- This is a single premium plan wherein the Policyholder has an option to choose an Immediate or Deferred annuity.
- The annuity rates are guaranteed at the inception of the policy for both Immediate and Deferred Annuity and annuities are payable throughout the life time of Annuitant(s).
- This plan can be purchased offline as well as online.
- Make one time investment and get Guaranteed life long income.
- 9 different annuity options to choose from to suit every need and circumstance.
- Option to choose either Immediate Annuity or postpone it to a future date as Deferred Annuity.
- Annuity rates are guaranteed from inception of the policy.
- Guaranteed additions during deferment period.
- This policy can be taken on own life or as joint life with grandparent, parent, children, grandchildren, spouse or siblings.
- Loan Available: Loan facility shall be available after completion of 1 policy year.
- Surrender Allowed: The policy can be surrendered at anytime after three months from the completion of policy when Annuity Option is with return of purchase price.
- Free look Period: If the Policyholder is not satisfied with the "Terms and Conditions" of the policy, the policy may be returned to the Corporation within 15days.
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