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HDFC Immediate Annuity Plan Review

Discussion in 'Life insurance' started by real_buzz, Dec 12, 2012.

  1. real_buzz Moderator

    New HDFC Immediate Annuity Plan Review
    Everyone loves financial independence, to enjoy and live a comfortable lifestyle. There is no reason why these should stop after retirement. After all the years of hard work, money should not be the concern for you to decide how you would spend your retirement. A smart way to ensure a regular income stream post retirement is buying an Annuity
    HDFC Life New Immediate Annuity Plan is a non linked traditional annuity plan that offers you various annuity options and provides you an opportunity to live life at your terms - even after retirement.
    Advantages
    • Guaranteed Income for life : get guaranteed income monthly/ quarterly / half yearly / yearly
    • Get Benefit of Higher Annuity Rates : The annuity rates vary by purchase price band and therefore you would benefit from higher annuity rates if the purchase price is Rs.250,000 and above.
    • Benefits on death : Certain annuity options do provide benefit on death such as return of purchase price or annuity to your spouse. See the brochure for details.

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