Features:
Minimum age for application (first annuitant) is 40 years for new members; 0 years for existing pension members/beneficiaries of IndiaFirst Life Insurance |
Minimum age for application (second annuitant) is 18 years |
Maximum age for application (first/second annuitant) is 80 years |
Minimum premium is Rs. 3,00,000 while maximum premium is limitless |
Minimum annuity installment per month is Rs 1000 and for a year is Rs 12,500 |
Annuity installment frequency is monthly, quarterly, half-yearly, and annually |