On permanent disability, the subscriber can opt for any one of the following exit options: Lump sum withdrawal: Corpus can be withdrawn as full settlement in lump sum. The amount withdrawn under this option is tax free. Purchase of Annuity: The subscriber may choose to invest at least 40% of the corpus in annuity that would bring regular income to the subscriber. He should know tha... https://finxl.in/financial-modelling-online-classes-courses-training.html