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Plan No. 189
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.
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