- Immediate Annuity Plan - Annuity starts as early as the next month.
- Single premium plan: "Pay - Once - Enjoy - Forever".
- Options of Annuities to choose from:
- Immediate Annuity per annum payable for the remainder of life.
- Immediate Annuity per annum payable for 5 years certain so long thereafter as the annuitant may be alive.
- Immediate annuity per annum payable for 10 years certain and so long thereafter as the annuitant may be alive.
- Immediate Annuity per annum payable for 15 years certain and so long thereafter as the annuitant may be alive.
- Immediate Annuity per annum payable for 20 years certain and so long thereafter as the annuitant may be alive.
- Immediate Annuity per annum payable for life with return of purchase price on death of the annuitant.
- Immediate Annuity increasing at 3% per annum (simple) payable for life.
- Immediate Annuity for life with a provision for 50 % of the annuity to the spouse on death of the annuitant.
- Immediate Annuity for life with a provision for 100 % of the annuity to the spouse on death of the annuitant.
- Annuity for life with a provision for 100% annuity payable to spouse on death of annuitant with return of purchase price on death of the last survivor.
- No medical examination is required for purchasing this policy.
- Available for age at entry as low as 30 years and upto 85 years.
| Eligibility Criteria |
|
Min. |
Max. |
| Age |
30 |
85 |
| Sum |
10,0000 |
No limit |
| Premium Modes |
Single |
| Single Premium: Rs 100000 Plus taxation |
| Age is consider 30 years |
| Pension Mode |
A |
B |
C |
D |
E |
F |
G |
H |
I |
J |
| Yearly Mode |
7190 |
7190 |
7180 |
7160 |
7150 |
6890 |
5250 |
7080 |
6970 |
6860 |
| * Pension trends in option G |
|
Pension Yearly |
| Pension Mode |
1 |
2 |
3 |
4 |
5 |
10 |
15 |
20 |
| Yearly Mode |
5250 |
5408 |
5565 |
5723 |
588 |
6668 |
7455 |
8243 |
- Pension will start after the completion of the pension mode opted.
For example: If the pension mode is Half Yearly then the pension will start after the end of six months from the date of purchase of the policy.
