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- SUD Life Immediate Annuity Plan - WITHDRAWN PRODUCTS
SUD Life Immediate Annuity Plan
UIN 142N006V02 - SUD Life Immediate Annuity Plus is a non-linked, non-participating individual immediate annuity plan, which assures a regular flow of income as per the chosen plan option.
01.Benefits
- Get regular income after your retirement, till the last day of your life
- Affordable purchase price starting at Rs.5,00,000
- Decide on how much amount you wish to receive as annuity after your retirement
- Flexibility to receive the annuity in Yearly, Half Yearly, Quarterly or Monthly modes
02.Key Features
- 4 Annuity Options as follows
- Life Annuity
- Life Annuity with return of purchase price
- Life annuity that increases by 5% every year with return of purchase price on death
- Life annuity that increases by 5% every year without return of purchase price on death
- Single premium plan
- Minimum Purchase Price: Rs.5,00,000
- Annuity modes: Yearly, Half Yearly, Quarterly or Monthly
03.Eligibility
Minimum Age at Entry
- 50 years
Maximum Age at Entry
- 80 years