If you need pension starting age 54, its better to go for bundled policies rather than pure pension plans. Reason being, annuity from pension plan will be taxable.
I believe what you are looking for is a long term assured return plan, with regular investment of premium. What you might additionally need is a premium waiver benefit cover, without which child...
LIC terminated 195,326 agents during this period while there additions of 204,554. Thereby it ended with 1,315,413 agents at the end of December, 2011 against an opening balance of 1,306,185 agents....
The life insurance penetration has decreased from 4.60 in 2009-10 to 4.40 in 2010-11, whereas the non-life insurance premium has increased from 0.60 in 2009-10 to 0.71 in 2010-11.
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If you need pension starting age 54, its better...
If you need pension starting age 54, its better to go for bundled policies rather than pure pension plans. Reason being, annuity from pension plan will be taxable.
bhushansheth 1 Day Ago