Annuity

Qualified Longevity Annuity Contract

Are you a retiree who wants to invest your money wisely? Are you searching for an investment plan which is simple, easy and reliable? If yes, then you have come at the right place as here are some of the best longevity insurance plans that you can opt for.

Qualified longevity annuity contract

If you are looking for a long-term investment plan, then qualified longevity annuity contract (QLAC) can be the perfect choice. This is one of the most effective plans in the market as it offers many benefits and features. Let us discuss each and every aspect of this plan.

Why should you choose QLAC?

This is a long-term investment plan which will give you an option to invest your money and get returns on a regular basis. It gives you the freedom to choose the amount that you want to invest in the plan. You can invest your money in various instruments such as stocks, bonds, mutual funds, etc.

How much can you invest?

You can invest as little as Rs 5,000 to Rs 1 crore in the plan. This means that you can make your investment decision based on your income and expenses.

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When does the money start earning?

Your money starts earning from the first day of the plan. You can get monthly or quarterly return depending on the amount that you have invested.

What is the minimum amount of investment?

You can invest as little as Rs 5,000 in the plan and it will be enough for you to enjoy the benefits.

What are the features of QLAC?

It has various features which will help you to invest your money in a safer way. Some of the features include:

• Low minimum investment

• Safe and secure investment

• Tax-free

• Regular returns

• No lock-in period

• Flexible withdrawal option

• Various investment options

Conclusion:

If you want to invest your money wisely, then QLAC is the best option available. You can make a decision regarding the amount that you want to invest in the plan and the plan will help you to earn money from the very first day. So, go ahead and invest your money in this plan and enjoy the benefits.