What is Exide Life New Immediate Annuity?

Exide Life New Immediate Annuity is an immediate annuity plan with an option for return of purchase price. For years, you have been saving for your retirement and now you can use those savings to get a guaranteed life time income. All you have to do is save at one go in this Policy and choose the mode of receiving the Annuity Payout (monthly/quarterly/half-yearly/yearly) and we will start paying you a regular income from the end of your chosen period based on the annuity payout mode selected.

Key Reasons to buy this Plan

1 Lifelong Annuity payouts guaranteed for life

Lifelong Annuity payouts guaranteed for life 2 Flexible options to receive annuity

Flexible options to receive annuity 3 Large volume discount on annuity rates depending upon the purchase price range.

Large volume discount on annuity rates depending upon the purchase price range. 4 No medical examinations required

No medical examinations required 5 On demise option for full refund of the purchase price

Who should buy ?

If you have accumulated funds for your post-retirement period and would like to ensure a regular guaranteed income for rest of your life then you should consider investing in this plan.