Secured Capital Annuity

The Secured Capital Annuity is a fixed annuity designed to give you guaranteed income for the rest of your life, with life cover payable to your nominated beneficiaries, when you die. You can choose to receive 13th cheques and age-based income adjustments.

 

Features of the Secured Capital Annuity

The different sources of money you can use to invest in a fixed annuity are pension funds, provident funds, preservation funds, retirement annuities or transfers from other living annuities.

You can choose to receive your income monthly, quarterly, twice a year or yearly. You can also choose how you want your income to change over time.

Your annuity payments will be taxed as gross income.

Life cover equal to your initial capital investment is payable to your nominated beneficiaries when you die.

Invest in the Secured Capital Annuity

There is a minimum investment amount for our Secured Capital Annuity income plan.

Minimum investment amount
 
R75,000
 
 

 

 

Get certainty, security and additional income

When you invest in the Secured Capital Annuity, you benefit from guaranteed income, the ability to leave a capital legacy for your loved ones, and the opportunity to receive 13th cheques and age-based income adjustments.

Get guaranteed income, for life

You will have peace of mind knowing you will receive income for the rest of your life, in retirement.

Leave a capital legacy

Secure your family's financial future through life cover equal to your initial investment value.

Income adjustments

You can choose how your retirement income grows.

Receive 13th cheques and age-based income escalations
OR
A traditional, fixed escalation rate

 

Educational content to help with decision-making

 

Is retirement around the corner for you? You may have visions of long days lazing on the beach, or maybe you're counting down the months before you launch yourself into a new venture or passion project. Whatever your plans are, it's important to realise that even if you're no longer working fulltime, it's still essential to save for an income.

Learn more

 
Log in

Please click here to login into Discovery Digital Id

Please click here to login into Discovery Digital Id