Assured
Income Plans
Buy assured income plans which can give you predictable income in your retirement
Features of
Assured Income Plans
Assured Income Plans provide life insurance coverage and a guaranteed income source, offering regular payouts, tax benefits, and a lump sum at maturity. They suit risk-averse individuals seeking financial security, but may yield lower returns compared to aggressive investments.
Fixed Income + Assured Payouts
Pay premiums for 10-12 yrs and get the assured income for next 25-30 yrs. You can also choose to wait before getting back the payouts for few years.
Big Payout On Maturity Of Policy
You also get a big lumpsum payout in future when the policy matures. This big amount can either be used for your expenses or can be left as legacy to next generation.
Income Tax Benefits
You get income tax benefits on the premiums paid. The best part is that the payouts which you get from the policy are 100% TAX FREE as per IRDA rules.
Flexible Payment Terms
You can choose to pay the premiums for as low as 5 years and it can also go upto 15 years depending on your situation and requirement.
Assured Returns of 6.5%-7%
These policies can give you an assured 6.5-7% kind of return. This is comparable to other debt options available to investors. As this is tax free, the pre-tax returns comes around 9-10%.
Life Insurance Coverage
You also get the life insurance benefit of around 11 times your yearly premiums
Example of a Policy
WHAT YOU PAY?
₹5,00,000 per year for 12 years
Total Premium Paid
₹ 60 Lacs
8 Reasons why
you may want to buy these policies
01. Can be an good addition to your debt portfolio
02. Get income after retirement which is assured and 100% tax free
03. One of the highest return (IRR) in the Industry
04. No-surprise, clear policy wordings and offering.
05. No link with any stock markets movements, payouts are assured!
06. Ideal for those who don't have any social security in India
07. Ideal product for those want are looking for income after next 12- 15 yrs (NRI, or Professionals)
08. Can be bought on the name of Spouse (to generate pension) or even Children