Pension plans provide financial security to policyholders during their retirement days and so it's important to choose a pension plan carefully. Insurancezone2010.com aims to provide you with all relevant facts and advice so that you can choose the perfect plan for your retirement needs.
Sky high costs throw even a well-salaried person off balance. With rates rising every day, you can imagine how high they will be when you are about to retire. It is reasonable to start thinking about a good retire plan that fits your needs. Begin by understanding the pension amount you would require and the premiums you can afford.
India has a growing elderly population with most of them having no formal access to retirement benefits. Most are still dependent on their children for old age care. The government has set up Pension Fund Regulatory Development Authority to promote old-age income security by establishing, developing and regulating pension funds.
Pension Plans are individual insurance plans that impact your future by providing financial stability during old age. Pension plans are suitable not only senior citizens, but anyone planning for a secure future.
With an increasing number of young Indian professionals moving away from traditional joint family structure, parents have realized the need to be careful for their retirement years. Pension plans are their best friend offering a comprehensive long term financial plan for retirement years.