An annuity plan converts your savings into a regular, guaranteed income for life — so you never run out of money in retirement. CoreLink Finance helps you compare annuity options from leading insurers and choose the payout structure that fits how you want to live after you stop working.
Receive a fixed payout monthly, quarterly, half-yearly, or annually — for as long as you live, as per plan terms.
Once purchased, most annuity payouts are not affected by market ups and downs, giving you predictable income.
Cover yourself and your spouse so the income continues to the survivor after the first annuitant's death.
An Annuity Plan is a retirement product where you pay a lump sum (or a series of premiums) to an insurer, and in return the insurer pays you a regular, guaranteed income for a chosen period — often for the rest of your life.
Annuities come in two broad types: an Immediate Annuity, where payouts start right after you invest the lump sum, and a Deferred Annuity, where you build a corpus over time and payouts begin at a later date you choose, such as retirement.
Because the income is contractually guaranteed by the insurer, annuities are widely used to convert retirement savings — including provident fund or NPS corpus — into a steady income stream that helps cover living expenses without relying on market performance.
Choose a payout that continues for as long as you live, removing the risk of outliving your savings.
Receive your annuity monthly, quarterly, half-yearly, or annually, based on your convenience.
Extend payouts to a spouse so income continues to the survivor after the first annuitant's death.
Certain plans return the original purchase price to your nominee on death, as per plan terms.
Once the annuity rate is locked in, most payouts are unaffected by subsequent market movements.
Start receiving income right away, or defer it to a future date that suits your retirement plan.
A single purchase decision sets up income that can continue for the rest of your life.
A natural way to convert EPF, NPS, or other retirement savings into a steady income stream.
| Purchase Amount | Age at Purchase | Single Life (Monthly) | Joint Life (Monthly) |
|---|---|---|---|
| 10 Lakhs | 60 | ₹5,800 – 6,400 | ₹5,200 – 5,800 |
| 25 Lakhs | 60 | ₹14,500 – 16,000 | ₹13,000 – 14,500 |
| 50 Lakhs | 65 | ₹31,000 – 34,500 | ₹28,000 – 31,000 |
*Indicative figures for a sample profile; actual annuity rates depend on age, purchase amount, annuity option chosen, insurer, and prevailing rates at the time of purchase. Once locked in, the annuity rate is typically fixed for the payout period.
At CoreLink Finance, we don't just help you buy a policy — we actively support you through the claim process by coordinating with the insurer, guiding documentation, and following up for a smooth experience.
We help you choose the right insurer and policy based on claim settlement ratio, reliability, and your profile.
Before policy issuance, we ensure all your personal, financial, and medical details are accurate and properly declared.
We guide you in filling out proposal forms correctly, so no hidden or incorrect information gets submitted.
In case of a claim, you get a personal claim expert who handles the process — from documentation to settlement.
We actively coordinate and follow up with insurers to ensure quick and smooth claim processing.
Our team checks all documents before submission to avoid technical errors that often lead to delays or rejection.
Follow these steps to keep your annuity income flowing smoothly, without interruption.
Decide carefully between single-life, joint-life, and return-of-purchase-price options — this choice is often irreversible.
Ensure your bank account details with the insurer are current so payouts are never delayed or missed.
Some insurers require periodic proof-of-life confirmation to continue payouts — respond to these promptly.
Update nominee details after any major life change, especially if a return-of-purchase-price option is chosen.
Make sure your family knows the annuity exists and understands how to claim any death benefit.
Keep the annuity policy document and purchase receipt safe for reference and claims.
Annuity plans suit anyone who wants predictable income in retirement. Consider this if you are:
Retiring soon and want to convert savings into a regular income
Planning for a spouse's continued income after your lifetime
Looking to reduce dependence on market-linked investments after retirement
Holding an EPF, NPS, or gratuity corpus you want to convert to income
Wanting a predictable, fixed monthly budget for living expenses
Someone who values guaranteed income over potentially higher but uncertain returns
Talk to CoreLink Finance for honest, no-obligation guidance on the right annuity plan for you.
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