HDFC Life Pension Guaranteed Plan
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Get lifelong regular income post retirement
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Joint Life feature with continued payouts for both lives1
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Guaranteed2 fixed rate for life
Safeguard your family’s future with our Insurance Plans
Why HDFC Life Pension Guaranteed Plan?
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Diverse Annuity selections tailored to suit your requirements
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Flexibility to opt for Single or Joint Life plans
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Choice between immediate or deferred annuities
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Select annuity payments on a monthly, quarterly, semi-annual, or annual basis
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Benefit from Return of Purchase Price in case of death
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Opportunity to enhance Annuity Payouts with Top-Up options
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Frequently Asked Questions
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The HDFC Life Pension Guaranteed Plan offers a Single Premium Annuity product, ensuring a consistent guaranteed income for life.
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Extensive array of Annuity choices tailored to your preferences
Flexibility to opt for Single or Joint Life plans
Choice between immediate or deferred annuity payouts
Selection of annuity frequency: monthly, quarterly, semi-annually, or annually
Provision for Return of Purchase Price upon death
Opportunity for banks/financial institutions to acquire immediate annuities, fulfilling commitments to homeowners through reverse mortgage schemes
Option to enhance Annuity Payouts through Top-Up additions
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Step 1: Determine the Purchase Price for acquiring Annuity or select desired annuity amount
Step 2: Choose your preferred annuity option
Step 3: Select the frequency of annuity payouts – monthly, quarterly, semi-annually, or annually
Step 4: Receive annuity payouts directly credited to your bank account
1. This question has a huge table hence it is eliminated
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- 1.In the case of Joint Life annuities the payout continues till either of the lives chosen in the policy is alive.
- 2.The word “Guaranteed” and “Guarantee” mean that annuity payout is fixed at the inception of the policy.