Retirement Plans

1
Retirement Plans

• A Brief Overview

2
What is a Retirement Plan?

• A retirement plan is a way of accumulating
  savings overtime by investing in a policy
• Upon retirement, you get back those savings as
  pension, which can be used to take care of basic
  necessities post-retirement
• Retirement plans are the best way to lead a
  tension free life after retiring

3
Aegon Religare Retirement Plans
4
Pension Plan

• Accumulation Phase During this phase, you
  accumulate savings by paying premiums to the
  company
• Payout Phase During this phase, you receive
  pension from the company from the accumulated
  value

5
Key Features

• Bonus starts to accrue from the first year
  onwards, provided that the premiums for the first
  3 years have been paid
• Additional bonuses boost the retirement kitty
• High sum assured discount
• Option to take up to 1/3rd of the accumulated
  value at the time of vesting
• Eligible for tax benefits as per prevailing tax
  laws

6
Eligibility
7
Insta Pension Plan

• Decide the amount of premium (lump sum amount)
  you want to pay to purchase the Annuity Plan
• Choose any one of the two available annuity
  payout options
• Choose the annuity payout mode with which you
  would want to receive your annuity
• Choose the most convenient way to receive your
  annuity amount from any of the two available
  options

8
Payout Options

• Life Annuity - If you choose the Life Annuity
  option, you will receive your annuity payment for
  as long as you live.
• Joint Life Annuity - In this option, an annuity
  is paid to you for your entire life. In case of
  your unfortunate demise, the annuity payment will
  continue to be paid to your spouse, till the
  spouse is alive.
• You can choose to receive your annuity either
  monthly or annually
• You can also choose to receive the annuity by
  cheque or direct credit to your bank account

9
Eligibility
10
Contact Info

• www.aegonreligare.com
• Corporate and Registered OfficeAEGON Religare
  Life Insurance,2nd Floor, Paranjpe B Scheme,
  Subhash Road, Near Garware House,Vile Parle
  (E), Mumbai - 400 057.

11
Thank You