Which insurance plan is best for retirement planning?

Which insurance plan is best for retirement planning?

The following are considered the top 10 pension plans in India at present:

  • LIC Jeevan Akshay 6 Plan:
  • LIC Jeevan Nidhi Plan:
  • SBI Life Saral Pension plan:
  • HDFC Life – Click2Retire:
  • HDFC Life – Assured Pension Plan:
  • ICICI Pru – Easy Retirement:
  • Reliance – Smart Pension:
  • Bajaj Allianz – Pension Guarantee:

Is Icici pension plan safe?

Your money is 100% safe When you buy ICICI Pru Guaranteed Pension Plan, your money is safe from any kind of market volatility. You do not have to worry about market fluctuations5.

What is Icici Pru easy retirement?

ICICI Prudential Easy Retirement Plan. ICICI Prudential Easy Retirement Plan is a Unit Linked Pension Plan which provides regular annuity payouts post vesting so that there is income provision after retirement.

What is retirement plan in life insurance?

Retirement plans, also known as pension plans, are life insurance plans that provide you financial security once your active income stops. You invest your earnings over the years in them, which is invested on your behalf by the insurer to generate income during your post-retirement years.

What is Icici Prudential Lifetime Super pension plan?

We now bring you ICICI Pru LifeLink Super Pension, a cost- effective single premium, unit-linked pension policy that provides you the convenience of a one-time lump sum investment. The accumulated value of your policy provides you with a regular income (pension) for life.

Which is the best pension plan in India 2021?

Top Pension Plans in India 2021

Pension Plans in India Entry Age Policy Term
HDFC Life Click 2 Retire 18-65 years 10,15-35 years
HDFC Life Assured Pension Plan 18-45 years N/A
ICICI Pru Easy Retirement 18-70 years 10-30 years
LIC Jeevan Akshay 6 Pension Plan 30 – 85 years N/A

What is a normal retirement age?

Age 65 has long been considered a typical retirement age, in part because of rules around Social Security benefits.

What services does ICICI Prudential offer?

The joint venture between ICICI Bank and Prudential plc offers various products, including savings plans, retirement plans, annuities, child plans, etc. Also, incorporated in 2000, SBI Life insurance is one of India’s most trusted insurance companies.

How to link Aadhaar with ICICI Prudential Life Insurance?

When providing your Aadhaar card details,make sure that your Aadhaar number is correct so that the linking is done without any hassles

  • The name in your insurance policy and Aadhar card should match.
  • When providing the policy numbers of your policy,provide the right numbers
  • How to revive lapsed ICICI Prudential life insurance policy?

    The policy can be revived only once during the policy term.

  • The lapsed policy can only be revived if it has not expired for a period of fewer than 6 months or more than 3 years from the date of revival.
  • Under the special revival scheme,the policyholder has to give a written request for reviving the policy.
  • How to contact ICICI Pru Life?

    – Guaranteed ~ Pension for Life – Deferment up to 10 years – Multiple Joint life options 9 – Tax benefits // on premium paid u/s 80CCC