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Product Information
Retirement Plans Reliance Immediate Annuity Plan
Synopsis:
Worried about how to invest your hard earned money post retirement? Convert your lump sum/corpus into regular income for life. It’s like gifting yourself a regular income in the future.

Benefits:

  • One Time Payment - Pay premium only once
  • Whole Life Guaranteed Income - Get guaranteed whole life income (Annuity)
  • Flexibility:
    1. Choose your annuity from 3 different annuity payout options
    2. Life Annuity
    3. Life Annuity with Return of purchase price
    4. Life Annuity guaranteed for 5, 10 or 15 years and payable for life thereafter
  • Select your annuity payout frequency - Monthly, Quarterly, Half yearly or Annually
  • Ease of enrollment - No medical tests required Tax benefits - Enjoy tax benefits on the premiums paid and benefits received, as per applicable Income Tax laws

Highlights:

  • Convert your earnings into regular income
  • Get regular income (Annuity) for your entire life
  • Leave behind a legacy for your family
  • Live life to the fullest, even after retirement
  • Receive tax benefits