How much planning do you need for retirement?
Use our quick and simple calculator to know what’s ideal for you.
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
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
Choose from 11 options
Single Life Annuity Options
The plan options available are as follows:
Before buying HDFC Life New Immediate Annuity Plan
Parameters |
Minimum1 |
Maximum |
|
---|---|---|---|
Age at entry (last birthday) |
18 years2 |
Life Annuity with Return of Purchase Price on diagnosis of critical illness: 85 years All Other Options: 99 years |
|
Annuity payout per frequency |
Yearly |
₹ 10,000 |
No limit |
Half-yearly |
₹ 5,000 |
||
Quarterly |
₹ 3,000 |
||
Monthly |
₹ 1,000 |
Not sure which insurance to buy?
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We help you to choose best insurance plan based on your needs
Your Required life cover to protect your family’s future is
T&C
ARN : PP/11/23/6160