Age Band

• Minimum Age at entry: 26 Years (completed)
• Maximum Age at entry: 59 years (nearest birthday)

Term/Tenure

• Tenure: 6-29 Years

Premium Mode

• Yearly, Half-yearly, Quarterly.

Yearly Pension

• Any amount will be entitled

Premium Payment Age

• Maximum 60 [Sixty] years.

Pension Earning Age

• Minimum 50 [Fifty] years.

Bonus

• Not Applicable

Partial Maturity

• Not Applicable

Supplementary Contracts/Riders

• Supplementary Benefits: If the proposer takes extra life coverage then Supplementary Coverage can be added in this plan by paying extra premium.

During Pension Earning Period

• After end of term of the policy, quarterly pension will be paid up to life time of the policyholder or guaranteed 10 (Ten) years.
• If the policyholder passes away within the guaranteed 10-years of starting pension, the nominee will receive regular pension payments for the remaining years

During Premium Payment Period

• In the event of the payor’s death within the term of the policy:
  • a) Full refund of all deposited premiums in case of the policyholder’s death within the policy term but before starting the pension payment.
  • b) Extra Life Risk Coverage (if any): The Sum assured will be payable if the policyholder death before commencement of pension payment and reaching the age of 60 years.