Jeevan Nidhi ……. Jeevan Nidhi ……. ten good reasons ten good reasons whywhy

bcos’bcos’

11

By the year 2016, 11.3 crore By the year 2016, 11.3 crore

people in India are people in India are expected expected

to be aged to be aged greater than 60 yearsgreater than 60 years

There are more than 5.5 crore There are more than 5.5 crore peoplepeople

aged more than 60 yearsaged more than 60 years

in India today. in India today.

Jeevan Nidhi ……. Jeevan Nidhi ……. ten good reasons ten good reasons whywhy

bcos’bcos’

2

Average educated IndianAverage educated Indian

is expected to live 20 yearsis expected to live 20 years

beyond his retirement age beyond his retirement age

Retirement is a wonderful opportunityRetirement is a wonderful opportunity

to live a new life, develop new intereststo live a new life, develop new interests

make new contributions to society make new contributions to society

Jeevan Nidhi ……. Jeevan Nidhi ……. ten good reasons ten good reasons whywhy

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3

You need not compromise on You need not compromise on

your lifestyle even your lifestyle even

when you retire when you retire

Financial independenceFinancial independence

will enable you to live life will enable you to live life

your own way even afteryour own way even after

Jeevan Nidhi ……. Jeevan Nidhi ……. ten good reasons ten good reasons whywhy

bcos’bcos’

4

Life expectancy has increased considerablyLife expectancy has increased considerably Costs of living and health care have risenCosts of living and health care have risen Joint family system has disintegratedJoint family system has disintegrated Interest rates have fallen significantly Interest rates have fallen significantly Standard of living has to be maintained.Standard of living has to be maintained.

All the above circumstances All the above circumstances

necessitate sufficient & consistent incomenecessitate sufficient & consistent income

after you retire from workafter you retire from work

Jeevan Nidhi ……. Jeevan Nidhi ……. ten good reasons ten good reasons whywhy

bcos’bcos’

5

Businessmen, Professionals, Shopkeepers, AgriculturistsEmployees in the new age industries like BPOs, Call Centersneed regular income when they retire from work in the same fashion as employees who areprovided pensions through their employers.

Our country has a large number of such professionals, businessmen, agriculturists & alsoemployees in the New Age industries.

Jeevan Nidhi ……. Jeevan Nidhi ……. ten good reasons ten good reasons whywhy

bcos’bcos’

6

Jeevan Nidhi provides risk cover during the deferment period.

Options are available for term assurance cover, critical illness cover, premium waiver cover.

Enables planning for retirement

from an early age of 18 years,

in small instalments

Jeevan Nidhi ……. Jeevan Nidhi ……. ten good reasons ten good reasons whywhy

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7

There are options

for five different types of annuities

Option available to start pension

from as early as age 40 years

to age 70 years.

Jeevan Nidhi ……. Jeevan Nidhi ……. ten good reasons ten good reasons whywhy

bcos’bcos’

8

Premium paid upto Rs. 10,000 in a yearis eligible for Income Tax rebate under Sec. 80 CCC(1) of Income Tax,, 1961.

Deferment period 5 to 35 years are available. Premium can also be paid in a single instalment.

Jeevan Nidhi ……. Jeevan Nidhi ……. ten good reasons ten good reasons whywhy

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9

It guarantees an amount equal to :Sum Assured + Guaranteed Addition @ Rs. 50 per thousand sum assured per annum for first 5 years+ Simple reversionary bonus from 6th year onwards + Terminal Bonus, if any.

Above amount will be used to provide annuity on date Above amount will be used to provide annuity on date of vesting.of vesting.

If unfortunate death occurs earlier to vesting, amountIf unfortunate death occurs earlier to vesting, amountpaid to beneficiary in lump sum. paid to beneficiary in lump sum.

Jeevan Nidhi ……. Jeevan Nidhi ……. ten good reasons ten good reasons whywhy

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10

It will spare you of the worries of ‘tomorrow’ It will spare you of the worries of ‘tomorrow’

and enable you to enjoy your ‘today’.and enable you to enjoy your ‘today’.

There is a need to provide for ‘risk of living longer’

in the same way we secure against ‘risk of dying early’.