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SUD Life Guaranteed Pension Plan

SUD Life Guaranteed Pension Plan is a non-linked non participating deferred pension product that helps you to plan for your life, post retirement – be it starting a new venture, pursuing a hobby, travelling across the world or just enjoying time with family and friends. This plan helps you meet planned as well as unplanned financial needs by providing a lump sum at retirement.

Vesting benefit at retirement^

Guaranteed additions

Assured pay-out in case of demise #

Hassle free enrolment – no medicals

Flexibility to choose investment period

^ To buy an annuity plan

# higher of 105% of all premiums paid excluding tax or return of all premiums paid accumulate at 6% p.a. compounded till the end of policy month following the date of death of the Life Assured

Option to Choose your Policy Term

Premium Payment Term (PPT)Policy Term
Single5 Years
Single10 Years
5 Years10 Years
10 Years15 Years
15 Years20 Years

Premium Payment Modes

Single
Monthly *
Quarterly *
Half Yearly
Yearly

Minimum Premium

Premium Payment Term Option (PPT)Minimum Annual Premium
Single PremiumRs.1,00,000
5 Year Limited PayRs.30,000
10 Year Limited PayRs.20,000
15 Year Limited PayRs.20,000

Maximum Premium : Rs. 5 Crores (Single/ Annual)

Service tax will be collected over and above the premium.

*Monthly/ Quarterly mode through ECS/ SI only

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

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