Retirement Savings Plan
Retirement Savings Plan can help you gain financial freedom in your golden years, enabling you to enjoy your retirement tension-free. This savings plan makes it easier for you to enjoy your retirement life by spending time with your family, grandchildren, and friends without stressing over work and income.
Benefits with Retirement savings Plan
- Vesting Benefit: Sum Assured + Vested Simple Reversionary bonus plus Terminal Bonus, if any.
- Death Benefit: Death Sum Assured + Accrued Simple Reversionary Bonus + Terminal Bonus, if any; (Where Death Sum Assured is defined as 105% of all Premiums paid (excluding service tax and extra premium, if any)
- Flexibility: You can defer the vesting date up to age 75 years.