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- HDFC Life ClassicAssure PlusInvestment
- HDFC Life ClassicAssure PlusInvestment
- HDFC Life ClassicAssure PlusInvestment
For NRI Customers
(To Buy a Policy)
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HDFC Life New Immediate Annuity Plan
HDFC Life New Immediate Annuity Plan
UIN: 101N084V37Make retirement an enjoyable holiday with guaranteed1 income for lifetime.
Attractive rates
Multiple options
Multiple payout modes
1800-266-9777
(All Days, from 9am to 9pm, Toll Free)
Why go for HDFC Life New Immediate Annuity Plan
A Single Premium Non Participating Non Linked Annuity Plan with guaranteed1 returns and death benefit
Multiple plan options for Single Life Annuity and Joint Life Annuity to choose from
Benefit of higher annuity rates for large purchase price
Return of Purchase Price option on death and critical illness
Option to receive annuity monthly, quarterly, half-yearly or yearly
Option for banks/financial institutions to purchase immediate annuities in respect of annuity payments for their commitments to the homeowners under the reverse mortgage schemes.
Multiple plan options for Single Life Annuity and Joint Life Annuity to choose from
Benefit of higher annuity rates for large purchase price
Return of Purchase Price option on death and critical illness
Option to receive annuity monthly, quarterly, half-yearly or yearly
Option for banks/financial institutions to purchase immediate annuities in respect of annuity payments for their commitments to the homeowners under the reverse mortgage schemes.
- The word “Guaranteed” and “Guarantee” mean that annuity payout is fixed once the policy has been purchased.
- The word “Guaranteed” and “Guarantee” mean that annuity payout is fixed once the policy has been purchased.
Choose right to meet your goals
Choose from our 11 options
Choose Your Annuity Options
Single Life Annuity Options
Joint Life (two lives) Annuity Options
Without Return of Purchase Price
(Enjoy annuity payout as per the frequency chosen)
Life Annuity
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The annuity will be payable at uniform rate in arrears for the life of the annuitant.
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On the death of the annuitant, the annuity payments will cease and no further amount will be payable.
Life Annuity with 5% escalation
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The annuity will be payable in arrears for the life of the annuitant.
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The annuity will increase annually by 5% p.a. of the annuity amount at inception.
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The first escalated payment is made one year after the first payment.
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On the death of the annuitant, the annuity payments will cease and no further amount will be payable.
Life Annuity with a Guarantee Period
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The annuity will be payable in arrears for the life of the annuitant or until the end of guarantee period, whichever is later.
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On the death of the annuitant or at the end of the guarantee period, whichever is later, the annuity payments will cease and no further amount will be payable.
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The annuitant has the option to choose a guarantee period of 5 or 10 or 15 or 20 years.