Saturday, July 26, 2008

Life annuity with capital protection

Dear Mr. Tan,

I have just turned 55 and my wife will be, at the end of the year. We are interested to take up annuity policy with capital protection of $150,000 each. What are the monthly payouts like? Please provide details for both genders for payouts from 55 and 62.

REPLY

You can read this FAQ to understand the annuity, so that you can make the right decision:
http://www.tankinlian.com/faq/life.html

You can contact the insurance companies directly and ask them to quote to you. Their telephone numbers are available from this webpage:

http://www.tankinlian.com/faq/termd.html