Retirement Plans
Edelweiss Easy Pension
Synopsis:
fjrigjwwe9r3SDPrivInsuProd:Synopsis
Easy Pension is a unit-linked, retirement solution, suited to meet your needs to plan for a financially stable and happy retirement life.
Features:
fjrigjwwe9r3SDPrivInsuProd:Features
- Premiums Paying Options
- Premium paying options of single pay, limited pay and regular pay
- Choose Your Risk Strategy
- Option to choose your risk strategy for allocation between funds.
- Choice Of Terms
- Choice of terms up to 85 years and full flexibility with Premium Paying Terms
- ?On Death Of Life Insured
Death benefit during and after PPT:
Higher of :
1) Fund value
2) Assured benefit
3) 105% of total premiums paid till date of death where Assured Benefit is 101% of total premiums paid till death
- On death of the Life Insured, the nominee shall be entitled to one of the following options:
a) Option to utilize the entire proceeds of the policy or part thereof for purchasing an annuity at the then prevailing rate from the same insurer,or
b) Option to withdraw entire proceeds of the policy
Eligibility:
fjrigjwwe9r3SDPrivInsuProd:Eligibility
Entry Age (Last Birthday) |
Minimum : 18 Years
Maximum : 75 Years |
Maturity Age (Last Birthday) |
Minimum : 45 Years
Maximum : 85 Years |
Policy Term |
Minimum : 10 Years
Maximum : 67 Years |
Premium Paying Term |
Single Pay, Limited Pay [5 Pay To (Policy Term-5)], Regular Pay |
Premium Payment Frequency |
Single Pay, Annual, Semi-Annual, Quarterly, Monthly |
Minimum Premium |
|
Single Pay |
45,000 |
Limited/Regular Pay |
Annual |
15,000 |
Semi-Annual |
8,000 |
Quarterly |
4,000 |
Monthly |
1,500 |