Our pension plans are designed to ensure that your retirement years truly become your golden years. They will provide you the financial security to pursue your unfulfilled dreams.
What is retirement insurance?
Retirement insurance ensures that you or your family members receive a regular pension amount post a retirement date. You have the flexibility to choose the retirement date and the manner in which you receive the pension.
Why do I need retirement insurance?
- Longer retirement years:Average life spans are increasing in India and hence, the retirement years are likely to be longer. With the rise in inflation you will need more money to live in comfort.
- Financial independence post retirement:Earlier, people could depend on their children to take care of them post retirement. However, as a modern individual, would you not like to maintain your financial independence post retirement also?
- Inflation:Inflation is an important factor. Post retirement, you need a regular income to ensure that your expenses can be met.
How much retirement corpus do I need?
Post retirement, you would like to maintain your life style and also need to take care of increased medical expenses also. You can arrive at the exact value required through our Retirement Calculator.
Why should I start planning for my retirement now?
- The earlier you start planning for retirement, the larger will be the corpus for you at the time of your retirement. Neglecting your retirement needs can prove to be costly later in your life.
- Life Annuity with Return of Purchase Price: Unfortunate events do not knock your door when they come. Hence, it is better to be prepared and ensure that the financial needs of your loved ones are taken care of, in the unfortunate event of your death.
- Apart from the benefit of a comfortable retirement, also enjoy tax benefits as per prevailing tax laws.
24,000)
