Annuity is a simple financial product that provides a steady source of income following a single lump sum investment. The investment is made to an insurance company that in turn pays a guaranteed income, that includes interest and principal, to the annuity holder.
What types of annuities are there?
| Plan | Overview |
|---|---|
| Immediate Life Annuity | Start your retirement income immediately and budget for your future. Learn More |
| Variable Life Annuity | Maximize your retirement income with a host of investment plans. Learn More |
| Fixed Life Annuity | Guaranteed growth ensures you can provide a sustainable future income. Learn More |
| Ordinary Life Annuity | Payments guaranteed for life alongside an affordable rate. Learn More |
| Guaranteed Life Annuity | Ensure a term of payments that won’t end, even if you die before it expires. Learn More |
| Joint & Last Survivor Annuity | Payable to you and your spouse. After first death, payments continue to the survivor. Learn More |
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