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So, it is all depending on you to find out diligently from various financial institutions so as to clinch a good deal throughout the term of the contract. 1. Everyone wish to get fixed income in post retirement years. An individual can either give one time payment or can make multiple contributions. Immediate annuities : 3. A conventional pension gives a assured income. Lifetime annuities : There are low risks involved in this annuity. According to the experts, retirees with some serious health problems such as hypertension, diabetes, cancer or body mass index (BMI) should be made eligible for enhanced amounts. Very frequently, the annuity broker will delve deep into the history of the insurance company too to ascertain how good the company is. You may also have investment linked annuities where the future revenue depends to a greater or lesser degree on the investment returns generated by the annuity investment company. It is an investment scheme which entitles the investor to a regular income. The annuity rates provide so many benefits to an individual.
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