Axis Max Life

Forever Young Pension Plan

Your Life. Your Income. Forever Young

Forever Young Pension Plan is a retirement income solution designed to provide guaranteed regular income after retirement so you can enjoy financial stability and a vibrant lifestyle in your golden years

Key Highlights

High Cover

Get cover up to 1 Crore

Tax Usage

Save tax under 80C

Eligibility Criteria

Parameter Details
Age 18-65 Years
Min Income No Minimum Income is Required

What's Covered

  • Guaranteed lifetime income
  • Death benefit during deferment
  • Joint life option
  • Optional return of purchase price
  • Flexible payout frequency
  • Optional Riders

What's Not Covered

  • Suicide within first 12 months
  • Claim rejection due to non-disclosure / incorrect information
  • No benefit if policy lapses (premium unpaid during deferment)
  • No high life cover like term insurance (benefit mostly premium-linked)
  • Pension/income is not tax-free (taxable as per slab)
  • Rider benefits during their waiting period (if any rider added)
  • Any exclusions specifically mentioned in the policy document

Ready to secure your future?

More Info