Retirement can be the best phase in your life with all the time in the world to live all your dreams and do the things, which you always wanted to do but couldn't due to lack of time and your busy schedule prior to your retirement. Today, individuals have realized the need to provide for themselves during their retirement years. It's very important to invest early so that you can have the required financial backup and get the advantage of investments that grow and multiply every year, which would give you the added advantage in the future. You need a retirement plan through which you would continue to earn a satisfying income and enjoy a comfortable lifestyle post retirement.
Offering competitive returns to secure the golden years of your life, Max New York Life's SMART Invest™ Pension Plan is a comprehensive unit linked pension plan to meet your post retirement financial needs, ensuring you complete peace of mind. One-third of the corpus can be commuted at vesting age the amount commuted are eligible for tax exemption u/s 10A.
The plan provides you an additional protection against disability and disease through riders. The following riders are available
Personal Accident Benefit (PAB) Rider - this rider provides a lump-sum amount if you die in an accident or are involved in an accident, which results in Total and Permanent Disability.
Dread Disease (DD) Rider - this rider provides a huge amount on you being diagnosed with any of the ten dread diseases covered or your undergoing the surgery covered.