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Important: W.e.f 1st July 2017, GST will be levied on Life Insurance Premium as per the applicable tax rates. To know the rate that will be applicable to your specific policy please click here
After working hard for decades, you have earned the right to relax peacefully after retirement. But when work stops, so will your income.

 

Benefits of Immediate Annuity Plan
 
Key advantages of this Plan
 
Income:
Guaranteed income for the life of the annuitant is based on the annuity rate purchased and shall be applicable and guaranteed through the life of the annuitant. Please visit our website to view applicable annuity rates.
 
Payout Frequency Options:
Plan to have monthly, quarterly, semi-annual or annual pay-outs as per your need for money.
 
Medical Test:
None required to get the policy.
 
Tax benefit:
Tax benefits under Section 80CCC(1).

(1)Tax benefits are subject to changes in tax laws. Please consult your tax advisor for more details.
 
 
Quick view
 
 
Age at entry
30 to 90 years
 
Frequency of income
Monthly, quarterly, semi-annual or annual
 
Purchase price
Min. Regular Income of Rs 1,000, Rs 3,000, Rs 6,000 or Rs 12,000 for monthly, quarterly, semi-annual and annual mode of annuity payment
 
 
 
Disclaimer
This is a non- participating non linked traditional annuity plan. Annuity payouts are taxable as per extant tax laws. The annuity rates are revised from time to time, applicable annuity amount can be seen at our website. Service Tax and Education Cess and any other applicable taxes will be added (extra) to your premium and levied as per extant tax laws. For more details on risk factors , terms & conditions , please read sales brochure carefully before concluding the sale.Regd. Office: Aditya Birla Sun Life Insurance Company Limited, One Indiabulls Centre, Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. CIN: U99999MH2000PLC128110 Registration No. 109. ADV/5/17-18/146 VER1/MAY/2017

IRDAI clarifies to public that IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums. IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call number.
Unique No.: 109N083V03
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For more details on risk factors, terms and conditions please read sales brochure carefully before concluding the sale.

Trade Logo displayed above belongs to SUN LIFE ASSURANCE COMPANY OF CANADA and ADITYA BIRLA MANAGEMENT CORPORATION PRIVATE LIMITED and used by ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED as per terms and conditions of license Agreement.

Aditya Birla Sun Life Insurance Company Limited (formerly Birla Sun Life Insurance Company Limited)

Registered Office: One Indiabulls Centre Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. CIN: U99999MH2000PLC128110 Registration No. 109.

BEWARE OF SUSPICIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

IRDAI clarifies to the public that,
  • IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
  • IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with the details of the phone call.