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Pension cum Assurance Plan |09|

Family Protection Plan - Retirement

Key Benefits of Pension cum Assurance Plan

Retire smart & enjoy life

Get Pension for lifetime

Guaranteed Pension Amount

Protect your Family's Future

Make your retired life a respectable & self-sufficient one: A secure retirement plan that will keep you financially solvent for the rest of your life

10 years of guaranteed pension for your precious family.

Cherish those special moments with your grandchildren.

Head out for those special tours/vacations that you could never make time for.

Buy your better half that special gift that you always longed for but never could manage

Features and benefits of Pension cum Assurance Plan includes:

  • Pension Amount is specified
  • Guaranted Benefit for 1st 10 years
  • Coverage upto 20 Crore
  • Convenient Premium Payment Options [Monthly, Quarterly, Half-Yearly & Yearly]
  • Get Rebate on your Income Tax on Yearly Paid Premiums
  • Loan Facility
  • You can also opt for reduced paidup option for ease of policy continution
  • Enjoy attractive discounts at our partner hospitals & cilinical labs with Protective Life Card
  • Open you door to a rich network of more than 270 partner Hospitals & Clinical Labs

  • This plan also allows you to avail following add-ons [riders] just for a liitle more premium: These riders are very popular among our customers.
    • Hospitalization Benefits upto 5 Lac for Yourself and every family members [Spouse & Child] individually

Terms & Conditions of Pension cum Assurance Plan:

  • Age: Min. 20 years to Max 55 years. At maturity age cannot exceed 60 years
  • Pension is applicable from the age min. 50 years
  • Loan, Reduced Paidup & Surrender option is also applicabale after successful completion 2 [Two] years tenure of the policy
    Premiun Convertion Rate:
    • Yearly to Monthly = Yearly Premium X 0.0925
    • Yearly to Quarterly = Yearly Premium X 0.275
    • Yearly to Half Yearly = Yearly Premium X 0.525
  • To enjoy Life Card Facility policy have to remain inforce
  • Minimum Coverage amount is 1 Lac