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Why purchase annuities with us?
Steady Income
Provides a reliable and consistent income throughout retirement, ensuring financial stability.
Longevity Protection
Offers protection against outliving your savings by providing payments for life or a specified period.
Financial Planning
Effective financial planning by converting lump sum retirement savings into regular payments.
In a nutshell
A retirement annuity is a financial product purchased with retirement savings, providing retirees with a regular income for life or a specified period after retirement. In Namibia, if you are a member of a pension fund, at retirement, Legaly you must put at least two-thirds (2/3) of the money you have built up in the fund into a retirement annuity.
Customer reviews
I've recommended Cosmic to all my friends and family because of the exceptional service I received. If you want a hassle-free insurance experience with a personal touch, look no further.
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An insurance brokerage acts as an intermediary between clients and insurance companies. Their main functions include:
- Advising Clients: Helping individuals and businesses understand their insurance needs and recommending appropriate policies.
- Sourcing Policies: Comparing offerings from various insurance companies to find the best coverage and rates for their clients.
- Negotiating Terms: Working with insurers to secure favorable terms and conditions for their clients.
- Claims Assistance: Assisting clients with filing and managing claims to ensure they receive their entitled benefits.
- Ongoing Support: Providing continuous advice and support, including policy reviews and updates as clients' needs change.
In essence, insurance brokerages help clients navigate the complexities of insurance to ensure they are properly covered.
Yes, Cosmic has valid licenses to carry out insurance broker services in Namibia. We are regulated by NAMFISA and we are obligated to abide by the long-term and short-term insurance act.