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Sunday, Feb 13, 2005
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Retirement plan for a secure life

Birla Sun Life has come out with a retirement plan, `Flexi Secure Life II' with two options — single premium plan and regular premium plan. It is a unit-linked plan with three investment fund options; migration from one fund option to another is permitted. The minimum premium is Rs 5,000 under the regular plan and Rs 50,000 in the single premium plan. The life cover is 10 times the premium paid in the case of regular premium plan and 110 per cent for a single premium plan.

BL Research Bureau

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