A retirement insurance plan, also known as a retirement annuity or a pension plan, is a type of investment that is designed to provide income during retirement. In a fixed retirement insurance plan, the policyholder makes regular contributions to the plan, and the insurance company guarantees a fixed rate of return on the investment. The income received during retirement is based on the amount contributed and the guaranteed rate of return.
In a variable retirement insurance plan, the policyholder’s contributions are invested in a portfolio of stocks, bonds, and other securities. The return on the investment is based on the performance of the underlying investments, and the income received during retirement may vary depending on the performance of the portfolio.
Retirement insurance plans may be offered by employers as part of a benefits package, or individuals may purchase them on their own. These plans may have tax benefits, such as tax-deferred growth or tax-free withdrawals during retirement.
It’s important to carefully review the policy details and investment options before purchasing a retirement insurance plan to ensure that it meets your retirement income needs and investment goals.
SeQure your financial future and that of your loved ones with our comprehensive individual life insurance policy, which offers protection and peace of mind. Our policy provides flexible options and personalized coverage to suit your unique needs.
Inflated calculations against each current expense
The money that you need at the day of retirement
Total amount includes education and cost of living
@inflation rate of 2% pa
Assumed life expectancy is 80 years
Continue enjoying the benefits in India in case of repatriation. Choose from one of the two options:
On the date of transfer, following conditions to be met:
|Age at Entry||
Minimum USD 1,200
Maximum No limit (subject to underwriting)
Maximum 99 minus age
|Premium payment term||