Why do you need the Annuity Plan?
An annuity is an insurance product that pays out income, and can be used as part of a retirement strategy. Annuities are a popular choice for investors who want to receive a steady income stream in retirement. An Annuity can turn your retirement savings into income that will last when you’re living in retirement.
How does the Annuity Plan fulfil your needs?
Among other needs, an Annuity plan can give you peace of mind in retirement. Provided planning has been done in advance, a retiree can maintain a standard of living that they used to enjoy while they were employed.
How does the Annuity Plan work?
An annuity plan generally requires you to make an investment in the annuity. The investment then makes payments to you on a future date or series of dates. The income you receive from an annuity can be paid out monthly, quarterly, annually or even in a lump sum payment.
5 Good reasons to invest in this product
- A product tailored to Batswana’s unique needs through the deep understanding that Bona Life has of the country.
- Peace of mind during retirement years by helping maintaining a similar standard of living during your retirement.
- The annuity plan can become part of your estate in the event of your passing and keep supporting your family members.
- An annuity can help support other retirement benefits or investments that you have made.
- Free funeral benefit of P10,000