Retirement and pension plans
Pension plans build a retirement fund during your working years and convert it into a regular income — an annuity — when you retire. Immediate annuities start paying straight away from a lump sum.
Salaried and self-employed people planning retirement
Retirees investing a lump sum for income
What is covered
Regular income for life or a fixed period
Options to continue income to a spouse
Return of purchase price on some annuity options
What is not covered
Full lump-sum withdrawal at retirement in most plans
Higher income if interest rates rise after purchase
Covers and exclusions vary by insurer and plan; the policy wording applies.
Making a claim
How a claim works with Kreeva
01
Inform us
The nominee calls or messages us with the policy details.
02
Claim form
We help complete the insurer’s claim form.
03
Documents
Death certificate, ID and bank details, plus others the insurer asks for.
04
Payment
We follow up until the insurer pays the nominee.
Retirement & pension plans — questions
Which annuity option should I choose?
It depends on whether you want the highest income, cover for a spouse, or money returned to your family. We compare the options with you.
Not sure which plan fits? Ask an advisor.
Free consultation. No obligation to buy.