HDFC Unit Linked Pension Maximizer II:

During the post retirement days we earn a lot and we spend a lot too.  It should be in the mind of every working individual that spending is something that takes place throughout one's life but earning is only when one has the age and strength to do so. 

Hence while earning and spending one should also know to save for the future after retirement when earning stops and spending continues.

The best investment that one could ever think of is the unit linked pension maximiser II plan.  With this plan one can be independent throughout one's lifetime with no hassles for money to live an enjoyable life. 

This plan offers you the chance to maximise your investment returns and gives an addition of 10% of the initial premium at the time of death or vesting.

The regular features of this plan include
A minimum term value of 10 years and a maximum of 40 years is allowed to the policy holder.  One can choose one's own retirement date with this plan.  There is a wide range of choice of funds approximately seven choices to choose from.

The premium investment in a single payment initially is fifty thousand or more.  Eligibility age is 18 years for this plan and the maturity age is 65.  On retirement the minimum age is 50 and maximum 75 years.

The benefits of the pension maximiser plan are unique
It is the best plan to choose to have a peaceful post retirement income even after retirement. 

At the end of the policy one can receive not only the value of the matured funds but also bumper additions that can be used as pension income as long as you live.

Bumper additions for policies whose term are equal or greater than 15 years will be paid on vesting or at the time of death.  These additions will be given according to the government regulations.

One can avail 1/3 of the total benefit at vesting as a tax free lump sum and get the rest converted to annuity either with HDFC or any insurance company of one's choice. 

One can change the choice of investment funds by switching and moving the accumulated funds from one plan to the other anytime.

One should be wise in making plans for the future.There should be no delay in selecting the perfect golden years of retirement now while the going is good.  Earn and save today and enjoy tomorrow.