If I were you and had to purchase an annuity plan, I would have gone with Life annuity with return of purchase price. (personalfinanceplan.in)
If you have no financial dependents and do not want plan to leave an estate for your family, purchase an annuity plan without return of purchase price. (personalfinanceplan.in)
He added that this option of return of purchase price can be effectively utilized for passing inheritance to policyholder's legal heir. (policybazaar.com)