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HDFC Life New Immediate Annuity Insurance Plan

HDFC Life New Immediate Annuity Insurance Plan - HDFC Life New Immediate Annuity Plan is a non linked traditional annuity plan that offers you various annuity options and provides you an opportunity to live life at on your terms even after retirement.

HDFC Life New Immediate Annuity Insurance Plan (Features):

Financial independence is a dream for most individuals.To lead a comfortable life, particularly after retirement after all the years of hard work is on everyone’s wish list. A smart way to ensure a regular income stream post retirement is by taking an annuity.

  • Guaranteed income for as long as you/your partner lives
  • Wide range of annuity options to cater to your diverse needs
  • Flexibility to choose frequency of annuity from monthly/quarterly/half-yearly/annual options

HDFC Life New Immediate Annuity Insurance Plan (Advantages):

  • Guaranteed income for as long as you/your partner lives at a frequency of your choice - monthly/quarterly/half-yearly/annual options
  • Benefit from higher annuity rates at investment of Rs 2,50,000 or higher
  • Death benefit on certain annuity options that provide for return of purchase price or annuity to your spouse

HDFC Life New Immediate Annuity Insurance Plan (Eligibility):

Min-Max entry age 30-85 years
Min-Max yearly annuity payout Rs. 10,000 - No limit
Min-Max half yearly annuity payout Rs. 5,000 - No limit
Min-Max quarterly annuity payout Rs. 3,000 - No limit
Min-Max monthly annuity payout Rs. 1,000 - No limit

Age has to be taken as of "last birthday" basis

HDFC Life Insurance Retirement Plans and Policy

 

Disclaimers:

Starting premiums for this plan are Rs. 24000 per year and the plan is available only on an annual mode

HDFC Life Smart Woman Plan (Form No: P501, UIN: 101L082V02). This is a unit linked non participatory product. For more details on risk factors, terms and conditions and exclusions please read the product brochure or consult financial consultant before conclusion of sale. Unit linked insurance plans are different from traditional plans and are subject to different market risks. The investment risk in the portfolio is borne by the policyholder. (hdfclife.com)

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