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Retirement Plan to Secure the Life You Imagine
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Death Benefit and Lifelong Coverage
Benefit Items
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Lifelong Flexible Premiums and Guaranteed Returns
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Lump Sum Payout or Annuity as per Need
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Death Benefit and Lifelong Coverage
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Description
You’ve worked hard to build the life you always wanted. Now it’s time to protect the comfort you’ve earned. A retirement plan helps you enjoy your golden years with peace. Because when it comes to your happiness and protection, it should always come Sabse Pehle.
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What is a Retirement Plan?
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Insurance Plan Description
A retirement insurance plan or pension plan is a specially designed financial policy that supports your golden years while providing life protection. It helps secure your financial foundation for post-retirement life, ensuring continued independence and stability in the form of a regular pension or a lump sum after you stop earning a salary.
It encourages systematic savings and investments during your working years to build a corpus that offers a steady flow of income in retirement. Unlike regular savings or investment schemes, a life insurance retirement plan provides both retirement benefits and life cover, along with flexible payout options. It’s a smart way to turn years of hard work into lifelong protection and comfort.
It encourages systematic savings and investments during your working years to build a corpus that offers a steady flow of income in retirement. Unlike regular savings or investment schemes, a life insurance retirement plan provides both retirement benefits and life cover, along with flexible payout options. It’s a smart way to turn years of hard work into lifelong protection and comfort.
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What are the Benefits of a Retirement Plan?
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Regular and Guaranteed Income
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Enjoy a steady, guaranteed income after retirement to ensure financial stability and peace of mind in your later years. Some plans also offer immediate income (immediate annuity), depending on your needs.
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Freedom and Independence
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Stay financially independent and live life on your terms. You may travel, pursue hobbies, or support your loved ones without worries.
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Returns for Life
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Some retirement plans also offer an annuity plan that promises lifelong returns, whether you choose to invest through regular premiums or a one-time lump sum amount.
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Preparedness for Unforeseen Events
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Your plan acts as a safety net, helping you manage unexpected expenses like medical emergencies or life uncertainties.
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Longer Life Expectancy Rates
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With people living longer due to better healthcare, a life insurance retirement plan ensures your income continues long enough to protect you throughout your life.
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Protection and Savings
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Unlike other retirement plans, a life insurance retirement plan keeps you and your family protected with a life cover that offers security in case of an unforeseen event.
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You Can Start Planning for Retirement If You’re A…
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Young Professional (25-35 years)
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Build a long-term retirement corpus with the power of compounding.
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Mid-Career Employees (36-45 years)
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Strengthen retirement savings with current financial responsibilities.
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Homemakers
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Build and secure a regular income for your retirement years.
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Self-Employed Individuals & Entrepreneurs
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Create a retirement income without employer-sponsored benefits.
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Late-Career Professionals (46-55 years)
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Accelerate retirement planning for a steady income in post-work years.
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Senior Citizens
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Convert savings into a predictable post-retirement income.
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Age
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It is suggested that you start investing early, as it gives your money more time to grow through compounding.
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Current Lifestyle
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Your spending habits and lifestyle choices directly reflect on how much corpus you’ll need after retirement.
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Inflation Rate
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Rising living costs can reduce the real value of your savings over time.
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Future Plans
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Your post-retirement dreams, like travel or opening a new venture, need smart planning and a strong financial base, which can also impact your retirement amount.
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Events and Milestones
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Throughout your lifespan, major milestone events such as children’s education, marriage, certain healthcare expenses, etc., can affect your retirement plan directly.
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What Factors Affect the Retirement Amount?
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How to Calculate the Retirement Amount?
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How To Buy Details
FAQ question
Estimate Monthly and Annual Expenses
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List your monthly expenses and lifestyle needs, then estimate your yearly cost of living after retirement.
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Adjust According to Inflation
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Account for inflation and calculate how your current expenses may grow in the future.
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Factor in Life Expectancy
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Plan your savings to last at least 20–30 years after retirement, considering India’s average life expectancy.
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Decide Your Retirement Age
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Decide when you want to retire and how long you’ll have to save to reach your target amount.
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Include Life Cover and Annuity Benefits
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If you choose a life insurance retirement plan, include the protection and guaranteed income benefits it provides when estimating your total returns.
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Find the Final Amount
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Based on your expected expenses, inflation, and income options, calculate how much you should invest regularly to build the desired corpus.
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Use a Retirement Calculator
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Use an online calculator to get an estimate of your monthly savings requirement and potential maturity value.
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In case of the policyholder’s unfortunate demise during the policy term, the nominee receives the life cover amount or accumulated corpus, ensuring financial support for the family.
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What happens to my plan if I pass away before retirement?
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Calculate Your Ideal Retirement Savings in Minutes
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Your Retirement Insurance knowledge is complete.
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Welcome to the community of financially informed individuals who value security, trust, and smart planning. Share your certificate and inspire your circle to prioritize financial awareness.
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Congratulations!
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