For a peaceful retired life, a stable income along with the safety of the invested amount is considered to be an ideal financial move. While there are many investment avenues to build a retirement corpus, one of the many present-day alternatives is an ordinary annuity plan. Considering India’s demography consists of a large portion of the middle-aged population with rising life expectancy, there is a need for an investment product that secures retirement by offering guaranteed income.
sneha sharma