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 Home > Group Plans > Annuity Solution > Types of Annuity plan life insurance scheme
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Types of Annuity plan

life insurance plans

Life Annuity

Payable for annuitant's life

 

Life Annuity with return of purchase price

 

Payable for annuitant's life

 

Return of original purchase price to beneficiary on annuitant's death

 

Life Annuity guaranteed for 5, 10, 15 years

 

Payable to annuitant/ beneficiary for 5/10/15 years irrespective of the annuitant's existence

 

If annuitant lives beyond the stated years, annuities payable for his/her life

Joint Life Last survivor

Payable to annuitant for life & after death to his/her spouse (if alive) for life

 

Joint Life Last survivor with return of purchase price

 

Payable to annuitant for life & after death to his/her spouse (if alive) for life

 

Original purchase price returned to beneficiary on spouse & annuitant's death


Read the Annuity rates here.

 

 

 

 

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