Guarantees fixed rate for principal and interest until maturity, allows for contract-authorized withdrawals and transfers.

Interest rate is adjusted monthly or quarterly based on the London Interbank Offered Rate (LIBOR) plus a basis point spread, allows for contract-authorized withdrawals and transfers, and has an early termination option.

Conservative product similar to a Guaranteed Interest Contract (GIC) with a fixed or variable interest rate designed to provide a predictable stream of income, and featuring an early termination option.