Unique Features

`Corpus'(Notional Cash Option + Bonuses Accrued)

• compulsorily utilized to fetch pension for rest of life from the vesting date on the Annuity rates prevailing then.
  

Option

• to receive 25% of the `Corpus' in lumpsum on the vesting date and allowing the remaining to fetch pension as above.
  

9 different pension options to choose from the vesting date.

Option

• to receive pension either monthly or quarterly or Half-yearly or Yearly from the vesting date.
  

Sum Insured with premium paid till date of death with 5% interest per annum to the nominee

• on Annuitant's death should it occur during the pension deferrment period with Term Rider on by payment of extra premium.
  

Return of All Premiums paid till death with 5% interest per annum

• to the nominee in case Term Rider has not been opted for.

Income-Tax exemption

• on the premium paid under section 80CCC of the I.T act within Rs 1 Lakh per annum allowed for various investments under section 80 C of the said act.
  

Pension as and when received

• deemed as salary for the purposes of income-tax. No TDS.
  

Available for investment

• by all Resident and Non-Resident Indian investors in the age group of 18-67 years for those opting for life insurance coverage and 70 years otherwise.
  

Pension vesting age to be between 50-79 years.