HDFC Life New Immediate Annuity Plan

A Non-linked Traditional 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.

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Why you need this Plan ?
A TRADITIONAL PLAN WITH GUARANTEED INCOME FOR LIFETIME
1
Plan offers multiple annuity options to cater varied needs
2
Option to take plan on Single Life or joint life basis

3
Option to take an immediate annuity with return of Purchase Price (RoPP) on death
4
Plan offers option to provide annuity monthly, quarterly, half-yearly and yearly

5
This is Single premium plan

Frequency Annual Installment (per frequency)
Half-yearly 98% of Yearly Annuity x 1/2
Quarterly 97% of Yearly Annuity x 1/4
Monthly 96% of Yearly Annuity x 1/12
Yearly 100% of Yearly Annuity x 1
Single Life Annuity option Joint Life Annuity option
1. Life Annuity Joint Life Annuity with 50% annuity to the secondary annuitant
2. Life Annuity with Return of Purchase Price
3. Life Annuity with Return of Balance Purchase Price Joint Life Annuity with 50% annuity to the secondary annuitant
4. Life Annuity with a Guarantee Period
5. Life Annuity with 5% escalation Joint Life Annuity with 100% annuity to the secondary annuitant and return of purchase price
6. Life Annuity with Return of Purchase Price in Parts
7. Life Annuity with Return of Purchase Price on diagnosis of Critical Illness 4. Joint Life Annuity with 50% annuity to the secondary annuitant and return of purchase price