Best Life Annuity In Kenya
What Is An Annuity?
An annuity is a contract that converts a sum of money into a series of periodic payments (i.e. monthly,
quarterly, semiannually, and annually) for an agreed period of time. Annuities are important because
they address the financial planning needs of people in or approaching retirement. Annuities provide
a form of protection against the risk of outliving one’s assets by guaranteeing income payments.
Best Life Annuity In Kenya
- Massachusetts Mutual Life Insurance Company.
- USAA Life Insurance Company.
- New York Life Insurance Company.
- TIAA-CREF Life Insurance Company.
- Allianz Life Insurance Company of North America.
- MetLife Annuities.
- Pacific Life & Annuity Company.
Which annuity has the highest payout?
Life Annuitization Option
The life option typically provides the highest payout, because the monthly payment is calculated only on the life of the annuitant. This option provides an income stream for life, which is an effective hedge against outliving your retirement income.