Life Insurance Corporation of India (LIC) has launched the Smart Pension Plan. It is a single-premium annuity plan, which means that customers pay a one-time premium and receive regular payouts as ...

Data shared by LIMRA Secure Retirement Institute (LIMRA SRI) shows U.S. single premium pension buy-out sales totaled $13.7 billion during 2016, “almost one percent higher than prior year and the ...

Single-Premium Plans: Under this kind of plan, when the policyholder pays out the premium in one go, the policy can be surrendered post in the second year of purchase.

A record number of single-premium pension risk transfer (PRT) contracts were sold in 2024, driven by strong sales in the first and third quarters. Overall, 794 contracts sold in the U.S. market ...

Those who don’t want to keep paying the premium every year will find the Nav Jeevan Shree Plan 911 more suitable. It is a single premium policy that works on the fill-it-shut-it-forget-it principle.

Life Insurance Corporation of India (LIC) has introduced Nav Jeevan Shree and Nav Jeevan Shree Single Premium, two non-par, non-linked individual plans combining both savings and protection features.

U.S. single-premium pension buy-out product sales exceeded $7.7 billion in the third quarter 2019, 23% higher than sales in the third quarter of 2018. This represents the 19th consecutive quarter ...