JEEVAN AKSHAY -VIJEEVAN AKSHAY -VITABLE NO. 189TABLE NO. 189

IMMEDIATE ANNUITY PLAN IMMEDIATE ANNUITY PLAN

BASIC CONDITIONS BASIC CONDITIONS

Minimum Age at Entry 30 YearsMaximum Age at Entry 85 Years Minimum Purchase Price 1,00,000Minimum Purchase Price 1,50,000 (ONLINE)Mode Single Premium

SUITED FOR…SUITED FOR…

• Mostly suited for the people who don’t want premium paying liabilities in Future • Need a Regular and Periodical Amount without any interruption

BENEFITBENEFIT• MATURITY BENEFITMATURITY BENEFIT

No Maturity is payable in this plan, as there are various options are available to

Receive annuity

BENEFITBENEFIT• DEATH BENEFITDEATH BENEFIT

• Death benefits will be depending on Options Chosen by the Annuitent

ANNUITY OPTIONSANNUITY OPTIONSOPTIONS DEATH BENEFIT

1) Annuity for Life Annuity Ceases

2) Annuity Guaranteed for: 5,10,15,20 Years and for life there after

On death during the guaranteed period annuity is paid to the nominee till the end of guaranteed period after that Annuity will cease

3) Annuity for Life with return of Purchase price

Annuity cease and purchase price is return to the nominee

4) Annuity for life Increasing @ 3% p.a. (Simple)

Annuity ceases

ANNUITY OPTIONSANNUITY OPTIONSOPTIONS DEATH BENEFIT

5) Annuity for life with provision for 50%of the annuity to the spouse of the annuitant for life on death of annuitant

Annuity will be ceased by 50% & 50% annuity will be paid to spouse, In case of early death of spouse nothing is payable after death of Annuitant

6) Annuity for life with a provision for 100% of the annuity to the spouse of the annuitant for life on death of annuitant

Annuity ceases & 100% of annuity is paid to the surviving named spouse during his/her lifetime. In case of early death of spouse nothing is payable after death of Annuitant

ANNUITY OPTIONSANNUITY OPTIONSOPTIONS DEATH BENEFIT

7) Annuity for Life(Joint Life) with a provision of 100% of the annuity payable to spouse during his/her life time on death of annuitant with return of Purchase Price on death of last survivor

Payment of annuity ceases. 100% of annuity is paid to the surviving named spouse during his/her lifetime and purchase price is returned to the nominee after the death of the spouse. If the spouse predeceases the annuitant, the annuity ceases and Purchase price is paid to the nominee

MODE OF ANNUITY PAYMENTMODE OF ANNUITY PAYMENT• Yearly • Half Yearly • Quarterly • Monthly

OTHER OTHER • SERVICE TAXSERVICE TAX

Service tax should be collected from the policy holder along with the Purchase Price

REBATE IS AVAILABLE ONLY ON REBATE IS AVAILABLE ONLY ON HIGH PURCHASE PRICE HIGH PURCHASE PRICE

Mode of Annuity

PURCHASE PRICE2,50,000 to

4,99,0005,00,000 to

7,49,0007,50,000 to

9,99,99910 lac and

Above

Yearly 3.75 4.00 4.30 4.35Hlf Yly 3.45 3.70 4.00 4.05

Qly 3.35 3.60 3.90 3.95Mtly 2.90 3.50 3.80 3.90

Note: Scale of absolute amount of incentive under high purchase price policies as an addition to the annuity rates per annum per rupees ONE THOUSAND purchase price is as Above

OTHER OTHER • SURRENDER VALUESURRENDER VALUE

No surrender value shall be available in this plan

• LOAN VALUELOAN VALUE No loan shall be given to policy holders under this Plan

THANK YOUTHANK YOU