurance & Annuity Company, Inc.
For more information about The Guardian Guaranteed Income Annuity or to obtain an illustration of annuity payments, please contact your financial professional or call GIAC at (800) 221-3253.