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What is Annuity Withdrawal, Penalties and Everything About It?
What is Annuity Withdrawal, Penalties and Everything About It?As we know annuity funds are an investment portfolio in which the funds are invested for the better retirement life.But penalty is charged if money is withdrawn from an annuity, such as a ...
What is IRDA's Saral Pension Plan?
Here is a great opportunity for those who want to make an early investment in their retirement funds. There are currently many individual immediate annuity plans sold by life insurers in the Indian life insurance industry, with each policy having its ...
Buying Annuity Plans: Here's What You Should Note
Annuities take care of your post-retired life financially and there are plans which provide steady cash flow all through your life though inflation check shall still need to be done. If you are also considering investment into annuity plans for securing ...
IRDAI Makes Claim Process Easier For Pension Products
As huge corpus to the tune of Rs. 15,166.47 crores is lying unclaimed with the life insurance industry, the regulator Insurance Regulatory and Development Authority of India (Irdai) is itself taking steps to make the claim process easier for policyholders. ...
How Are Pension Policies Taxed?
Pension plans sold by the insurance companies come in handy for your sunset years when through these schemes you secure a fixed sum on a month on month basis as pension money. The policyholder decides about the vested date i.e the ...
What Are Annuity Pension Plans?
Government employees enjoy the benefit of life-long pension where as private companies with high paying salary have no option to provide pension once the employee retires. When an employee retires at a particular age, he is no longer entitled to salary ...
7 Smart Things To Know Before Buying An Insurance Policy
Buying an insurance will help you cover your financial requirements when in need. There are various insurance plans available depending on the need of the customer. So, one should choose the plan which suits the needs perfectly. Else choosing the wrong ...
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