Term annuity
@3YFixedTermRate%* p.a. | 3-year fixed termReceive guaranteed regular income payments from a lump sum invested for a specific term
*Rates may vary. Annual payment with capital returned at the end. Issued by Challenger Life Company Limited ABN 44072486938.
Fixed term rates
Rates are updated every Monday. The rates displayed are current and subject to change. For a tailored payment quotation, go to apply now, contact your financial adviser or call us on 13 35 66.
Longer terms are available. Find out more.
The rate for a Challenger term annuity is fixed for the term of your investment. Choose from a term of one year up to 5 years, with a minimum investment of $10,000. Annualised payments are not available for one year terms.
Income for aged care
CarePlus annuities provide guaranteed monthly payments for life to assist with the payment of aged care costs as well as a guaranteed death benefit.
CarePlus
| Age | Male | Female |
|---|
Current annual payments for every $100,000 you invest in CarePlus are illustrated above. Age shown is age at commencement of annuity.
Liquid Lifetime - Indicative Initial yearly payments per $100,000
The rates displayed below are indicative only and are correct as at 03 November 2025. Challenger updates their rates every Monday. The rates displayed are subject to change. Current pricing information is available to financial professionals through our eQuote and Retirement Illustrator tools on Adviseronlineportal.com.au. Investors can obtain a payment quotation by contacting their financial adviser or calling us on 13 35 66.
Male - CPI Linked
| Age | Liquidity options | |
|---|---|---|
| Flexible | Enhanced | |
| 65 | 5,452 | 5,923 |
| 70 | 6,155 | 6,830 |
| 75 | 7,200 | 8,167 |
Female - CPI Linked
| Age | Liquidity options | |
|---|---|---|
| Flexible | Enhanced | |
| 65 | 5,197 | 5,465 |
| 70 | 5,823 | 6,236 |
| 75 | 6,735 | 7,414 |
Male - Market Linked
| Age | Liquidity options | |
|---|---|---|
| Flexible | Enhanced | |
| 65 | 4,027 | 4,376 |
| 70 | 4,784 | 5,309 |
| 75 | 5,887 | 6,678 |
Female - Market Linked
| Age | Liquidity options | |
|---|---|---|
| Flexible | Enhanced | |
| 65 | 3,770 | 3,964 |
| 70 | 4,450 | 4,766 |
| 75 | 5,428 | 5,975 |