For a guaranteed, fixed income for life
With Life Income you ensure a fixed monthly income for life in order to supplement your social security income during retirement.
How does it work?
By paying a single premium, the amount is converted to an annuity payable monthly for the rest of your life. The exact amount to be paid, depends on your age when buying the plan. Life income is offered to individuals aged 50-75.
Monthly payment options:
- Whole life without a guaranteed period
- Whole life with a guaranteed period of 5 or 10 years
- Whole life with the right to transfer up to 75% of the original annuity to a dependent in case of loss of life of the insured
Example
Annual Income for a single premium of €100.000
| Age | Without a Guaranteed Period | With a Guaranteed Period of 10 years
|
| 60 |
€5,909 |
€5,792 |
| 65 |
€6,878 |
€6,603 |
| 70 |
€8,273 |
€7,600 |