Guaranteed Income Insurance Services

Guaranteed Income Insurance Services

A Guaranteed Income Plan is a plan that provides you with insurance cover along with a guaranteed¹ income during a set duration. You choose your saving goals and financial appetite to decide how long you want the regular income. A guaranteed income plan also allows you to decide the payment option that suit you the best. We will understand it in more detail below.

Financial planning is key to living a well-balanced, happy life. We all know this, but something that we don’t realize is how easy it is to plan all your goals when you have a second source of income! In today's unprecedented times, the ability to fulfil your family’s dreams by buying that dream home or giving your child the best education has become slightly challenging in today’s unprecedented times.

Wouldn’t it be amazing if you could get a guaranteed¹ stream of growing income based on your life goals? If your answer is yes, then the Guaranteed Returns Plan is the right choice for you.

A guaranteed investment plan empowers you to decide how long and at what time you want your income payouts to be. For example, for 10 years annually or for 8 years quarterly, or even as a lumpsum income.

Benefits :

  • Life Cover : Life Cover for the entire policy term to protect your family financially even if you are not there.
  • Tax Benefits : on premium paid under Section 80C and maturity income under Section 10(10D).
  • Guaranteed¹ Benefits : Guaranteed Benefits in form of Regular Income or Lump Sum as per your needs.
  • Income as and when You Want : Income as and when You Want to help you achieve your goals whatever life stage you are in.
  • Second Income : Second Income to fall back on for you and your family in case of emergencies. Even after retirement, it ensures that your standard of living remains the same.
  • Family Security : Family Security with an option of waiving of premiums for the rest of the policy duration in case of your demise.
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