Author name: PolicyAdvisor

ULIP or Unit Linked pension plans are market-linked pension products from life insurance companies. These offer long term retirement plans. […]

Annuity is the regular payouts from the accumulated fund invested in a pension plan after retirement. This can be received

All pension plan insurance policies offer a minimum guaranteed return, based on the company offering the policy and the terms

There are several types of retirement plans and these can be categorized based on: • Premium payment mode: has deferred

In every pension plan, 33% of the final payout is withdrawable as lump sum and tax-free. The remaining amount is

The IRDA mandates a minimum guarantee with all pension plans, as “on-zero returns” on premium paid or guaranteed maturity benefits.

Retirement planning will provide you with consistent income to meet your needs as well as your dependants’ after you retire,

The earlier the better, as it will result in higher savings when you retire. Since life is unpredictable, the sooner

Yes. PF is good but inflation will diminish the amount and it may not be enough for future needs, particularly

Pension plans offer regular income after retirement when the paychecks stop, allowing you to focus on your dreams, making available

Pension plans insurance plans or retirement plans are investment plans where a portion of your savings is earmarked to accumulate

Yes. Retirement insurance policy is critical since savings don’t last forever, especially if there are emergeny expenses. Choosing the best

Employed individuals have a variety of contribution plans including Employee Provident Fund with employer contribution. There is also voluntary PF