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ING Immediate Annuity | Key Benefits | Features

Retirement is the golden period when you want to make your wishes come true which otherwise had taken a back seat in meeting key milestones of the life. To make this period really tension free, you need to arrange for guaranteed regular income for the rest of your life; not let anything disturb your years of enjoyment, least of all market volatility disturbing your peace.

Key Benefits –

  • Annuity Payments: Lifelong fixed annuity payouts guaranteed for life.
  • Flexibility: Flexible options of receiving payouts annually, semi annually, quarterly or monthly.
  • Death Benefit: On death of Annuitant, Purchase price or a part there of will be paid to the nominee.
  • Simplicity: No medical examination, large volume discounts.

Features –

Entry Age (age last birthday) Minimum: 45 Years
Maximum: 70 Years
Age at maturity Not Applicable
Premium Paying Term (PPT) Single (One Time Payment)
Policy Term Whole of Life
Purchase Amount Minimum: Rs 50,000
Maximum: No Limit
Minimum Payout Amount Rs.1000
Annuity Frequency Mode Yearly, Half Yearly, Quarterly and Monthly

Know about more plans – ING Life Insurance

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