Life Insurance
Home
 

Pension Plans India

Download Brochure
       
       
Pension Plans Annuity Rates AEGON Religare Insta Pension Plan – Annuity Rates

Insta Pension Plans

Your family looks to you for support and strength at all times. Whether markets crash, prices rise or unforeseen events run riot with your budgets, you manage to come out of such situations on top. All your life, you strive hard and make sure you earn enough and more to ensure that you and your family get the best of everything. Why should your post-retirement life be any less?


At AEGON Religare Life Insurance we understand this. Hence, we bring you the AEGON Religare Insta Pension Plan. A plan that pays you a continuous income post your retirement for the rest of your life. So that you maintain your current lifestyle even after retirement and live the way you always have – without compromise.


How does the plan work?


Step 1: Decide the amount of premium (lump sum amount) you want to pay to purchase the             Annuity Plan.
Step 2: Choose any one of the two available annuity payout options.
Step 3: Choose the annuity payout mode with which you would want to receive your annuity.
Step 4: Choose the most convenient way to receive your annuity amount from any of the two             available options.


Purchasing an Annuity


As soon as you purchase an annuity plan, you start getting a regular income in the form of an annuity. The actual amount you receive as annuity will depend upon the Annuity Rates applicable at the time of purchasing the annuity.


Benefits


Lifetime Income


Depending on the annuity payout option that you choose, the AEGON Religare Insta Pension Plan provides you and your spouse an income for life.


Features


Annuity Payout Options
You have the choice to select from any of the following Annuity Payout Option.


Life Annuity
If you choose the Life Annuity option, you will receive your annuity payment for as long as you live.


Joint Life Annuity
Under this option, an annuity is paid to you for your entire life. In case of your unfortunate death, the annuity payment will be continued to be paid to your spouse, till your spouse is alive.


Annuity Payout Mode
You can choose to receive your annuity either on a monthly or on an annual basis.

Options to receive you annuity
You have the option to receive your annuity amount either by cheques or by direct credit to your bank account.


Eligibility


Premium Minimum: Rs. 1,00,000
Maximum: No Limit
Premium Pay Term Single Premium
Entry Age Minimum: 50 years
Maximum: 75 years
Entry Age of Spouse Minimum: 50 years
Maximum: 75 years