Why get the Single Premium Immediate Annuity?
- At retirement, a single premium is paid from the accumulated retirement savings to guarantee a lifetime stream of payments.
- Our single premium immediate annuity can be a fixed annuity or a variable annuity.
- In a fixed annuity, the payout is a fixed amount each period while with a variable annuity, the payout is linked to the performance of a mutual fund.
Key Benefits

Top up is allowed

Flexibility on payouts monthly, quarterly, biannually or annually

Control of how much you draw down
Guaranteed lifetime income fund

Tax free for retirees over 65 years of age
Financial Security

Fully customisable