Retirement is the time when you can indulge in things that you always wanted to do while you were actively employed. But in order to live your life to the fullest and maintain a comfortable lifestyle, you need a regular income. PensionPlus from Aviva is a tax efficient, personal pension plan that gives you a regular income, even after you stop working. Through this plan you get financial security post retirement, so you don’t have to think twice before taking a holiday or buying gifts for your grandchildren.

Insurance cover:

• Entry Age: 18 to 65 Years
  
• Vesting /Maturity Age: Minimum 40 Years; Maximum 70 Years
  
• Policy Term: Minimum 5 years: Maximum up to vesting age chosen
  
• Annual Premium: Minimum Rs 6,000 for Regular Premium, Rs 100,000 for Single Premium.

Key Benefits:

• Flexibility of choosing between Pension With Profits Fund or Pension Secure, Pension Balanced and Pension Growth Funds.
  
• Flexibility of Increasing your regular premiums
  
• Flexibility of increasing or decreasing the policy term
  
• Increase the investment value of your plan with the flexibility of making lump-sum investments through top-up premiums
  
• Retain the value of your investments through Indexation.

Tax benefit: Tax benefits, as per Section 80C & Section 10(10D) of the Income Tax Act, 1961.

For more details and to help you plan your investment and insurance, get in touch with us.

“Unit linked insurance plans are subject to market risks. For more details and exclusions, view HTML or PDF of the Key Features document”