| |
| Approximately 5% of people live comfortably after retirement. Most of us do not fall into that category because we fail to plan. Now AVIVA NDB provides you the opportunity to be within that 5% by introducing a pension for everyone in Sri Lanka. All you are required to do is to decide when to retire, how much you will need as a monthly pension and for how long you will need that pension. |
| You will start receiving a monthly pension commencing from your chosen Retirement Age. You have the option of choosing a pension receiving period between 10 - 30 years. Even if you are unable to pay your premium (during the premium paying term) due to a Total Permanent Disability, the Company will pay the premium on your behalf ensuring continuous build-up of your Pension fund, assuring you a monthly pension from the Retirement Age. |
| |
| In the unforeseen event of your death AVIVA NDB will continue your policy by paying the premium on your behalf, ensuring that your spouse or dependents receive a monthly pension until the end of the opted pension receiving period. |
| |
| You have a choice of four investment strategies, namely Cautious, Moderate, Aggressive and Advanced which allow you to invest your Pension Fund in investment options ranging from Treasury Bills to the Stock Market. |
| |
| An in-built inflation guard protects your Pension Fund against inflation even in the unforeseen event of your death or Total Permanent Disability. |
| |
| AVIVA NDB Pensions offers you a life cover that is twice your initial annual basic premium. In addition by paying a nominal amount you have the option of increasing your life cover if required. |
| |
| After the completion of three policy years, you have the option to withdraw up to 15% of the Pension Fund as an emergency withdrawal, once during the premium paying term. In addition upon reaching Retirement Age you can withdraw up to 30% of your Pension Fund (less any emergency withdrawal amount made). |
| |
| Unit Price growth* |
| Fund |
2007 |
2008 |
2009 |
2010 |
| Secure |
10% |
9% |
21% |
14% |
| Balanced |
7% |
-5% |
48% |
46% |
| Growth |
1% |
-21% |
84% |
86% |
|
| |
| *Please note that past performance is not an indication of future returns |
| |
| Note: The savings/retirement benefits are subject to investment risk (in view of the fluctuations in the market prices of the underlying assets) which are borne by the policyholder |
| |
| * Terms & Conditions apply |
AVIVA NDB Pensions
)