Kotak Life Insurance launches Immediate Annuity Plan |
Posted: June 21, 2017 |
Kotak Life Insurance Company has launched a unique plan E-Lifetime Income Plan which is immediate annuity plan. This plan offers an option to choose a nominee other than self. While purchasing the plan the quoted income rate remains constant and has a guarantee of lifetime annuitant which does not changes with fluctuating market scenario. Kotak Life Insurance Immediate Annuity plan provides continues flow of income and is very beneficial for those who are staying far from their home to make their career. The amount cam be paid to the annuitant in monthly, quarterly, half-yearly or yearly basis as promised at the time of the purchasing the plan. The policy inculcates manifolds of benefit for the insurance seekers
The rate of annuity generally depends on three factors i.e. the age of the pensioner, annuity options chosen by the insurance buyer and the rates on which the annuity will depend. As kotak life insurance offers a wide range of policies to fulfill the requirements of the customers, This Kotak Life Insurance Immediate Annuity Plan a person can make an appropriate retirement planning so that he/she can enjoy the golden days of retirement without any stress.
The policy has some of the unique features and benefits in its bag to offer to its buyers. Some of the Salient Features of the Policy are:-
This unique product has fulfilled an urgent requirement-gap that exists among mobile populations for securing incomes of loved ones back home. This product is also for those who wish to secure their own retirement income. This is a convenient one time investment guaranteeing one's parents and loves ones a regular income and financial peace of mind.
|
||||||||||||||||||||||||||||||||||||||||||
|