🌟 IndiaFirst Life Guaranteed Annuity Plan

💰 Guaranteed Income for Life | Retirement & Pension Solution

The IndiaFirst Life Guaranteed Annuity Plan is a non-linked, non-participating annuity plan designed to provide a guaranteed regular income for life. It is ideal for retirees and individuals seeking a predictable income stream after retirement. The plan offers multiple annuity options to suit different financial goals and family needs.

🎯 Key Highlights

💵 Lifetime Guaranteed Income

Receive a fixed and guaranteed pension income for life, helping you maintain financial independence during retirement.

👨‍👩‍👧 Family Protection Options

Choose annuity variants that continue benefits for your spouse or return the purchase price to your nominee after death.

📅 Flexible Payout Modes

Receive pension income in:

• 📆 Monthly
• 📆 Quarterly
• 📆 Half-Yearly
• 📆 Yearly modes

according to your needs.

📈 Increasing Pension Option

Select escalating annuity options where pension payments increase periodically to help manage future expenses.

❤️ Critical Illness Protection

Certain variants offer additional protection against specified critical illnesses.

🏆 Popular Annuity Options

1️⃣ Life Annuity

💰 Pension is paid throughout the annuitant's lifetime.

✔ Lifetime income
✔ Simple structure
✔ Suitable for retirees needing maximum pension income

2️⃣ Life Annuity with Return of Purchase Price

💰 Pension is paid for life.

❤️ On death, 100% of the purchase price is returned to the nominee.

✔ Lifetime pension
✔ Legacy for family
✔ Popular among retirees

3️⃣ Joint Life Last Survivor Annuity

👨‍👩‍👧 Designed for couples.

✔ Pension continues for spouse after the first death
✔ Income continues until the last surviving annuitant passes away

4️⃣ Escalating Life Annuity

📈 Pension increases periodically.

✔ Helps combat inflation
✔ Growing retirement income

5️⃣ Escalating Life Annuity with Return of Purchase Price

📈 Increasing pension income

❤️ Purchase price returned to nominee after death.

✔ Inflation protection
✔ Family security

6️⃣ Deferred Life Annuity

⏳ Pension starts after a chosen deferment period.

✔ Suitable for pre-retirement planning
✔ Guaranteed future pension income

📋 Eligibility

👤 Entry Age

• Minimum: 40 Years
• Maximum: 80 Years

💰 Purchase Price

• Minimum: ₹1,00,000
• Maximum: No upper limit (subject to underwriting)

💵 Minimum Pension

• ₹1,000 per month
• ₹12,500 per year

⭐ Ideal For

👴 Retirees seeking guaranteed income

👨‍👩‍👩 Individuals nearing retirement

👩‍❤️‍👨 Couples wanting pension continuity

💼 Professionals looking to convert retirement corpus into regular income

🏦 NPS subscribers seeking annuity solutions

🎯 Why People Choose This Plan

✅ Guaranteed lifelong income
✅ Multiple annuity choices
✅ Spouse protection options
✅ Return of purchase price variants
✅ Flexible payout frequency
✅ Retirement income certainty
✅ Tax benefits as per prevailing laws