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Jeevan Akshay A Pension Plan - 9811896425
Jeevan Akshay A Pension Plan - 9811896425
Minimum 0 30 25000
Maximum 0 75 0
Plan Highlights
This policy provides pension payments at a flat rate of interest from the time the premium is effectively paid
and these payments continue for as long as the annuitant lives.
This policy is designed for elderly individuals who need to invest their funds in a manner that it provides them
with sound benefits and returns, and also compensates their dependants in event of their demise.
Survival Benefits:
Monthly pensions payments calculated at 12 percent of the sum insured by the annuitant. The purchaser also
can avail of redeeming 30 percent of the Guaranteed Insurance Sum (GIS) after seven years due to which his
pension payments are granted at a slightly lower rate.
Death Benefits:
The nominees or beneficiaries of the annuitant will be compensated with the Guaranteed Insurance Sum
(GIS) plus a Final Terminal Bonus. This bonus is based on the surplus generated or the differential amount
succeeding the period of pension payment.