HDFC Life New Immediate Annuity Plan

HDFC Life New Immediate Annuity Plan

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 on your terms even after retirement.

Features
Financial independence is a dream for most individuals. To lead a comfortable life, particularly after retirement after all the years of hard work is on everyone's wishlist. A smart way to ensure a regular income stream post retirement is by taking an annuity.

1. Guaranteed1 income for as long as you/your partner lives
2. Wide range of annuity options to cater to your diverse needs
3. Flexibility to choose frequency of annuity from monthly/quarterly/half-yearly/annual options
1The word "Guaranteed" and "Guarantee" mean that annuity payout is fixed once the policy has been purchased.

Benefits
Benefits Available Under HDFC Life New Immediate Annuity Plan

1. Guaranteed1 income for as long as you/your partner lives at a frequency of your choice - monthly/quarterly/half-yearly/annual options
2. Benefit from higher annuity rates at investment of Rs 2,50,000 or higher
3. Death benefit on certain annuity options that provide for return of purchase price or annuity to your spouse
1The word "Guaranteed" and "Guarantee" mean that annuity payout is fixed once the policy has been purchased.

Subject to provisions, as per Income Tax Act 1961. Tax benefits are subject to changes in tax laws.