BIRLA SUN LIFE INSURANCE IMMEDIATE INCOME PLAN
-
No Comments
This plan is specially designed for those who want to live their life to the fullest even at their age of retirement.
Features:
- This plan will give you a guaranteed income over your entire life.
- The minimum age required at the entry level is 50 years and maximum is 90 years.
- You can purchase the annuity to get a regular income of Rs.1, 000, Rs.3, 000, Rs.6, 000 or Rs.12, 000 for monthly, quarterly, semi-annual and annual mode of annuity payment.
- There is no maximum limit on the purchase price.
- You do not require going through any medical examination under this plan.
Benefits:
- Flexibility to choose your annuity payout options from monthly, quarterly, semi annual or annual modes.
- Flexibility to choose the amount of premium you want to pay to purchase the annuity depending on the amount of regular income you wish to receive.
- In case of your unfortunate death, the nominee of your policy will receive 100% of the annuity purchase price (i.e. single premium).
- You can enjoy the tax benefits under Section 80CCC of the Income Tax Act, 1961.
Published on August 10, 2010 · Filed under: Birla Sun Life Insurance;





