Amid the COVID-19 pandemic, a robust retirement plan that offers a substantial retirement corpus to policyholders, in order to meet their medical expenses, health contingencies, etc has become the need of the hour. Some policies offer suitable ways to meet retirement expenses, and one of them is the Bajaj Alllianz Life’s annuity plan- which provides guaranteed lifelong regular income as long as one is alive. The product — Bajaj Allianz Life Guaranteed Pension Goal, stands above the other financial policies for establishing a retirement plan as it locks the annuity amount at the time of purchasing the policy.The amount stays fixed for a lifetime. Due to this, Bajaj Allianz Life’s annuity plan provides long-term guaranteed income requirements of the policyholders. The life insurance plan for retirement also offers flexibility to choose from nine annuity income options to cater to unique lifestyle goals, after retirement.