Retirement Plans
Assured Income Plan
Synopsis:
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A Non-Linked Non-Participating Guaranteed Return Endowment Assurance Plan
Features:
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- Payout period- 10, 15, 20 or 25 years
- Annual Payout- Rs. 24000 to Rs. 50,000,00&
- Premium Payment Term- 10 or 15 years
- Premium Payment Mode- Yearly, Half Yearly, Quarterly or Monthly*
- Deferment period- 0 or 5 years
- Policy Term= Premium Payment Term + Deferment Period (if any) + Payout Period
- Maturity Benefit= Return of all premiums#
- Death Benefit= Death Sum Assured$ + Additional Annual payouts (as chosen by you) + Scheduled Annual Payouts (as chosen by you)
Benefits:
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- Guaranteed tax free^ annual income in future to meet your growing needs
- Get all your premiums back# at the end of policy term
- Immediate lump sum as well as regular income to the family in case of uncertainties
Eligibility:
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Age at entry |
8 to 55 yrs |
Maximum age at maturity |
75 yrs |