Life annuityLife annuity

A life annuity pays you a regular income for life, no matter how long you live. There are no limits on how much you can pay into your scheme, or for how many years you can receive your pension income. A life annuity therefore gives you financial security for the rest of your life when you have retired.

Everyone with a permanent address in Denmark can set up a life annuity with us - there is no upper age limit.

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You can set up a life annuity at any time - also after you have reached age 75. And you will receive a regular monthly income, no matter how long you live.

Advantages of a life annuity

  • the scheme gives you financial security as you will receive a regular monthly income for life
  • there is no limit on your contributions
  • you can get personal income tax relief on contributions
  • if you are below the age of 67, you can buy an exemption from contributions (waiver of premium) if your earning capacity is reduced
  • the possibility of taking out cover for your spouse and/or a guarantee for the life annuity so that your surviving relatives are sure to receive your pension for a specified number of years.
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Danica Pension, Parallelvej 17, 2800 Kgs. Lyngby. Tlf. +45 70 11 25 25, fax +45 45 14 96 16, e-mail: kontakt@danicapension.dk, CVR-nr. 25 02 06 34.

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