Benefits:
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A variety of Annuity Options to choose from :
Single Annuity :
- Life Annuity
- Life annuity with refund of purchase price
- Life annuity with refund of balance purchase price
- Annuity certain for 5 to 35 years and annuity for life thereafter
- Increasing Life annuity (Simple increasing)
Joint Annuity :
- Joint life (last survivor) annuity
- Joint life (last survivor) annuity with refund of purchase price
- Joint life annuity certain for 5 to 35 years and joint life (last survivor) annuity thereafter
The plan benefits would depend on the annuity options selected.
|
Minimum |
Maximum |
Age at Entry |
For Members: 30 Yars |
For Members: 85 Yars |
For Spouse: 18 Yars |
For Spouse: 85 Yars |
Group Size |
10 Members or less |
1No Limit |
Annuity Amount |
INR 12000 per person per annum |
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