This option provides income as long as the annuitant is alive and ceases only on death of the annuitant.
This option provides income as long as the annuitant is alive and ceases only on death of the annuitant.
This option provides income as long as the annuitant is alive and on death of the annuitant 100% of purchase price will be payable to the nominee.
This option provides income as long as the annuitant is alive or until the end of certain period of 5/10/15 years whichever is later. In case of death during the specified period, the nominee shall be paid the annuity till completion of chosen certain period.
This option provides income as long as the annuitant is alive. Upon the annuitant being diagnosed with any of the covered critical illnesses or death, the annuity payments will cease and 100% of the purchase price will be payable to the annuitant / nominee and policy will be terminated.
This option provides income as long as the annuitant is alive. At the end of 10th year, 30% of the purchase price will be paid to the annuitant on survival. On death of the annuitant beyond 10 years, the annuity payments will cease and 70% of the purchase price will be paid to the nominee. On death of the annuitant within 10 years, the annuity payment will cease and 100% of purchase price will be payable to the nominee.
This option provides income as long as the annuitant is alive. The annuity will increase every 3 years at simple rate of 5% on initial annuity and will cease on the death of the annuitant.
This option provides income as long as the annuitant is alive. The annuity will increase every 3 years at simple rate of 5% on initial annuity. On the death of the annuitant the annuity payments will cease and 100% of purchase price will be payable to the nominee.
On the death of the either annuitant, the annuity payment continues for the other annuitant. On the death of both annuitants, the annuity payments will cease and no further amount will be payable.
The annuity will be payable in arrears for the life of the last surviving annuitant. On the death of the either annuitant, the annuity payment continues for the other annuitant. On the death of both annuitants, the annuity payments will cease and 100% of purchase price will be payable to the nominee.
The deferment period is of 5-10 years with annuity rate being set at inception of the policy. After the end of deferment period; the annuity will be payable immediately. On the death during deferment period; 110% of purchase price will be payable to the nominee. On the death of the annuitant after deferment period; the annuity payments will cease and no further amount will be payable.
The deferment period is of 5-10 years with annuity rate being set at inception of the policy. After the end of deferment period; the annuity will be payable immediately. On the death of the annuitant during deferment period; 110% of purchase price will be payable to the nominee(s) / legal heir(s) of the annuitant. On the death of the annuitant after deferment period; the annuity payments will cease and 100% of purchase price will be payable to the nominee(s) / legal heir(s) of the annuitant.
