You can choose the rate at which you want the income payouts – 11% p.a., 12% p.a. or 13% p.a. Income is paid as a percentage of the sum assured chosen. The income payout rate varies with premium payment term and premium amount chosen.
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For 11% p.a.
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Premium Payment Term
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Premium Range
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8
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₹24000 – ₹47,999
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10
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₹18,000 – ₹35,999
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12/15
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₹12,000 – ₹23,999
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For 12% p.a.
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Premium Payment Term
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Premium Range
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8
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₹48,000 – ₹95,999
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10
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₹36,000 – ₹71,999
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12/15
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₹24,000 – ₹47,999
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For 13% p.a.
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Premium Payment Term
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Premium Range
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8
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₹96,000 – above
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10
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₹72,000 – above
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12/15
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₹48,000 – above
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In case monthly income payout opted, the percentages applicable are 0.85% p.m./ 0.90% p.m./1% p.m. for income payout rate of 11% p.a.,12% p.a. and 13% p.a. respectively.