1) Life Annuity with Return of 100% of Purchase Price (ROP): Annuity Payments will be made in arrears for as long as Annuitant is alive, as per the chosen mode of annuity payment.

2) Joint Life Last Survivor Annuity with Return of 100% of Purchase Price (ROP) on death of the last survivor: Annuity will be paid in arrears for as long as the Primary Annuitant and/or Secondary Annuitant is alive, as per the chosen mode of annuity payment

1) Life Annuity with Return of 100% of Purchase Price (ROP): On death of the annuitant the annuity payment shall cease immediately. The Purchase Price shall be payable to Nominee(s) / legal heirs. The policy shall terminate and all rights, benefits and interests under the policy shall stand extinguished

2) Joint Life Last Survivor Annuity with Return of 100% of Purchase Price (ROP) on death of the last survivor:

On first death (of either of the covered lives): 100% of the annuity amount shall continue to be paid as long as one of the Annuitants is alive.

On death of the last survivor: The an nuity payments will cease immediately. The Purchase Price shall be payable to the Nominee(s) / legal heirs.

On payment of Death Benefit, the policy will terminate and all rights, benefits and interests under the policy will stand extinguished

For more details kindly refer the brochure