BIRLA SUN LIFE INSURANCE FREEDOM 58

This plan ensures that you live your life the same way as you lived pre-retirement. It also ensures that you are financially secured even during your days of retirement.

Features:

• It gives you the flexibility to make your own retirement strategy for your savings.

• Flexibility to choose from two investment options available.

• The minimum entry age is 18 years and maximum is 75 years.

• The minimum accumulation period is 5 years.

• After the completion of 3 years, you get the benefit of unlimited partial withdrawals.

• The minimum amount of partial withdrawal is Rs.5, 000.

• The minimum annual premium to be paid is Rs.10, 000.

• It is a regular premium payment term.

Benefits:

• Free of charge unlimited partial withdrawals after the completion of 3 years.

• Freedom to change investment option at any time.

• Freedom to meet any cash emergencies after three policy years through free of charge partial withdrawals or full surrender with applicable surrender charge.

• Freedom to change premium allocation at any time for Self Managed option.

• You can switch between different investment funds at any time.
• In case of your unfortunate death during the accumulation phase, the company will pay the fund value as a death benefit to your nominee.

• No surrender charges will be applicable after the completion of 5 years.

• You can enjoy the tax benefits under Section 80CCC and Section 10 (10A) of the Income Tax Act, 1961.