Retirement Plans
Guaranteed Pension Plan
Synopsis:
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A plan that helps you meet planned as well as unplanned financial needs by providing a lump sum at retirement.
Features:
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- Option to Choose your Policy Term
Premium Payment Term (PPT) Policy Term
Single 5 Years
Single 10 Years
5 Years 10 Years
10 Years 15 Years
15 Years 20 Years
- Premium Payment Modes
Single
Monthly *
Quarterly *
Half Yearly
Yearly
-
Minimum Premium
Premium Payment Term Option (PPT) Minimum Annual Premium
Single Premium Rs.1,00,000
5 Year Limited Pay Rs.30,000
10 Year Limited Pay Rs.20,000
15 Year Limited Pay Rs.20,000
- Maximum Premium : Rs. 5 Crores (Single/ Annual)
- Service tax will be collected over and above the premium.
Benefits:
fjrigjwwe9r3SDPrivInsuProd:Benefits
- Vesting benefit at retirement
- Guaranteed additions
- Assured pay-out in case of demise
- Hassle free enrolment – no medicals
- Flexibility to choose investment period
Eligibility:
fjrigjwwe9r3SDPrivInsuProd:Eligibility
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Minimum Vesting Age |
55 years (age last birthday) |
Maximum Vesting Age |
70 years (age last birthday) |
Age at Entry |
35 to 65 years (age last birthday), subject to minimum and maximum vesting age |