Indian life insurance market currently has several individual immediate annuity products marketed by life insurers, with each product having its own features, terms and conditions and annuity options.source https://economictimes.indiatimes.com/industry/banking/finance/insure/irdai-ask-insurers-to-offer-standard-annuity-product-saral-pension-from-april-1/articleshow/80454434.cms
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