Retirement Plans

142N045V03 - Individual Non-Linked Non-Participating Savings Life Insurance Plan

SUD Life Assured Income Plan is a life insurance endowment plan that allows you to choose a guaranteed, supplementary income for the future, while ensuring strong financial protection to your family in case of uncertainties.

Policy Term :

• Policy Term of 20 to 35 Years

Annual Payout :

• Minimum 25,000
• Maximum 50L

BENEFITS

• Guaranteed annual income in future to meet your growing needs
• Get all your premiums back at the end of policy term, subject to conditions stipulated therein
• Immediate lump sum as well as regular income to the family in case of uncertainties
• Income tax benefits are as per Section 80C and Section 10(10D) of the Income Tax Act, 1961

142N052V01 - Individual Non-Linked Non-Participating Deferred Pension plan

SUD Life Guaranteed Pension Plan is a non-linked non-participating deferred pension product that helps you in planning your life post retirement – be it starting a new venture, pursuing a hobby, travelling the world or just enjoying time with your loved ones. This plan helps you meet planned, as well as unplanned, financial needs by providing a lump sum at retirement.

POLICY TERM

• Single Premium & PPT of 5 to 15 Years
• Policy Term of 5 to 20 Years

Premium:

• Minimum Annual Premium 1L
• Maximum Annual Premium 5Crs

BENEFITS

• Assured Vesting Benefit
• Assured pay-out in case of demise#, subject to conditions stipulated therein
• Hassle free enrolment – no medicals
• Flexibility to choose investment period
• Vesting benefit at retirement

142N048V05 - Individual Non-Linked Non-Participating Immediate Annuity plan

SUD Life Immediate Annuity Plus is a non-linked, non-participating individual immediate annuity plan, which assures a regular flow of income as per the chosen plan option.

ANNUNITY

• Yearly Annuity payment for a min amount of 12,000
• 9 Annuity options to choose from
• Single Premium Payment Mode

BENEFITS

• Lifelong income with three plan options.

Plan option A: Purchase immediate annuity either from your savings or from the policy proceeds of any deferred pension plan (issued by SUD Life) & choose from 9 annuity options.

Plan option B: Purchase immediate annuity from the proceeds of reverse mortgage loan offered by any approved financial institution as mentioned in the Gazette of India. Choose from 2 Annuity options.

Plan Option C: Purchase Immediate Annuity from proceeds of National Pension Scheme. Default ‘Annuity option 6 – Joint Life Annuity with 100% Return of Purchase Price’ is available to NPS subscribers. ‘Annuity option 2 – Life Annuity with 100% Return of Purchase Price’ available in case of single life.

142N081V01 - Non-Linked Non-Participating Single Premium Individual

Immediate Annuity Plan

SUD Life Saral Pension is a non-linked non-participating individual immediate annuity plan with a regular stream of income throughout life to meet the rising financial expenses without compromising your family's dreams

ANNUNITY

• Yearly Annuity payment for a min amount of 12,000
• 2 Annuity options to choose from
• Single Premium Payment Mode
• No medicals

BENEFITS

• No limit on maximum annuity
• In case of death of the annuitant 100% of the Purchase Price will be paid immediately to your nominee/beneficiary
• In case of joint life annuity, after death of the annuitant:
• Secondary Annuitant will receive 100% annuity throughout life.
• Secondary Annuitant is pre-deceased the annuitant, then on the

death of the annuitant, Purchase Price shall be payable to the nominee /legal heirs.