Introduces Digit Sukoon and Digit Boss variants with flexible annuity options, lifetime income and Nifty 50-linked growth potential
Bengaluru: Go Digit Life Insurance Limited (Digit Life Insurance), one of India’s leading new-age life insurance companies, has entered the retirement planning segment with the launch of the Digit Life Pension Plan, introducing two distinct annuity variants—Digit Sukoon and Digit Boss—designed to cater to diverse retirement income needs.
The new pension plan offers customers a choice between 100% guaranteed lifelong income through Digit Sukoon and a combination of guaranteed and Nifty 50 Index-linked variable annuity through Digit Boss. Available for both individual and group customers, the plan will also be accessible through Digit Life Insurance’s website and mobile application.
The retirement solution has been designed with a high level of customization, allowing policyholders to choose between immediate or deferred annuity options (up to 15 years), flexible premium payment modes (single, limited, or regular pay), multiple payout frequencies including monthly, quarterly, half-yearly and annual, as well as single-life and joint-life annuity options.
Speaking on the launch, Sabyasachi Sarkar, Managing Director & CEO, Digit Life Insurance, said the retirement landscape is evolving rapidly, with customers seeking both guaranteed income and opportunities for market-linked growth. He added that the Digit Life Pension Plan combines these requirements within a single product architecture, enabling customers to personalise retirement income according to their financial goals and risk preferences.
The Digit Boss variant is designed for customers seeking a balance between income stability and wealth creation. It combines a guaranteed annuity component with a variable annuity linked to the performance of the Nifty 50 Index.
Customers can choose between 60%, 70%, or 80% guaranteed annuity, while the remaining portion remains linked to market performance, offering the potential for higher retirement income. The plan is available under both immediate and deferred annuity options, with single-life and joint-life coverage, return of premium benefits, and premium waiver options for joint-life policies.
For customers prioritising certainty, Digit Sukoon offers 100% guaranteed annuity for life without any market-linked exposure. The plan provides multiple annuity structures, including options with return of purchase price upon death, critical illness, accidental permanent disability, or survival up to a selected milestone age.
Digit Sukoon also offers customers the flexibility to opt for level or increasing annuity payouts, liquidity benefits through partial withdrawals, advance annuity payouts, and premium waiver benefits in specified contingencies. Beyond retirement income, the plan includes access to wellness benefits through partner wellness service providers.
Digit Life Insurance continues to expand its portfolio across protection, savings and retirement solutions for both retail and group customers. During FY 2025-26, the company reported Gross Written Premium (including reinsurance inward) of ₹1,990 crore, registering a 51.2% year-on-year growth.