1. IMMEDIATE ANNUITY PLAN
JEEVAN AKSHAY -VI
TABLE NO. 189
IMMEDIATE ANNUITY PLAN

2. BASIC CONDITIONS Minimum Age at Entry 30 Years Maximum Age at Entry
Minimum Purchase Price
1,00,000
1,50,000 (ONLINE)
Mode
Single Premium

3. SUITED FOR…
Mostly suited for the people who don’t want premium paying liabilities in Future
Need a Regular and Periodical Amount without any interruption

4. BENEFIT MATURITY BENEFIT
No Maturity is payable in this plan, as there are various options are available to Receive annuity

5. BENEFIT
DEATH BENEFIT
Death benefits will be depending on Options Chosen by the Annuitent

6. ANNUITY OPTIONS OPTIONS DEATH BENEFIT 1) Annuity for Life
Annuity Ceases
2) Annuity Guaranteed for: 5,10,15,20 Years and for life there after
On death during the guaranteed period annuity is paid to the nominee till the end of guaranteed period after that Annuity will cease
3) Annuity for Life with return of Purchase price
Annuity cease and purchase price is return to the nominee
4) Annuity for life 3% p.a. (Simple)
Annuity ceases

7. ANNUITY OPTIONS OPTIONS DEATH BENEFIT
5) Annuity for life with provision for 50%of the annuity to the spouse of the annuitant for life on death of annuitant
Annuity will be ceased by 50% & 50% annuity will be paid to spouse, In case of early death of spouse nothing is payable after death of Annuitant
6) Annuity for life with a provision for 100% of the annuity to the spouse of the annuitant for life on death of annuitant
Annuity ceases & 100% of annuity is paid to the surviving named spouse during his/her lifetime. In case of early death of spouse nothing is payable after death of Annuitant

8. ANNUITY OPTIONS OPTIONS DEATH BENEFIT
7) Annuity for Life(Joint Life) with a provision of 100% of the annuity payable to spouse during his/her life time on death of annuitant with return of Purchase Price on death of last survivor
Payment of annuity ceases. 100% of annuity is paid to the surviving named spouse during his/her lifetime and purchase price is returned to the nominee after the death of the spouse. If the spouse predeceases the annuitant, the annuity ceases and Purchase price is paid to the nominee

9. MODE OF ANNUITY PAYMENT
Yearly
Half Yearly
Quarterly
Monthly

10. OTHER
SERVICE TAX
Service tax should be collected from the policy holder along with the Purchase Price

11. REBATE IS AVAILABLE ONLY ON HIGH PURCHASE PRICE
Mode of Annuity
PURCHASE PRICE
2,50,000 to 4,99,000
5,00,000 to 7,49,000
7,50,000 to 9,99,999
10 lac and Above
Yearly
3.75
4.00
4.30
4.35
Hlf Yly
3.45
3.70
4.05
Qly
3.35
3.60
3.90
3.95
Mtly
2.90
3.50
3.80
Note: Scale of absolute amount of incentive under high purchase price policies as an addition to the annuity rates per annum per rupees ONE THOUSAND purchase price is as Above

12. OTHER
SURRENDER VALUE
No surrender value shall be available in this plan
LOAN VALUE
No loan shall be given to policy holders under this Plan

13. THANK YOU