Pension plan

#12
There are many life insurance companies provides pension plan, If you want to best choose the best pension plans for you so compare all insurance companies plans and buy the best plans for you. You can compare policy premium and features which helps you to choose the best.
 

niftyoption

Well-Known Member
#13

ananths

Well-Known Member
#16
Hi,
There are so many pension plans in the market. I feel instead of taking pension plan one should start systematic investment in Mutual Funds. The reason is I think these pension plans have extra cost which will be deducted every month as service cost.

Pension plan comes with different flavors like unit linked plan and insurance etc. Advisors say that you need to keep investment and insurance separate because insurance has cost. Most of the pension plans have debt investment and equity exposure is less and insurance cost hence the return wont be as much as pure MF.

One can create his own fund for retirement by investing in a mix of different types of MF's based on his/her age and investment duration.
Those who dont want to take this route can opt for pension plan which is easier to choose and no tension :D
 

gibl

New Member
#17
You can check out LIC Jeevan Akshay VI Pension plan.


Salient features:

Premium is to be paid in a lump sum.
Minimum purchase price :
Rs.100,000/- for all distribution channels except online.
Rs.150,000/- for on line sale.
No medical examination is required under the plan.
No maximum limits for purchase price, annuity etc.
Minimum allowed age at entry is 30 years (completed) and Maximum allowed age at entry is 85 years (completed).
 

gibl

New Member
#18
Rightly said.Sites like epolicybazaar,GIBL are very good options.Let the best companies compete for you to get the best quotes.
 

Similar threads