Immediate Life Annuity

Life and Last Survivor - 50 or 100 Income.

Immediate life annuity. An immediate annuity provides income to the purchaser that starts as soon as they deposit a lump sum. When you buy an immediate annuity you will have to choose the type as well as the annuity term which determines how long your guaranteed income stream will last. HDFC Life New Immediate Annuity Plan is a non linked traditional annuity plan that offers you various annuity options and provides you an opportunity to live life on your terms even after retirement.

With it you can tailor income to fit your needs and. You skip the accumulation phase. Want a regular income for life.

Annuity is payable at a constant rate for a minimum fixed period of 5 10 15 or 20 years. USAA Life Insurance Company and USAA Life Insurance Company of New York. Unlike a deferred annuity an immediate annuity doesnt require an accumulation phase.

An immediate annuity is a contract under which a company agrees to give you a fixed amount of money per month starting immediately. When you assessed your financial needs you should have determined whether you wanted your payments to begin within a year of purchase in which case an immediate annuity is the solution for you or at a later date. The annuity payout will continue at a constant rate throughout the life of the annuitants.

Are looking for a product that has no investment risk attached. An immediate annuity is a tool for ensuring a regular income most often used to provide consistent retirement income. DOWNLOAD BROCHURE CALCULATE PREMIUM Its never too late to plan for your retirement start now Tell us about yourself.

Rank the actuarial present values of these options. Income Now with Immediate Income Annuities. Are typically aged between 55 and 95.