Group Plans
	    Immediate Annuity
	    
	     
	     
	    
	    Synopsis:
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Tata AIA Life Insurance Group Immediate Annuity with Return of Purchase Price plan, the ideal solution to convert your employee's corpus to regular income.
 
	    
	    
	    	Features:
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- All your employee has to do is pay or authorize transfer of a single premium to Tata AIA Life Insurance Company Limited (This amount is their purchase price)
 
- They need to choose annuity payment modes (the frequency at which they want the income) - monthly, quarterly, half-yearly or yearly
 
- Tata AIA Life guarantees you a rate per thousand at the time of purchase and this depends on the age as well as the purchase price
 
- Employee needs to opt for either receiving post dated cheques or a direct credit into their bank account i.e. PDCs / ECS
 
 
		 
		
		Eligibility:
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| 
 Minimum Purchase amount  
 | 
 Rs. 50,000 
 | 
| 
 Minimum age of purchase  
 | 
 21 years 
 | 
| 
 Maximum age of purchase 
 | 
  80 years 
 | 
| 
 Policy period  
 | 
 Life time 
 | 
| 
 Premium payment Period  
 | 
 Single 
 |