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A plan that gives you a steady income through your lifetime post retirement and also returns your savings to your family in case of your unfortunate demise
Key Features of the BSLI Immediate Income Plan
1. BSLI Immediate Income plan gives you a guaranteed income over your entire life
2. In case of unfortunate death of annuitant, 100% of the annuity purchase price (i.e. single premium) will be paid to the nominee
3. This plan offers convenient annuity payout options - monthly, quarterly, semi-annually and annually from date of purchase
4. You do not have to go through any medical tests to purchase this plan
5. You will be eligible for tax benefits under Section 80CCC of the Income Tax Act, 1961
BSLI Immediate Income Plan is a long-term financial vehicle designed for retirement purpose,by Birla Sun Life Insurance Company Limited (BSLI). This is a non- participating non linked traditional annuity plan. BSLI reserves the right to recover levies such as the Service Tax levied by the authorities on insurance transactions. If there be any additional levies, they too will be recovered from you. This brochure contains the salient features of the plan. For further details please refer to the policy contract. Tax benefits are subject to changes in the tax laws. Annuity payouts are taxable as per extant tax laws. Insurance is the subject matter of the solicitation. For more details on risk factors , terms & conditions , please read sales brochure carefully before concluding the sale. Regd. Office: One Indiabulls Centre, Tower 1, 16th floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. Reg No. 109
Unique No.: 109N053V01