Looking for a predictable way to earn steady income in your later years—without worrying about market ups and downs? A fixed annuity, when bundled within a life insurance plan, gives you just that. You can enjoy guaranteed payouts for 5 years, 10 years, or even for a lifetime, while your loved ones stay protected under a life cover.
This blend of security, returns, and insurance is designed for those who prefer planning over guessing. Curious how this works? Let’s dive in.
What is a fixed annuity?
A fixed annuity is a financial product offered under life insurance that guarantees you a specific amount of income for a pre-defined period or for life. It’s ideal for individuals who want a no-surprise income stream after retirement, while enjoying the added protection of life insurance.
Your insurer invests your premium and pays you back through regular payouts, typically monthly or annually. The interest rate is fixed at the time of purchase—so your returns remain unaffected by market volatility.
Want a safe, stable way to retire with income? Explore annuity-backed life insurance plans now → Get Quote!