Pension plan

Hi,
Can anyone tell me some good pension plans available in the market today.

Regards,
Jay

Sir, I am an insurance advisor for Life Insurance Corporation of India (LIC).

Regarding your query on pension plans, LIC is offering good pension plans like Pension Plus, New Jeevan Suraksha, Jeevan Akshay (in case you are above 40 years), Jeevan Nidhi etc.

In the Pension Plus Plan, it is purely market related plan where you can choose term as 10 years and the maturity proceeds based on that day's NAV will be converted in to pension.

In case of New Jeevan Suraksha, Jeevan Nidhi, you pay a certain premium for a particular tenure and after that you will start getting the amount as pension.

In case of Jeevan Akshay, you pay a one time lumpsum amount say for eg 50,000 and start getting pension immediately. This is for persons above the age of 40 years.

Now LIC has launched Samridhi Plus (which is market related plan) where you have the facility of single premium or regular premium. Pay premium for 5 years and maturity is 10 years. This plan offers payment of Fund value at the end of policy term based on highest NAV over the first 100 months of the policy or the NAV applicable on the date of maturity, whichever is higher.

On maturity, you can convert the maturity proceeds in to pension plan.

You can choose other plans also like Jeevan Saral or Endowment and can convert them in to pension plan on maturity.

In case you require any clarifications, you can contact me. I will definitely assist you.

Sorry, but I dont have any info about this

I suggest you to get touch with LIC agents, they will help you. It is very difficult to advise a plan to you without knowing how much you can invest on a yearly basis. There are some good pension plans available from Bajaj Alliance, LIC and Max new york life insurance. Max agents will do a financial consulting for you free of cost.

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LIC has good retirement pension plan.

Aviva Secure Pension is the only plan available to provide you with the dual is one of the best secure pension plans available in the market today.

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why dont you try Gsip or ulip in icici prudencial which is going to pay more , you are assured of life long pension ...
I came to know it recently as i am doing my internship in icici prudencial furthur any queries or assistance feel free to contact me at [email protected]

I need a suitable pension plan for my son wherein he is able to get monthly pensions of about 40k with life insurance, accidental disability etc. the details will be as below
1. his age is 23 years by January 2012
2, He can afford around 3000 - 4000 per month as premium
3. His retirement is calculated for next 30 years

What should be the best plan and if the figures seems absurd what should be the correct figures for getting 40k - 50 per month after 30 years.

Thanks in advance

Hi! try policybazaar.com... you can compare various plans of insurance companies...