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| 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. |
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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. |
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| A guaranteed rate of return will be declared for each year, at the end of the previous year. |
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| An in-built inflation guard protects your Pension Fund against inflation even in the unforeseen event of your death or Total Permanent Disability. |
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| AVIVA NDB PensionsPlus 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. |
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| 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). |
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| * Terms & Conditions apply |
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