The plan offers a mandatory level term insurance cover which will apply in case of death or total permanent disability. There are three levels of cover which you can choose from: 25%, 50% or 100%. The cover is calculated as follows: initial monthly contribution x no of months of contributions x the chosen cover. For example, if you are contributing Rs 1,000 over 30 years and your chosen insurance cover is 100%, you will be insured for Rs 360,000 (Rs 1,000 x 360 months x 100%)
You may wish to boost your plan by making an ad-hoc initial lump sum investment (minimum of Rs 25,000). Please note that the lump sum investment does not affect your insurance cover
Enter your desired retirement age (may be less than the normal retirement age of 65 years)
The plan allows you to redeem your investments on a monthly basis after your chosen retirement age. Please enter the age until which you will like to make these monthly redemptions
Enter the initial monthly contribution that you can afford to invest today