
 
  - This investment is best for children. However, it is beneficial to invest at a young age. 
 
  - This is non-participating, unit linked pension plan which aims for building corpus with systematic savings converting into regular income on retirement after taking the annuity plan.
 
- One can take immediate or deferment pension option.
 
- This pension plan can be taken with a single premium or regular premium option. Under regular premiums, one needs to invest for the entire term of the policy.
 
- This pension plan provides an option to extend the accumulation period or deferment period within the same policy with same terms and conditions.
 
- An investor can invest in 4 different funds available to them.
 
- Investors have an option for 4 free switches between the funds in a policy year.
 
- This plan offers guaranteed additions of 5% to 15.5% of yearly premium at specific intervals.
 
- For the premiums paid, there would be a premium allocation charge. The balance would be used in purchasing the units in the fund chosen by the investor.
 
- Partial withdrawal of the units (10% to 25%) is allowed for 3 times in a policy period.
 
- Investors can purchase this plan through online or through offline mode from agents or by visiting any of the LIC branches.
 
   
 
How Does This Policy Work
Sample illustration
  
  
    
      
        | Eligibility Criteria | 
       
      
        | Mode/ Premium Payment Frequency | 
        Single Premium (Rs.) | 
        Regular Premium (Rs.) | 
       
      
        |   | 
        1,00,000 | 
           | 
       
      
        | Yearly  | 
        30,000 | 
       
      
        |   | 
          | 
       
      
        | Half Yearly | 
        16,000  | 
         
      
        |   | 
          | 
         
      
        | Quarterly | 
        9,000 | 
         
      
        |   | 
          | 
         
      
        | Monthly (NACH) | 
        3,000 | 
         
      
        |   | 
          | 
          | 
       
      
        |   | 
          | 
          | 
        <  
      
        | Basic Sum Assured | 
          | 
        Not Applicable | 
       
      
        | Maximum Premium | 
          | 
        No Limit | 
       
      
        | Minimum Entry Age | 
          | 
        25 years (Last Birthday) | 
       
      
        | Maximum Entry Age | 
          | 
        75 years (Last Birthday) | 
       
      
        | Minimum Vesting Age | 
          | 
        35 years (Last Birthday) | 
       
      
        | Maximum Vesting Age | 
          | 
        85 years (Last Birthday) | 
       
      
        Age at entry for  policyholder is to be taken as age last birthday (LBD)  | 
          | 
       
      
        |   | 
          | 
          | 
       
      
        Premium Paying  Frequency & Premium Paying Term:  | 
          | 
       
      
        | Sr.No. | 
        Premium Payment Frequency | 
        Premium Paying Term | 
       
      
        | 1 | 
        Single Premium | 
        Single Premium | 
       
      
        | 2 | 
        Regular Premium [(Yearly, Half-yearly, Quarterly and Monthly (NACH)] | 
        Same as Policy Term | 
       
      
        |   | 
          | 
          | 
       
      
        Minimum/Maximum  Policy Term:  | 
          | 
       
      
        | Premium Payment Frequency | 
        Minimum (Years) | 
        Maximum (Years) | 
       
      
        | Single/Regular Premium | 
        10 | 
        42 | 
       
      
        The minimum/maximum  policy term shall be subject to minimum/maximum vesting age  | 
          | 
       
      
        |   | 
          | 
          | 
       
      
        |   | 
          | 
          | 
       
      
        |   | 
          | 
          | 
       
      |