Author name: PolicyAdvisor

The earlier you choose a retirement planning strategy, the better because as retirement age draws closer, the cost of insurance […]

Choosing the right retirement plan helps you avoid depending on someone when you are no longer employed. It gives you

Retirement insurance policy is critical today with increasing average lifespans and longer retirement years. Rising inflation also makes it important

Retirement planning is suitable for young investors who are just beginning to earn, mid age investors and retired employees. Compare

To find the right retirement product, consider your appetite for risk, current income, inflation, liquidity needs, and tax impact.Based on

Direct equity is a long-term saving option that can be handled directly by the investor or by enrolling in equity

There are many pension plan options in India based on a variety of needs available to individuals who are employed

Yes. Retirement planning with help you save for an independent life after you retire from employment. It requires disciplined and

Participating plans are those that share the insurer’s profit with policyholders. This is a variable amount and relies on the

Surrender charges are levied when the policy is cancelled before the vesting date, that is, maturity date.

Yes. Since the goal is to receive a regular and timely pension during retirement, compare pension plans to know the

The sum assured is that amount which the nominee receives in the event of the death of the insured in

Vesting age is the age at which the insured starts receiving pension payouts.

In unit linked pension plans, death of the insured before vesting age results in nominee receiving the larger amount from

Death benefits are based on type of pension plan and the phase of the plan when the insured expires, that

Yes. As per regulations, Life insurance is mandatory with pension plans.

Unit-linked pension plans are similar to unit linked life insurance plans in that they are market-linked, enabling the insured to

Similar to insurance plans, traditional pension plans offer a guaranteed fixed return to the insured based on the premiums invested

The single premium pension plan or immediate annuity plan involves paying a lump sum amount as a single premium. This

As per the IRDA, for all annuities that are due on 1 April 2016, pension plan holders must choose their