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How annuity plans can help secure the future of your parents
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Your parents would have undoubtedly worked hard to fulfill all your life goals. They would have planned their finances and structured their investments in a way that the key milestones in your life could be smoothly achieved. Right from your school education and your graduation, to your wedding or even the launch of your own business, your parents would have backed you financially at every step of the way.
Now, as their child, you can work towards fulfilling their retirement goals. India’s insurance sector gives the youngsters of today an opportunity to secure the future of their parents financially. An annuity plan, designed to secure a guaranteed stream or source of income post-retirement, can help your parents with a financial cushion
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