Exide Life Immediate Annuity is a traditional Pension plan which is designed to take care of expenses post retirement by providing regular annuity.
Secure Your Retirement with
100% Guaranteed
Pension For Life
Invest 20 Lacs Get ₹ 1.6 Lacs pension for Life
Guaranteed Return For Life
Multiple Annuity Options
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
|
Minimum |
Maximum |
Entry Age (Last Birthday) |
0 years |
75 years |
Purchase Price |
50,000 |
No limit |
Yearly Annuity Payout |
1,000 |
No limit |
Annuity payout Frequency |
Monthly, quarterly, half-yearly, yearly |
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Annuity rates for a purchase price of 1 lakh
Age / Frequency |
Monthly |
Quarterly |
Half-yearly |
Yearly |
50 yrs. |
4166 |
4181 |
4205 |
4251 |
55 yrs. |
4328 |
4344 |
4369 |
4418 |
60 yrs. |
4493 |
4508 |
4533 |
4584 |
You may also like to read: Present Value of Annuity Table | Types of Annuity
Grace Period: Grace period is not applicable.
Policy Termination or Surrender Benefit: the policy cannot be surrendered
Free Look Period: If you would not be pleased with the coverage, and terms and conditions of the policy, you have the option of canceling the policy within 15 days of receipt of the policy documents, provided there has been no claim.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history along with the address proof and other KYC documents.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply