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Why go for HDFC Life New Immediate Annuity Plan

A Single Premium Non Participating Non Linked Annuity Plan that offers you various annuity options

  • Wide range of annuity options to cater to your needs

  • Option to receive annuity as long as you or your partner is alive.

  • Option to receive annuity monthly, quarterly, half-yearly or yearly

  • Benefit of higher annuity rates for large purchase price.

  • Return of Purchase Price option on death and critical illness

  • Options for banks/financial institutions to purchase immediate annuities in respect of annuity payments for their commitments to the homeowners under the reverse mortgage schemes.

  • Guaranteed income source for life – Annuity once purchased is guaranteed for lifetime

Your Plan. Your Choice.

 Choose from 11 options

Choose Your Annuity Options

  • Single Life Annuity Options
  • Joint Life (two lives) Annuity Options

Single Life Annuity Options

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Check If You Are Eligible

Before buying HDFC Life New Immediate Annuity Plan

ELIGIBILITY CRITERIA

Parameters

Minimum1

Maximum

Age at entry (last birthday)

20 years2

85 years

Annuity payout per frequency

Yearly

₹ 10,000

No limit

Half-yearly

₹ 5,000

Quarterly

₹ 3,000

Monthly

₹ 1,000

  1. Annuity payout below this value will only be offered:
    • Where the proceeds are from a contract issued or administered by HDFC Life Insurance Company Limited where compulsory purchase of an annuity is required.
  2. Annuitants below this age will only be accepted where proceeds are from a contract issued or administered by HDFC Life Insurance Company Limited where compulsory purchase of Annuity is required
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Personal details

Years
Years

Financial details

Your Required life cover to protect your family’s future is

0

The values shown here are only for illustration. The results are generated based on the information provided. It is not intended to be and must not alone be taken as the basis for an investment decision.

T&C*

  1. The word “Guaranteed” and “Guarantee” mean that annuity payout is fixed once the policy has been purchased.

ARN : EU/07/21/24755