Canvas AnnuityReviews of canvasannuity.com

The online application was a breeze. The income rate is very good.

Easy, fast, clear answers

Very simple and straightforward application process. Able to complete quite easily in not much time.

no issues with Canvas's simple and trustworthy process. Easy to apply and fund. Great rate and relative security.

easy process great rates

Have opened four annuities. I had a few questions, called and quickly answered. I placed a call, but had to end call and Canvas called me back. Easy application process. Lot's of information about annuity related topics on website. Have a nice app for phone. Researched many companies, but this one seems to be the best at customer service and behaving ethically. Thanks!!

I really vetted this company before deciding to invest my money here. Although Puritan Life Insurance Company of America has been around since 1958, Canvas Annuities has only been around since September 2000. I was still going to give them a try. They have a B++ rating from AM Best, which is Good, but not great. I was working on the online application. At the Beneficiary page, an issue arose. I have two executors and 12 others who will split my estate. That would be a lot of forms to fill out. I called Canvas and talked to Cynthia. She said because there's a death benefit, everyone has to be listed with their personal information. I have annuities with another company and this isn't the case. Cynthia said she was sorry and I'm probably not a good fit with this company. In all my investing years, that was the dumbest comment that I've ever received. I'm trying to give them money, and it was substantial! I called back later and talked to Lida. She said I could use "Estate of the Insured" as the beneficiary as I have a Will. She was correct because this is what I use on my present annuities with another company. There was a glitch trying to do this on their online form because there's no such option. I got a red alert saying, "The beneficiary can't be the annuitant." Lida told me not to do anything until she talks to the tech department. I haven't heard back. I would give serious consideration before investing with this company. It's more than the interest rate. This is your hard-earned money and you want it to be with a responsible custodian. This company isn't prime time, so don't be lured only by the interest rate. I decided not to use this company and will stick with my present company. Cynthia's comment created doubt, and doubt and investing don't mix.

online knowledge, B++ Puritan source rating, easy application, quick, good customer service when needed, fixed high rates available in 3-5-7 yr terms