Pension Plan
The plan provides a post retirement monthly income to the assured thereby ensuring that the assured does not have to depend on any other person or make any compromises in his golden years.
The assured can choose the premium, the Sum Assured and the retirement date. It is a truly flexible plan. Live your retired life on your own terms.
Policy Requirements
Minimum Entry Age: 20 Years
Maximum Entry Age: 60 Years
Minimum Sum Assured: Rs. 10,000/-
Maximum Sum Assured: Divisible by 10,000/-
Maturity Period: 10, 15, 20,25,30,35 and 40 Years
Maximum Maturity Age: 70 Years
Age Calculation: Age on next birthday
Premium Payment Frequency: Annually, Half Yearly, Quartly and Monthly
Health Checkup: Not Required
Minimum Age for Annuity Start: 40 Years
Annuity Selection Time: On Maturity. One from 5 options mentioned below
Annuity Start Time : One month after the Maturity