Fixed annuity
Well suited if you're retired and/or happy with a very predictable rate of growth in your annuity.
An Aviva fixed annuity grows at a rate set annually, but never lower than the guaranteed minimum interest rate determined at the time you purchase the annuity. A fixed annuity comes in both the immediate and the deferred type, depending on when you need to take income.
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Consider Jim's case
He's about to retire and needs supplemental income.
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Fixed indexed annuity
You have the potential for growth at a higher rate without the risk of losing your principal or being directly in the stock market.
Unlike a traditional fixed annuity where the insurance company sets the interest rate, an indexed annuity credits interest based partly on the upward movement of a major-market stock index.
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Take Hank for example
He's looking for guaranteed income for life and greater growth.
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Introducing our Lifetime Solutions Annuity
Aviva's new indexed annuity comes with options, providing control of your money as your retirement circumstances change.
Our unique Lifetime Solutions Annuity is a great example of how Aviva is putting people before policies. It's highly adaptable, providing income when you need it most. Income options include income for life, supplemental income to help with long-term care expenses, and a death benefit with a variety of payment choices.
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