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WHAT IS A RETIREMENT INSURANCE PLAN?

Understanding the importance

As the name suggests, a retirement plan is a savings or annuity plan that prepares and supports your life after retirement. It takes care of your regular and/or occasional expenses without compromising your needs and wants.

As the name suggests, a retirement plan is a savings or annuity plan that prepares and supports your life after retirement. It takes care of your regular and/or occasional expenses without compromising your needs and wants.

HOW IT HELPS YOU

Top features of Retirement Plans

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    Life Full of Comforts

    This plan prepared you for the best days of your life, where you get to pursue your interests and live a comfortable life.

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    Power of Compounding

    the earlier you start the plan the better will be your retirement corpus, thanks to the power of compounding.

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    Protection from Inflation

    Saving with a retirement plan is a proactive way of ensuring you get to fulfil your dreams and aspirations.

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    Preparing for Longevity

    As life expectancy rises, such a plan ensures you are well supported throughout a longer retired life.

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    Legacy Planning

    Retirement plans enable you to leave behind a legacy for your loved ones

REASONS TO INVEST

Invest in your Retirement Insurance!

EXPLORE RETIREMENT INSURANCE PLANS

Plan for their dream to become a reality

HAVE ANY DOUBTS?

FAQ’S related to Retirement Plans

Yes, you can change the nominee of the retirement policy anytime during your life.

Yes, you can stop or cancel your retirement plan and get what is called the ‘surrender value’. This amount depends on the duration for which you were invested in the plan.

Both savings and retirement plans are different instruments. Although they help you save money for a fixed goal, a savings plan can be aimed towards either short-term or long-term goals. Retirement plans, as the name suggests, are solely for retirement (long-term) purposes. 

You can start a plan at any age. Needless to say, the earlier you start the better it will be in terms of the amount of regular payouts you’ll receive once you retire. This is so, because your money will be invested for a longer period of time, thus increasing the potential of getting better returns.

KNOWLEDGE BYTES

All you need to know about Retirement Insurance!

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