Retirement plan

• Maximum age for maturity: 75 years
• Death benefit is sum assured + guaranteed and vested bonus.
• Generally, withdrawals are not allowed before maturity.
• Up to one-third of the accumulated value is available as tax-free lump sum on the retirement day.
• Tax benefits on the premiums paid (U/S 80 CCC).
• Tax exemptions on death benefits (U/S 10 (10 D).