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Money & Banking - Pension Plans
Birla Sun Life’s pension plan

Mumbai, Sept. 7

Birla Sun Life Insurance has launched a unit-linked pension plan. “Birla Sun Life Insurance Freedom 58 Retirement Solution” allows customers to accumulate their premiums and offers the option to direct investments into any of the 5 fund options. Customers can reduce their policy premiums from the second year. They can also change premium allocation at any time and also have unlimited top-up premiums and fund switches.

The President and CEO of Birla Sun Life Insurance, Mr Vikram Mehmi, said: “We have also introduced a new 100 per cent debt fund option called Income Advantage Fund that focuses at providing capital preservation and regular income at high level of safety over a medium-term horizon by investing in high quality debt instruments”. –

Our Bureau

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