Annuity
Overview
- The plan is offered to retirees.
- Offers to pay the annuitant periodically through out the life of the annuitant.
- The plan has guarantee periods of 5,10,15 & 20 yrs.
Features & Benefits
- Protects annuitant from the risk of outliving their assets or funds.
- Tax exemption on the annuity pay outs at 65yrs and above.
Requirements
- The purchase price.
- Annuity application form
- ID copy 4) KRA pin
Eligibility
Retirees
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