Pensionary and Retirement Supplement (Brace)
Pension and Retirement Plan Insurance Beris as a sustainable side income along with insurance coverage will play a strong role in the Iranian household economy. Therefore, the most important features of the Baris Plan Pension Insurance are the following:
The first short -term pension product in the country's insurance industry with very good returns.
Unlike all similar insurance policies, the principle of premium will be refunded to the beneficiary at the end of the contract.
This insurance policy is a pension type and will exist in the event of the death of the insured during the contract.
Brace Finance:
Brace Gateway to the Ocean, Brace Beach with a beautiful space and unique view is part of the Makran coast and is located by the Oman Sea.
This coast is a fishing port of Brace village and is referred to as the last port city of Chabahar at the zero point of the sea border and is located next to the Martian Mountains. On the Brace Beach Face to the Broceles of the Indian Sea and the Indian Ocean, and if you stare around, you can see the curvature of the earth well, and behind you, you can see the Martian Mountains and the port of Brace with warm and hospitable residents of the Baluchi people. Golden sands in combination with the infinite sunlight and the blue sea and the beautiful colors of fishing skirts in the dock are indescribable views.
Pensioner and Retirement Plan Plan: Baris Plan:
Pension of Brace is a type of pension insurance by paying a premium, which is designed to prevent the negative effects of inflation as well as provide decisions to continue the insurance policy for a 5 -year future in which the insurer is committed to paying 60 monthly installments plus a premium equivalent. Also insured during the contract period has the same coverage of the same insurance equivalent.
Brace Design Features
The term of the contract in the Brace Plan:
minimum contract is 5 years and up to 10 years. (Distance to Pension Payment Plus Pension Payment Time)
The distance to the first installment is at least one month after the issuance of the policy and a maximum of 5 years after the issuance of the policy. (This distance can be selected to the full year)
The payment duration is 5 years (equivalent to 60 monthly installments).
Brace Plan Plan premium:
Brace Plan Plan premium will be paid together.
The minimum premium amount is 50 million USD and up to 500 million USD.
The designs on the Brace Page 50-60-70-80-90 are 100 million Tomans.
Brace Plan Insurance Coatings:
pay 60 monthly pension installments (constant or incremental).
pay one -time premium at the end of the contract period.
Covered by the insurance.
Insurer's obligations if the insured's death during the contract period:
Payment of Die Insurance Value, equivalent to an equivalent to investment (premium) to the insurance policy.
Payment Mathematics Reserve until the date of death
Profit from participation up to death date
Other Brace Design Facilities (Increase Coefficient/ Time Distance to Pay):
Pension installments can be 60 installments or have an annual increase of 5 to 20 percent.
The start of the pension installment to the selection of the insurer can be one month after the issuance of the insurance policy or starts with annual intervals from 1 year to 5 years. Obviously, the greater the amount of time to pay the pension, the more investment opportunities will increase and the pension amounts will increase. Also, by selecting the annual increase coefficient, the pensions will be smaller in the elementary year.
Summary of Brace Design Features and Benefits:
Possibility of receiving loans after 1 year from the start of the insurance policy to 90 % of the initial premium
Possibility of redemption at any time of insurance contract
Tax exemption subject to Articles 136 and 137 of Direct Taxes
allocate interest in interest in interest at the end of each year in addition to guaranteed interest rate
Possibility of increasing pensions annually with a coefficient of 5 to 20 percent
