Give Your Future a Present
It’s true – life truly begins at 60, when you can watch your children and grandchildren growing up and see your investments bearing fruit. Planning for this stage of your life makes it so much easier to relax; knowing that tomorrow is well taken care of. Give yourself the gift of a secure future – look forward to the Golden Years of your life.
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RBS has tied up with EFU Life Assurance Ltd., to bring to you Golden Years. Golden Years is an exclusive, tailor-made life insurance and investment plan which ensures that you have a sufficient stream of monthly pension after your retirement. It offers:
- The choice of either taking a lump sum amount at retirement or receiving a monthly pension for life
- Built in life insurance
- 10 years pension payment guarante
Preparing for your future with this investment plan is very simple.
- The annual premium for RBS Royal Preferred Banking customers is Rs.180,000; 192,000; 204,000 - increasing by increments of 12,000.
- Choose the payment mechanism: Automatic debit from your RBS bank accoun
You have the flexibility of paying the amount on a monthly, quarterly, semi-annual or annual basis. Golden Years guarantees monthly pension payment for up to 10 years after your chosen retirement age. After the 10 years have elapsed, payments will continue to be made till you are alive.
Exclusive offer for RBS Royal Preferred Banking Customers
The sum assured is 10 times the annual premium or Rs. 800,000 whichever is lower. This sum assured limit comes with no cumbersome medical examination requirement. The death benefit is higher of the sum assured or your cash value at that time. You can apply for a higher sum assured after fulfilling EFU Life’s medical requirements.
Frequently Asked questions
- How safe is my investment ?
- Do I have the option of withdrawing from this fund?
- What makes Golden Years unique?
- What happens after the premium paying term (PPT) is over?
| How safe is my investment? The investment you make is extremely safe since your Capital is guaranteed for the basic premiums (total premium you have paid less charges of insurance determined by EFU) you have paid. Not only that, you will also receive handsome returns based on the performance of the fund. This is explained clearly in the illustration table *. |
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| What makes Golden Years unique? Your pension is guaranteed for 10 years after the chosen retirement age which means that the pension payment will not stop under any circumstances. At the end of the 10 year guarantee period, the monthly pension will continue to be paid to you till you are alive. In the unfortunate event of the death of the policy holder during the 10 year period, the pension will continue to be paid to your family and will only stop at the expiry of the 10 year guarantee period. Comfort of capital guarantee There is a capital guarantee* on your investment. This guarantee will not apply if the policy is surrendered before maturity. * Capital Guaranteed Amount = Annual Basic Plan Premium (Annual total premium less charges of insurance) x term of plan. |
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What happens after the premium paying term (PPT) is over? You can avail the following options: Let the cash value continue earning investment returns. Withdraw the cash value completely Leave the cash value and start receiving monthly pension for a guaranteed period of ten years starting from your retirement age. After a guaranteed period of ten years, you will receive pension till you are alive. |
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If our products and services have interested you and you would like further personalized information from our Relationship Managers please call 111-06-06-06 or visit your nearest RBS Royal Preferred Banking Center.
Important Information for US Persons
The offering, sale and/or distribution of many of the products or services described on this website is not intended in any jurisdiction to any person to whom it is unlawful to make such an offer, sale and/or distribution, including the United States.