For any baby boomer looking to ensure they have enough money to live while retired, being sold an annuity feels like a dream ...
LIC's Smart Pension offers various annuity options for retirees seeking steady income with minimal risk to capital.
Life Insurance Corporation of India (LIC), the country's largest insurance company, has launched a new "Smart Pension Plan" ...
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What Is a Fixed Index Annuity?
Is a fixed index annuity the right investment for you? This guide will explain how fixed index annuities work, and when they ...
The Life Insurance Corporation of India (LIC) has introduced its latest offering, the Smart Pension Plan, designed mainly for ...
There are three main options for getting out of an annuity: surrendering your contract, doing a 1035 exchange or selling future payments. All have different benefits and caveats to consider.
“Purchasing an annuity makes sense if someone wants to protect their principal or generate income payments as long as they live. Many people near or in retirement might benefit from protecting ...
Single Life Annuity: Provides annuity payments for the lifetime of the annuitant. Joint Life Annuity: Ensures annuity payments continue for both the primary annuitant and the secondary annuitant (such ...
The Life Insurance Corporation of India (LIC) has introduced its latest offering, the Smart Pension Plan, designed mainly for after retirement benefits. This plan looks into various financial ...
LIC's Jeevan Akshay VII is an immediate annuity or pension plan wherein the policy holder has an option to choose type of annuity from 10 available options on payment of a lump sum amount.