1)Vesting ages allowed are 50, 55, 58, 60, 65 and 70.

2) Policy consists of two phases - accumulation phase and annuity or payout phase.

3) Policyholder will have to build a fund during the accumulation phase, which will be utilized to buy an annuity on the date of retirement.

4) Premium paid are put in an investment fund.

5) Based on his risk profile, choice of three investment option available - Nourish, Growth and Enrich.

6) Policyholder can change the investment option during the tenure of the policy. In any policy year two such switches can be made free of cost.

7) In order to safeguard the fund against any market fluctuations especially closer to vesting date, the company will transfer the Policy Fund into the most conservative investment fund option of Nourish (if not already so), five years before the vesting date, unless policyholder specifically instructs otherwise.

8) In addition to the regular premiums, policyholder can make additional contributions to the fund in the form of top ups. Minimum top up amount shall be Rs 10,000.

9) Life insurance cover can be availed during the accumulation phase.

10) On the date of retirement, policyholder can withdraw 25% of the Policy Fund as a lump sum and utilise the remaining portion of the fund to purchase any annuity.

11) Policy holder has the option to purchase the annuity with Birla Sun Life or any other insurance company on the date of retirement.