"A
Unit Linked Insurance Plan without allocation charges" |
LifeStage
Pension has no premium allocation charge for regular premiums which means 100%
of your money is invested. The policy provides you with a unique lifecycle-based
strategy that continuously re-distributes your money across various asset classes
based on your life stage and risk tolerance, eventually providing you with a customised
retirement solution.
| |
Plan
Parameters
| |
Age at entry | Minimum18
years & Maximum70 years | | | Minimum
Premium | Rs.15000 per annum |
| |
Policy Term | Minimum 10 years/
Maximum 62 years | | | Maximum
Cover Ceasing Age | 80 years | | | Vesting
Age | Minimum 50 years/ Maximum
80 years | | | Premium
Paying Frequency | Yearly,
Half-yearly, Monthly | |
Key
Benefits | | |
 | Option
to choose a unique and personalised lifecycle based portfolio | |
| Opportunity
to earn potentially higher returns by investing in Unit Linked Funds | |
| Tax-free
commutation up to one-third of the accumulated value on vesting (retirement) date | | | Avail
tax benefits on premiums paid u/s 80C & Sec 10 (10 D) of IT Act. | |
|
| | |
