A Guaranteed Interest Account (GIA) is an ideal account for
saving toward a special purchase, creating an emergency fund, a
guaranteed holding of your investment portfolio and even guarding
against market volatility. Equitable Life's GIAs provides security
of principal with a guaranteed rate of return. GIAs are also
Tax-Free Savings Account eligible.
- Highly Competitive Interest Rates
- No Policy Fees
- Rate Guarantees
- Flexible-access to your investments anytime
- Creditor Protection
- Safe and Secure
- Estate Planning
- Compounded or simple interest payout option available
Daily Interest Account (DIA) - The DIA is similar to a
high-interest savings account and may be ideal for those seeking a
stable and secure investment for emergency savings or for those who
have not yet defined their goals.
Guaranteed Deposit Accounts (GDAs) - These are annually
compounded interest accounts with terms from 1 to 10 years, which
you can invest in a GDA for as little as $500. You also have the
option with this product to request the simple interest payout
option, which entitles you to receive simple interest payments
monthly or annually, the choice is yours. This option requires a
minimum $10,000 investment.
Term Deposit Account (TDAs) - These are simple interest accounts
available with RRIF and LIF only. Terms from 11 to 30 years are
available and the minimum investment is $5,000.