Guaranteed interest options

Reach your financial goals safely and securely with guaranteed interest options.

A family gathered on a lake dock to fish together.

Who is this for?

A guaranteed interest option (GIO) may be ideal for investors concerned about market instability – in other words, people who want to make sure their investments remain secure over time. A GIO is an investment type that’s designed for people who don’t want to take any risks with their savings, meaning it could be attractive to Canadians who have a conservative investment style, such as those entering or already in retirement.

Of course, a GIO may also be useful for a younger investor who’s worried about market fluctuations and is focused on receiving a steady rate of return on their original investment over a set term.

In essence, then, a GIO is an investment that provides you with a clear picture of what your financial future will look like because the original amount invested – or the principal – is protected and the interest rate is guaranteed.

How will this help me?

GIOs feature a range of interest options and investment terms, with interest rates based on the original amount invested. In other words, they’re customizable and can be tailored to meet your individual investment needs.

In addition, unlike many other kinds of investments, a GIO can be liquidated (or “cashed out”) at any time. This gives you instant access to your money, should you need it.1 To learn more about how a GIO can help you plan for the future, talk to your financial security advisor.

What else do I need to know?

Avoid estate fees

A GIO can make it easier to pass on your investment – including the principal plus interest – to your loved ones than a guaranteed interest certificate (GIC) offered through the banks. That’s because a GIO, which is only offered by insurance companies, can help you bypass estate and probate fees, if any, when your investment is paid directly to a designated beneficiary after you die.

Protection from creditors

Your investment may be protected from creditors if you file for bankruptcy.2

We're a member of Assuris

London Life Insurance Company is a member of Assuris, a not-for-profit corporation funded by the life insurance industry that protects Canadian policyholders against the loss of benefits due to the failure of a member company.

More details about Assuris are available at www.assuris.caOpens a new website in a new window or in its brochure, which you can get from your financial security advisor, life insurance company or by contacting Assuris directly at 1-800-268-8099 or

1 A penalty may apply if a GIO is cashed out prior to the end of the investment term.

2 Creditor protection depends on court decisions and applicable legislation, which can be subject to change and can vary for each province; it can never be guaranteed. Talk to your lawyer to find out more about the potential for creditor protection for your specific situation.

Connect with an advisor

Working with a financial security advisor can provide you with the tools and expertise you need to plan for the future.

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