Sentences with phrase «insurer guarantees a monthly income»
An immediate annuity is when the client gives a lump sum of money to the insurance company & the insurer guarantees a monthly income as long as the client lives.
http://www.teenanalyst.com/ Not exact matches
That's because when you invest a lump sum with an insurer today, the insurance company guarantees you will receive a monthly income payment for the rest of your life.
After paying a purchase price to the insurer as a single premium, you get a guaranteed monthly, quarterly or annual income throughout your life.
MetLife India Insurance today became the first private sector life insurer to provide guaranteed monthly income along with other regular benefits like tax incentives and bonuses with the launch of Met Monthly Incommonthly income along with other regular benefits like tax incentives and bonuses with the launch of Met Monthly Incomeincome along with other regular benefits like tax incentives and bonuses with the launch of Met Monthly IncomMonthly IncomeIncome Plan.