This Plan is a non-linked, non-participating, Single Premium DEFERRED ANNUITY PLAN. This plan shall be allowed to lives including third gender.

 

Premium Payment Mode:

Single Premium

 

Annuity Mode:

• Annuity may be paid either at monthly, quarterly, half yearly or yearly intervals.

 

Minimum Entry Age :

30 Year Completed

 

Maximum Entry Age :

• 79 years (last birthday) Deferred Annuity

 

Minimum Sum Assured :

• Rs.1,50,000/-

 

Maximum Sum Assured : NO LIMIT

 

Annuity Option :

DEFERRED ANNUITY

 

DEFERMENT PERIOD :

1 year to 12 years

 

CLOSE RELATIVES AS JOINT LIFE ANNUITANTS [ MEANS : GRAND PARENTS / PARENTS / CHILDREN / GRAND CHILDREN OR SPOUSE OR SIBLINGS ]

Surrendered Value :

The policy can be surrendered at any time after three months from the completion of policy.Surrendered shall be allowed under the following annuity options only:

• Deferred annuity-

i) Option 1: Deferred annuity for Single life

ii) Option 2: Deferred annuity for Joint life

 

Loan :

Loan facility shall be available after three months from the completion of policy or after expiry of the free-look period,Whichever is later. Policy loan shall be allowed under the following annuity options only:

• Deferred annuity-

i) Option 1: Deferred annuity for Single life

ii) Option 2: Deferred annuity for Joint life

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For more information Contact Us.