What is the guaranteed period annuity option?
In Guaranteed Period Annuity option, regardless of whether the life assured survives, an annuity is paid for different durations, for eg. 5,10,15 or 20 years. […]
In Guaranteed Period Annuity option, regardless of whether the life assured survives, an annuity is paid for different durations, for eg. 5,10,15 or 20 years. […]
In Annuity Certain clause, the annuitant receives annuity for a certain number of years, based on her choice. In case of death during this period, […]
The with cover pension plans include a life cover element in the plan. If the policyholder dies, the family members receive a lump sum. The […]
Immediate Annuity is where pension payouts start within a year from the payment of the premium for the retirement insurance policy. The policyholder deposits a […]
Deferred Annuity plans are insurance schemes where a portion of your income is deferred till the vested or retirement age. You can accumulate a corpus […]
ULIP or Unit Linked pension plans are market-linked pension products from life insurance companies. These offer long term retirement plans. The funds from premiums is […]
Annuity is the regular payouts from the accumulated fund invested in a pension plan after retirement. This can be received monthly, quarterly, half-yearly or yearly. […]
All pension plan insurance policies offer a minimum guaranteed return, based on the company offering the policy and the terms thereof. Lifetime annuity is guaranteed […]
There are several types of retirement plans and these can be categorized based on: • Premium payment mode: has deferred annuity pension plan an immediate […]
In every pension plan, 33% of the final payout is withdrawable as lump sum and tax-free. The remaining amount is taxable. According to section 80CCC […]
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