Star Union Dai Ichi Life Immediate Annuity Plan

Recommendations :No

Name of the policy :
Star Union Dai Ichi Life Immediate Annuity Plan

A brief desciption :

Star Union Dai Ichi Life Immediate Annuity Plan is a traditional immediate annuity plan which caters to your retirement needs. However it is always advisable to avoid such annuity plans because the annuity payouts are way below the returns gained from investments in mutual funds moreover options like SWP takes care of the liquidity requirements of indiviuals.

Started date :26/2/2009
Type of policy :Insurance cum investment
Category :Traditional-Endowment Plan
Insurance :Nil/Equal to Purchase price paid (Depending upon the plan chosen)
Returns expected :Less than Fixed Deposit
Entry age :50-80 Years
Surrender :No surrender facility is avaliable in the scheme.
Minimum amount :Min- 5 lakhs Max- No limit

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