Mr. Rajesh, a 60-year old annuitant who is an existing customer of Exide Life Insurance invests ₹5 Lakhs in Exide Life New Immediate Annuity and opts for Life Annuity with Return of Purchase Price and chooses to receive annuity in annual mode. The benefits from the plan are shown below
Similarly, if Mr. Rajesh invests ₹5 Lakhs in Exide Life New Immediate Annuity and opts for
Life Annuity without Return of Purchase Price, and chooses to receive annuity in annual mode.
The benefits from the plan are shown below
Please note that the annuity rate is subject to change depending on the prevailing economic conditions and subject to IRDAI approval; however the rates once applied at the time of entry are guaranteed for the rest of his/her life on the given Purchase Price.