Retirement / Pension Plan

Retirement and Pension Plans help individuals build a secure financial future after their working years. These plans allow you to systematically save and invest during your career so that you can enjoy a steady income after retirement. They provide a combination of long-term growth, tax benefits, and financial protection to ensure a comfortable and stress-free retirement.

Why Buy ABSLI Guaranteed Annuity Plus?

Aditya Birla Sun Life Insurance Guaranteed Annuity Plus provides guaranteed income for life which enables you to enjoy a dream retirement life.

Key Features

  • Guaranteed# lifelong income with a choice of multiple annuity options
  • Deferred Annuity option to build regular income stream for future with deferment period up to 15 years
  • Wide range of accumulation periods ranging from 5 years to 15 years available under Limited Pay Option
  • Receive annuity (series of payments at regular intervals) as long as you or your partner is alive.
  • Option to increase annuity through top-ups

What is ABSLI Guaranteed Annuity Plus?

ABSLI Guaranteed Annuity Plus is a, Non-Linked, Non-Participating, General Annuity Plan with various annuity options to provide guaranteed income for life and help customer lead a worry-free retirement life. The customer can decide the Purchase Price or the annuity required, depending on his/her requirement. This annuity payment is guaranteed for life and depends on the annuity rates prevailing at the time of the purchase of the annuity

Why buy ABSLI Nishchit Pension Plan?

In your golden years of retirement, you should be doing things you have always wanted to do, for which you surely need to plan well. ABSLI Nishchit Pension Plan is a non-linked non-participating individual pension plan that helps you accumulate a guaranteed# corpus for your retirement along with a life insurance cover. This lump sum corpus allows you to secure an uninterrupted income throughout your golden years!

Key Features

  • Fully guaranteed# corpus accumulated on your retirement helping you secure a regular income for your golden years.
  • Guaranteed# Additions accrued periodically during the Policy Term to build your retirement corpus.
  • Loyalty Addition added at the end of the Policy Term to further boost your retirement corpus, provided all due premiums paid.
  • Build your own plan by choosing between varied Premium Payment Terms – invest for the entire Policy Term or for a limited period to suit your requirements.
  • Life Insurance Cover to offer financial protection for your loved ones, equal to total premiums paid accumulated at a fixed percentage during the Policy Term
  • Flexibility to defer your Vesting Benefit by up to 10 years to ensure your retirement planning always stays aligned with your life goals.

What is ABSLI Saral Pension?

ABSLI Saral Pension is a single premium non-linked non-participating, individual immediate annuity plan, that provides guaranteed income for life and helps you and your family to lead a worry free retirement life.

Key Features:

  • Guaranteed Income: Annuity once purchased is guaranteed for lifetime
  • Option to receive annuity payments for as long as you or your partner are alive: You have the option to choose a single life or a joint life annuity.
  • Option to choose the frequency of payout: You may choose to receive your annuity payouts on a yearly, half-yearly, quarterly or monthly basis, as per your needs and requirement.
  • Easy Issuance: No medical tests required to purchase this plan

 

What are the key features of ABSLI Saral Pension?

Key features of ABSLI Saral Pension are as follows:

  • Guaranteed Income: Annuity once purchased is guaranteed for lifetime
  • Option to receive annuity payments for as long as you or your partner are alive: You have the option to choose a single life or a joint life annuity.
  • Option to choose the frequency of payout: You may choose to receive your annuity payouts on a yearly, half-yearly, quarterly or monthly basis, as per your needs and requirement.
  • Easy Issuance: No medical tests required to purchase this plan

What Our Retirement / Pension Plan Covers

• Regular contributions to build a retirement corpus
• Guaranteed or market-linked returns depending on plan type
• Pension payout options, including life-long annuities or lump-sum withdrawals
• Tax benefits on contributions and withdrawals as per prevailing laws
• Riders for critical illness, accidental death, or disability
• Flexibility to adjust contributions and investment strategy over time

Conclusion

Retirement / Pension Plans are essential for financial independence in later years. They provide a reliable income stream, safeguard your lifestyle post-retirement, and allow you to plan your golden years with confidence and peace of mind.

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