Smart Pension Plus

SMART PENSION PLUS is a ?

• Linked , Participating plan

• Non Linked , Participating plan

• Non Linked Non Participating plan

• Linked Non Participating plan

How many Annuity Options are available with SPP ?

• 2

• 3

• 1

• 4

In Life Annuity, what is the minimum age of entry in case of Limited pay ?

• 18

• 30

• 45

• 25

In Increasing Annuity, what is the minimum age of entry in case of single pay ?

• 18

• 25

• 45

• 30

What is the PPT available in Life Annuity in SPP ?

• 5 - 10

• 5 - 12

• 5 - 15

• 5 - 8

Does Life Annuity plan options had Death Benefits ?

• Yes

• No

What % of simple increase shall be payable to the life assured every year from the 1st poilcy year in Increasing Annuity Plan option ?

• 2%

• 4%

• 6.5%

• 3%

Is the annuity under this plan guaranteed?

• Yes, the annuity is guaranteed and shall be payable for as long as the annuitant(s) is alive.

• No it is not guaranteed

Can I change my premium payment term and deferment period during the policy?

• Yes I can change my Premium payment term and deferment period during the policy

• No alterations are allowed in the policy. Premium payment term and deferment period once chosen shall remain the same for the duration of the policy.

What is the minimum premium amount under this plan ?

• a. Single Pay (SP): Rs. 50,000

  b. Limited Pay (LP): Rs. 30,000

• a. Single Pay (SP): Rs. 5,00,000

  b. Limited Pay (LP): Rs. 3,00,000