Hello house, which insurance company has best annuity plan ?

wola44:
Hello house, which insurance company has best annuity plan ?

There are few insurance companies that have very good rates for Annuity Plan; best among them is Cornerstone Insurance Plc.

Annuity Plan (Pension)

Annuity is a program where the retiree transfer his/her pension fund to an insurance company for them to pay him/her monthly, bi-annually or quarterly.

In annuity program, payment is made to the retiree for LIFE(that's till the person dies) irrespective of the fund transferred to the insurance company and also at a higher interest rate of return.

Its basically for retired people who have been notified that their pension is available for collection.

At this point, the retiree has two options to either go for Programmed Withdrawal or Annuity in which a particular amount would be paid to him/her either per month or bi- annually or quarterly as chosen by the retiree for life.

Annuity product is designed to pay retirees' for the entire duration of their life, no matter how long they live.

Annuity is very secure and easy to do. No story, no terms and conditions when its time to collect their money because it would be sent to their account every month like salary.

The goal of annuity is to provide a steady stream of income during retirement.

Note:

You have to choose between programmed withdrawal and Annuity on retirement.

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Annuity Plan

Annuity Plan is a policy through which prospective policyholders or retirees can convert a lump sum of money into an immediate or deferred regular stream of income payable for life.

How it works

• You can buy Annuity Plan with the proceeds of your Retirement Savings Account(RSA) from your Pension Fund Administrator or any lump sum of money at your disposal

•  You can choose a plan that will pay a constant/flat amount or the one that increases by 5% or 10% per annum for the rest of your life

•  The policy incorporates a guaranteed period of 10years; If the annuitant dies within the first 10years, annuity will continue to be paid to the named beneficiary until the expiry of the 10year period or a discounted lump sum will be payable

•  You can choose to have your money paid to you monthly, quarterly, half yearly or yearly.

Amount of Annuity you will receive

When you buy your annuity, the amount of income you will receive will depend on the following:

• The size of Annuitant amount, i.e. the initial amount invested

• The option you choose

Benefits to the Annuitants

• You will get Annuity payment for life

• The Annuity Plan offers an excellent retirement investment vehicle

• The policy offers economic protection and a shield from the uncertainties of life and investment

• It gives peace of mind

Annuity Plan (Pension)

Annuity is a program where the retiree transfer his/her pension fund to an insurance company for them to pay him/her monthly, bi-annually or quarterly.

In annuity program, payment is made to the retiree for life (that's till the person dies) irrespective of the fund transferred to the insurance company and also at a higher interest rate of return.

Its basically for retired people who have been notified that their pension is available for collection.

At this point, the retiree has two options to either go for Programmed Withdrawal or Annuity in which a particular amount would be paid to him/her either per month or bi- annually or quarterly as chosen by the retiree for life.

Annuity product is designed to pay retirees' for the entire duration of their life, no matter how long they live.

Annuity is very secure and easy to do. No story, no terms and conditions when its time to collect their money because it would be sent to their account every month like salary.

The goal of annuity is to provide a steady stream of income during retirement.

Annuity Plan (Pension)

Annuity is a program where the retiree transfer his/her pension fund to an insurance company for them to pay him/her monthly, bi-annually or quarterly.

In annuity program, payment is made to the retiree for life (that's till the person dies) irrespective of the fund transferred to the insurance company and also at a higher interest rate of return.

Its basically for retired people who have been notified that their pension is available for collection.

At this point, the retiree has two options to either go for Programmed Withdrawal or Annuity in which a particular amount would be paid to him/her either per month or bi- annually or quarterly as chosen by the retiree for life.

Annuity product is designed to pay retirees' for the entire duration of their life, no matter how long they live.

Annuity is very secure and easy to do. No story, no terms and conditions when its time to collect their money because it would be sent to their account every month like salary.

The goal of annuity is to provide a steady stream of income during retirement.

Get a retirement plan today!!!

Annuity remains the best option for retirees.

Get one today and live a joyful life in retirement.

Best wishes