Various pension plans

Regular pay: 45-year-old Individual with 10-year payment term & 10-year deferment investing Rs 10,000 per month (Single Life with ROP*). Single Pay Immediate Annuity - 60-year-old individual investing Rs 10 lakh (Single Life with ROP) Single Pay Deferred Annuity - 60-year-old individual with 5-year deferement investing Rs 10 lakh (Single Life with ROP)

*Return of premium. Guaranteed income starts after the deferment period, which depends on the annuity amount chosen at the time of purchase of policy and the amount of premium paid. The policy remains in force until the lifetime of Primary Annuitant and after the death of Primary Annuitant until the lifetime of Secondary Annuitant. The option to choose joint life plan and life annuity with 100% return of premium is also available.
Source: www.policybazaar.com
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