Pension plans are plans maintained by employers that help individuals secure their financial future and protect them from any uncertainties that may arise post retirement. These plans are best suited for senior citizens that are looking to effectively plan their retirement.
A pension is a fund into which a sum of money is added during an employee’s employment years, and from which payments are drawn to support the person’s retirement from work in the form of periodic payments.
A pension plan is the retirement amount, which an individual gets from their insurance companies on a regular basis or in the form of a lump sum.
This is a single premium plan wherein the Policy holder has an option to choose an Immediate or Deferred annuity.The annuity rates are guaranteed at the inception of the policy for both Immediate and Deferred Annuity and annuities are payable throughout the life time of Annuitant(s).
Make one time investment and get Guaranteed life long income.
9 different annuity options to choose from to suit every need and circumstance.
Option to choose either Immediate Annuity or postpone it to a future date as Deferred Annuity.
Annuity rates are guaranteed from inception of the policy.
Guaranteed additions during deferment period.