What is IndusInd Nippon Life Nishchit Pension?

IndusInd Nippon Life Nishchit Pension Plan is a Non-Linked, Non-Participating, Individual, Deferred Annuity Plan. A plan that ensures guaranteed lifelong income by planning early for the golden years for your life. With INL Nishchit Pension you can now be financially prepared for the second innings of your life.

What are the plan options available under IndusInd Nippon Life Nishchit Pension?

1. Single Life Annuity 2. Single Life Annuity with Return of Premium plus CI/TPD benefit 3. Single Life Annuity with Return of Balance of Premium 4. Joint Life Annuity 5. Joint Life Annuity with Return of Premium plus CI/TPD Benefit

What is Deferment Period?

Deferment Period (DP) is the period which starts from the Date of Commencement of Policy and is more than or equal to the Premium Paying Term (PPT). Post the Deferment Period, first Annuity becomes payable to the Annuitant. Policyholder has an option to choose Deferment Period.

What is a retirement plan?

A retirement plan from IndusInd Nippon Life helps you save for your post-retirement life and ensures a steady income later.

What is the Survival Benefit under IndusInd Nippon Life Nishchit Pension?

During Deferment Period All Annuity Options: No Annuity payment shall be made during the deferment period After Deferment Period Option 1, 2 & 3: Annuity payment shall be made in arrears as per the chosen payment frequency as long as the annuitant is alive. After Deferment Period Option 4 & 5: Annuity payment shall be made in arrears as per the chosen payment frequency as long as either one of the annuitant(s) are alive.

Why plan early for retirement?

Starting early with IndusInd Nippon Life Retirement Plans helps you build a bigger retirement corpus with lower premiums.

What payout options are available?

IndusInd Nippon Life allows monthly, quarterly, half-yearly, or yearly payout options.

What is the Death Benefit under IndusInd Nippon Life Nishchit Pension?

In case of unfortunate death of the annuitant(s) provided the Policy is In-force i.e., all due premiums have been paid as on the date of death, the Claimant(s) shall receive higher of: Policy Year Benefit During Deferment Period Option 1, 2 & 3: 110% of Total Premiums Paid upto the date of death shall be payable. Option 4 & 5: On death of the last surviving annuitant i.e. on death of both the Annuitants, 110% of Total Premiums Paid upto the date of death of the last surviving annuitant shall be payable. After Deferment Period Option 1 & 4: No death benefit is payable. Option 2: Total Premiums Paid upto the date of death shall be payable. Option 3: Total Premiums Paid less sum of all the Annuity payments paid up to the date of death under the policy subject to minimum of zero. Option 5: On death of the last surviving annuitant i.e. on death of both the Annuitants, Total Premiums Paid upto the date of death of surviving annuitant shall be payable. The policy terminates on payment of the death benefit to the Claimant(s).

IndusInd Nippon Life Nishchit Pension – Guaranteed Pension Plan

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During Deferment Period	All Annuity Options: No Annuity payment shall be made during the deferment period
After Deferment Period	Option 1, 2 & 3: Annuity payment shall be made in arrears as per the chosen payment frequency as long as the annuitant is alive.
After Deferment Period	Option 4 & 5: Annuity payment shall be made in arrears as per the chosen payment frequency as long as either one of the annuitant(s) are alive.

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INL Nishchit Pension

Secure a retirement as bright as your spirit

About Product

INL Nishchit Pension

Benefits of INL Nishchit Pension

Guaranteed Income

Multiple Annuity options

Payment Term

Annuity Payout Frequency

Retirement Planning

Entry Age

All you need to know

How the plan works?

Rs 2,00,186

Rs 4,00,372

Rs 6,06,624

Rs. 1,80,974

Rs. 3,61,948

Rs 5,48,406

Rs. 1,97,160

Rs 3,94,230

Rs. 5,97,456

Rs. 1,74,290

Rs. 3,49,980

Rs. 5,30,274

Rs. 1,63,564

Rs. 3,27,128

Rs. 4,95,648

Eligibility Criteria

Trust You Can Count On

40,214 Cr^

68000+

98.94%**

700+#

80.2%^

6,051 Cr^

FAQs of INL Nishchit Pension

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40,214 Cr^{^}

68000⁺

98.94%^**

700+^#