Article

Annuity
June 07 , 2012

An annuity refers to an annual source of income from any investment. It could be a sum of money kept with a life insurance company; it could even be a business you have created, that is giving you a steady yearly cash flow. In case of a sum of money giving you the annuity, an important point to note is that you dont get your corpus back. Thus, it is not pure interest being paid for your corpus, but (hopefully!) something more than that.

Unfortunately, while annuities are offered in name by life insurance companies, the market itself is not well developed in India yet. Often, the income that you get for your money is even worse than that of a fixed deposit (which, incidentally, also preserves your corpus!). Thus, while you should know this concept, you are better off arranging a stream of income from your investments, than hunt in vain for a good readymade annuity product.

Fintotal Knowledge the best place to learn more on personal finance.

The language is simplified and written specially for non finance background individuals.


Explore more in a easy manner.

Table of Contents

Table of Contents

  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed

Get the all financial products under one roof only at

you will NEVER GO WRONG with us!

Unbiased . Best Deals . Appropriate Products . No Mis-selling