We can compare your current insurance coverage against a variety of insurance companies to find out who offers the best deal.
We will also review your current coverage and advise you if we see that you are either over-insured, under-insured, or if we have other recommendations for your specific situation.
You can purchase a Pension Plan only after you attain a certain age. There are different age brackets for different insurance plans, but generally, the minimum entry age for a Pension Plan is 18 years. However, there are some companies that have set the entry age for these plans as 30 years. In the same way, there is a maximum entry age for the pension fund. In most cases, it is around 70 years.
There is a minimum premium payment that the policyholder has to pay for taking a Pension Plan. This is because the pension is received according to the premium paid by the policyholder.
This is the age at which the policyholder starts getting a pension. Generally, it is set at 40 years. It can go up to the limit provided by the insurance provider.
While it is important to strategically plan your retirement and generate a retirement corpus, an investor should opt for a retirement plan based on the offered returns.
With the help of the online pension calculator, you can easily calculate the return of pension plans. You will need to enter information such as your savings, your expenditure, your current financial liabilities, the total sum required and monthly expenses. Based on the information, the pension scheme returns can be calculated.