Skip to main content

Immediate Annuity Plan from Star Union Dai-ichi Life Insurance

After living a successful life and fulfilling your family’s dreams, you wish to live your retired life to the fullest too. You want to ensure a self sufficient future for yourself that enables a dignified retirement and peace of mind in your golden years.

SUD Life Immediate Annuity plan provides all of this and more. 

With Immediate Annuity plan your retirement is financially secured with regular life time income in the form of annuity payments. An affordable plan with minimum purchase price of Rs. 5,00,000, this plan is set out to bring the best value of your hard earned savings and ensure a happy retirement to you. You may choose any one option from the 4 options available under this plan, depending upon your annuity requirements and future needs. 

 1) Life Annuity 
 2) Life Annuity with return of purchase price 
 3) Life annuity that increases by 5% every year with return of purchase price on death 
 4) Life annuity that increases by 5% every year without return of purchase price on death


france pope said…
Very nice post, thanks for sharing the information. Keep up the good work.

life annuity ma
jackjack said…
This plan looks good to me. Hope to enroll myself in same kind of annuity plan in near future.
best annuity rates

Popular posts from this blog

How to choose best TERM PLAN?

We keep getting lot of questions on how to choose the best term insurance plan or which is the best term plan or which is the cheapest one. So let’s go deep to understand more about it.  To know the basics you can readwhat is term Plan? Let’s begin with understanding the importance of it & later we will see 3 criteria to choose best term plan.
We all know death & taxes are unavoidable – we plan for taxes to avoid trouble but do we plan for other one. NO… most of the Indians don’t. People look so sure that nothing will happen to them. That makes their families life miserable in case of sudden demise of the bread winner. Let me share a real example one of my sister’s friend expired due to food poisoning – he was under 30 years of age. He never thought, what will happen if he will not be there?? He left this question unanswered for her wife & 2 year old daughter. No one can fulfill the emotional vacuum but what about finances? If he would have given some importance to…

LIC's Jeevan Saral vs Recurring Deposit

This is the basic investment logic behind recurring deposit schemes. Banks and post offices have been offering such schemes in India. LIC, the largest life insurance company in the country, has now joined this club. LIC launched a special plan called Jeevan Saral a couple of years back to cater to such investor needs.
Jeevan Saral is nothing but an endowment assurance plan where the policyholder simply has to choose the amount and mode of premium payment. The plan provides protection against death throughout the plan term to the extent of 250 times of the monthly premium. For example, anyone opting to pay a monthly premium of Rs 1000 will get a risk cover of Rs 2,50,000 during the policy period.
The policy term varies according to the age of the policyholder. The death benefit includes the total risk cover and loyalty bonus, if any. LIC also promises return of premiums, excluding first-year premiums and extra/rider premiums.
This scheme also offers an accidental death benefit. In real l…

AVIVA i-Life Online Term Plan

Salient features of AVIVA i-Life
1. The minimum sum assured for iLife plan is Rs. 25 Lakhs while there is no maximum limit set but subject to underwriting requirement.
2. The minimum and maximum entry age for iLife plan is 18 years and 55 years respectively.
3. The maximum maturity age is 70 years.
4. The policy paying term is minimum of 10 years to maximum of 35 years.
5. You can pay the premium only yearly and no half yearly or quarterly premium payment options available with iLife.
6. Tax benefit under section 80c.

Other important features
Accidental Death Benefit - Offers Accidental Death Benefit rider for enhanced protection where additional sum equal to Accidental Death Benefit Rider Sum Assured shall be payable in case of accidental death.
Free Look Period - Aviva i-Life plan can be cancelled within 15 days of receiving the policy contract. A written application can be submitted to any branch for the same. The premium will be paid back minus some charges like stamp duty, medical reports…