The Longevity Income Plan: our first big idea
"By providing financial protection against the major 18th and 19th century risk of dying too soon, life assurance became the biggest financial industry. Providing financial protection against the new risk of not dying soon enough may well become the next century's major financial industry."
Peter Drucker (The Economist, 1999)
As the quote demonstrates, we're not the only ones who believe there is a real need today for financial products that directly address the issue of increasing longevity.
Hence our first big idea: the Longevity Income Plan.*
The Longevity Income Plan is a single premium investment designed to provide Planholders with a rising income for a maximum of 20 years, starting from either age 75 or 80.
The aim of the Plan is to provide protection against the risk of outliving financial resources in late retirement. We think of it as true insurance for a longer life.
Watch our Head of Product Strategy, Mike Tyler, explain the key features of the Plan:
*PCT Patent Application pending (No. PCT/GB2007/004730)
Get a quote
Get a detailed quote for the Plan by logging in to our Financial Adviser area