You get assured regular income once you have paid all the due premiums. You can choose to receive the income on an annual or monthly basis. You have the flexibility to choose from 3 variants to receive income as described below:
Variant 1 – Uniform Income Benefit:
| |
|
Annual Income |
Monthly Income |
| Policy Term |
Premium Payment Term |
Year from the policy start date |
Income paid at the end of each year* |
Month from the policy start Date |
Income paid at the end of each Month* |
| 10 years |
5 years |
6th to 10th year |
101% |
61st to 109th month |
8% |
| 16 years |
8 years |
9th to 16th year |
125% |
97th to 181st month |
10% |
* As a fixed percentage of one Annualized Premium
Variant 2 – Enhanced Income Benefit:
| |
|
Annual Income |
Monthly Income |
| Policy Term |
Premium Payment Term |
Year from the policy start date |
Income paid at the end of each year* |
Month from the policy start Date |
Income paid at the end of each Month* |
| 10 years |
5 years |
11th to 15th year |
125% |
121st to 169th month |
10% |
| 16 years |
8 years |
17th to 24th year |
175% |
193rd to 277th month |
14% |
Variant 3 – Increasing Income Benefit:
| |
|
Annual Income |
Monthly Income |
| Policy Term |
Premium Payment Term |
Year from the policy start date |
Income paid at the end of each year* |
Month from the policy start Date |
Income paid at the end of each Month* |
| 10 years |
5 years |
11th |
100% |
121st |
8% |
| 12th |
110% |
133rd |
8.8% |
| 13th |
120% |
145th |
9.6% |
| 14th |
130% |
157th |
10.4% |
| 15th |
140% |
169th |
11.2% |
| 16 years |
8 years |
17th |
100% |
193rd |
8% |
| 18th |
120% |
205th |
9.6% |
| 19th |
140% |
217th |
11.2% |
| 20th |
160% |
229th |
12.8% |
| 21st |
180% |
241st |
14.4% |
| 22nd |
200% |
253rd |
16% |
| 23rd |
220% |
265th |
17.6% |
| 24th |
240% |
277th |
19.2% |
* As a fixed percentage of one Annualized Premium