Door Andesh - Retirement Plan

Every person wants their family to get all the joys and happiness in life. For this, they work hard all their lives and send their children to school, take them on vacations, arrange a beautiful wedding and then their children start their own lives. By this time, the person has already reached his retirement age and he wants peace of mind and a relaxed life. However, to have an easy life after retirement it is necessary to start saving for those days as early as possible. Adamjee Life’s Retirement Plan is designed to make sure your retired life is tension-free.

This is a long term investment plan designed to enable the individual to start saving from an early age (as early as 5 years) to ensure that they have sufficient funds to lead a happy life after their retirement. The plan can be continued up to the 85th birthday and allows the person to have peace of mind towards planning for retirement. The premiums are paid on a frequency which suits him i.e., monthly, quarterly, semi-annually or annually. To investment amount is as low as Rs. 8,000 and the individual has a choice to add a booster in the investment anytime during the term of the plan. These premium payments (along with the investment boosters) are invested in professionally managed funds to optimize the returns and allow the money to grow. Bonuses are also allocated to customers who continue the plan for a longer period. Along with an avenue of investment, this plan also offers a life insurance cover.


On death of the insured person during the in-force term of this rider, the rider sum assured is payable. Cover is available for different terms, with cover expiring on attainment of age 65 exact. Premiums for this rider are not subject to the premium escalation clause and are payable throughout the term of cover.

Minimum Entry Age 18
Maximum Entry Age 60
Cover Expiry Age 65
Minimum Sum Assured Rs. 100,000
Maximum Sum Assured Rs. 10 Million

On death or permanent and total disability of the insured person during the in-force term of this rider, a fixed monthly amount is payable to the beneficiary for the remaining term of the rider. The maximum amount of monthly income benefit is the lower of 50% of the annual basic premium and 50% of the insured person’s average monthly salary over the last 12 months.

Minimum Entry Age 18 Years
Maximum Entry Age 55 Years
Cover Expiry Term 60 Years

On occurrence of listed disease during the in-force term of this rider, the rider sum assured is payable. Premiums for this rider are not subject to the premium escalation clause and are payable throughout the term of cover. Critical illness is subject to Medical Underwriting.

Minimum Entry Age 18 Years
Maximum Entry Age 55 Years
Cover Expiry Term 60 Years
Maximum Benefit Rs. 1.5 million

Covered diseases
Heart Valve Replacement Renal Failure Benign Brain Tumor Loss of Limbs Coma
Myocardial Infarction Major Organ Transplant Motor Neuron Disease Deafness Stroke
Surgery for a Disease of the Aorta Parkinson’s Disease Multiple Sclerosis Major Burns Cancer
Coronary Artery Surgery (two or more) Loss of Speech Alzheimer’s Disease Blindness Paralysis

On death of the insured person’s spouse during the in-force term of this rider, the rider sum assured is payable. Cover is available for different terms. Premiums for this rider are not subject to the premium escalation clause and are payable throughout the term of cover.

Minimum Entry Age 18 Years
Maximum Entry Age 60 Years
Cover Expiry Term 65 Years
Minimum Sum Assured (working) Rs. 100,000
Maximum Sum Assured (working) Rs. 10 million
Minimum Sum Assured (Non-working) Rs. 100,000
Maximum Sum Assured (Non-working) Rs. 1 million

On Death of the insured person, Adamjee Life will pay the initial (un-escalated) basic premium for the remaining term of the rider. Cover is available for different terms. Premiums for this rider are not subject to the premium escalation clause and are payable throughout the term of cover.

Minimum Entry Age 18 Years
Maximum Entry Age 55 Years
Cover Expiry Term 60 Years

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