You can take control of your future with an annuity that guarantees your income later on in life so you can LIVE YOUR DREAMS!

What is an Annuity?

An Annuity is a Contract between you and an insurance company, which states that in exchange for your payment (premium) the company agrees to pay you an income in the future.

There are two types of annuities to choose from. You can choose a Single Premium or Flexible Premium Annuity. The choice is all yours.
Single Annuity: You make one lump-sum investment of $2,500. You may increase your principal amount in increments of $2,500 or more and BAF guarantees your rate of return for the first 12 months of your annuity.

Flexible Premium Annuity: Your initial investment of $500 minimum and monthly contribution of $100 monthly (minimum) is required and BAF guarantees your rate of return for the first 12 months of your annuity.

Immediate Annuity: You can purchase an immediate annuity with one lump-sum, usually a significant amount, and begin receiving your monthly  income immediately. Various payment plans are offered.

Annuities can be a valuable addition to retirement planning for people at nearly every stage of life, whether you are:

  • Getting a head-start
  • Close to retirement
  • Already retired
  • Unemployed
  • Self-employed
  • A Small Business Owner  
How does it work?

Whether you choose to make a lump-sum payment with a Single Premium Annuity or periodic payments with a Flexible Premium Annuity, your Annuity will have two phases:
the accumulation phase, when your money grows and the income (payout) phase when you withdraw your money according to a choice of options. You choose how to receive your payment - Income for Life, Joint & Survivor or Life Income with period Certain!

Secure your future today! Make an appointment with a Financial Services specialist today.  

Email us at or call: (242) 461-1000

Already a BAF Annuities Client? 

BAF Clients with annuities can visit the Annuities Client Care Centre to do the following:

  1. Check your investment performance
  2. View your balance
  3. Make changes to your contact information

CLICK HERE to log into the Annuities Client Care Centre.

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