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- SUD Life Immediate Annuity Plus - WITHDRAWN PRODUCTS
SUD Life Immediate Annuity Plus
UIN 142N048V01 - 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
- Lifelong income with three plan options.
- Plan Option A - Purchase immediate annuity either from your savings or from the policy proceeds of any deferred pension plan (issued by SUD Life) & choose from 9 annuity options.
- Plan Option B - Purchase immediate annuity from the proceeds of reverse mortgage loan offered by any approved financial institution as mentioned in the Gazette of India. Choose from 2 Annuity options.
- Plan Option C - Purchase Immediate Annuity from proceeds of National Pension Scheme. Default ‘Annuity option 6 – Joint Life Annuity with 100% Return of Purchase Price’ is available to NPS subscribers. ‘Annuity option 2 – Life Annuity with 100% Return of Purchase Price’ available in case of single life.
- Plan option A: Purchase immediate annuity either from your savings or from the policy proceeds of any deferred pension plan (issued by SUD Life) & choose from 9 annuity options.
- Plan option B: Purchase immediate annuity from the proceeds of reverse mortgage loan offered by any approved financial institution as mentioned in the Gazette of India. Choose from 2 Annuity options.
- Plan Option C: Purchase Immediate Annuity from proceeds of National Pension Scheme. Default ‘Annuity option 6 – Joint Life Annuity with 100% Return of Purchase Price’ is available to NPS subscribers. ‘Annuity option 2 – Life Annuity with 100% Return of Purchase Price’ available in case of single life.
02.Key Features
03.Eligibility