ICEA LION Life Assurance Company (U) Ltd has unveiled the ICEA Annuity Plan for retirees and those nearing retirement. The ICEA Annuity plan guarantees the holder a regular stream of income for life after retirement. The ICEA Annuity plan allows the holder to make a lump sum deposit with the promise of guaranteed regular payments for the rest of one’s life. “Typically, retirement benefits are provided through lump-sum payouts by retirement benefit schemes like NSSF and others. It’s commonplace to find retirees unable to sustain themselves because they invested in ventures that cannot guarantee a regular income during retirement. This…
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