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.
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.
