The IndiaFirst Life Guaranteed Annuity Plan is designed to assure you regular income throughout your life-time. It helps you cope with your healthcare costs and stay ahead of inflation through your retirement years.
Reasons to buy IndiaFirst Life Guaranteed Annuity Plan
- Provide the assurance of a regular lifetime income to your members
- Your members get to protect their family with the return of Purchase Price facility under Life Annuity with 100% Return of Purchase Price option as they get back the investment amount.
- Options like Joint Life Last Survivor Annuity for Life to support the loved ones of your members
- Get the freedom to choose from 3 different annuity options
What are the eligibility criteria?
- Minimum entry age in the plan is 40 years* and maximum entry age is 80 years
- Minimum premium (purchase price) in the plan is INR 1,00,000 with no limit on maximum premium
- Minimum annuity amount is INR 1,000 monthly and INR 12,500 yearly with no limit on maximum annuity amount
- Minimum group size in the plan is 5 members. There is no limit on maximum group size.