Remain self reliant and financially confident even in the post retirement scenario with best retirement plans. Why compromise on your standard of living simply because you are no longer in service! Pramerica is a joint venture between Prudential International Insurance and , a reality major and it brings Golden Age Plans to let elderly people lead a life of quiet dignity.*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Golden Age is an annuity plan to provide policyholders post-retirement benefits. Included in this pension plan is death and maturity benefits. There is complete flexibility of choosing the retirement age and there is tax-free commutation present for up to one-third fund values on retirement. The minimum annual premium for the Golden Age plan is INR 15,000. Annuity payouts are available once the policyholder reaches 45 years of age, but it is possible to defer this up to 75 years.
The Golden Age Plus plan allows individuals to save and generate regular incomes through this annuity plan. The minimum entry age remains between 18 and 65 years. The minimum and maximum policy term for this is 10 and 57 years respectively. The modes of premium payments include annually, semi-annually, quarterly, and monthly amounts. Minimum annual accumulated amounts for this policy are INR 18,000.
Golden Age Plus Single Premium as the name suggests allows individuals to choose a single premium amounts for contributions towards their retirement fund. Select vesting age between 45-75 years for a minimum 10-year term. Those who want can top on single premium amounts anytime they wish within the term period. This plan adds 2.5% of the average single premium value of the fund for the 36 preceding months to the unit account of the policyholder on 10th year-end of the policy.
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Do not let the impending retirement daunt you anymore!
For online transaction, please visit e-portal.
For paying online, you must visit the portal with the user id and password and enter the policy number for renewing it. Online payment options with the aid of debit card, credit card and Net banking is available.
Cheque pick up facility can also be opted, wherein the company’s staff will get the cheque from your doorsteps.
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For new users, a period of 15 days is given, wherein you can surrender the policy, clearing stating the reason for the same.