Life Annuity with return of balance purchase price

You get payout for life and after you, the Balance Purchase Price will be returned to your nominee.

Balance Purchase price will be equal to Purchase Price (premium paid by you in the beginning excluding taxes) less sum total of the annuities already paid.

Life Annuity guaranteed for 5, 10, 15 years and thereafter for life

You get payout for a guaranteed period of 5, 10 or 15 years as chosen by you, and life thereafter.

In case of your demise during the guaranteed period, the annuity for the remaining guaranteed period will be paid to your nominee.

Life Annuity with annual increase of 5%

You get annuity for life with an increase at a simple rate of 5% for each complete policy year throughout your entire life.

Life Annuity with return of purchase prices (choice of return of 50% or 75% Purchase Price)

You get annuity for life and after you, as per your choice, 50% or 75% of the purchase price will be returned to your nominee.

Purchase price is the premium paid by you in the beginning excluding taxes.

Joint Life Last Survivor without Return of Purchase Price

Pays you annuity for life and on death the annuity continues for the life of your spouse.

Joint life last survivor with return of purchase price

Pays you annuity for life and on death the annuity continues for the life of your spouse.

On the demise of the last survivor the purchase price is returned to your nominee.

Purchase price is the premium paid by you in the beginning excluding taxes.

Life Annuity with return of purchase price

Pays you annuity for life. On your demise, the purchase price is paid back to your nominee.

Purchase price is the premium paid by you in the beginning excluding taxes.

Life Annuity with return of Purchase Price on Critical illness (CI) or Permanent Disability due to accident (PD) or Death

You get annuity for life till first occurrence of any of the 7 specified critical illnesses, before the age of 80 years, or death.

The Purchase Price is returned to me/nominee, in case of first occurrence of any of the 7 specified CI or PD before the age of 80 years, or death.

Joint Life, Last Survivor with Return of Purchase Price in parts

Pays you an annuity for life and thereafter to your spouse for his/her life.

On the earlier of either your or your spouse's demise, 50% of the purchase price is returned to the survivor (you /spouse). After the death of the last survivor, balance 50% of the Purchase Price is returned to the nominee.

NPS – Family Income

Available only for National Pension Scheme (NPS) Subscribers. Pays you an Annuity benefit in accordance with the regulations prescribed by Pension Fund Regulatory and Development Authority (PFRDA).

Life Annuity

With this option, you get regular payout for your entire life.