Plan retirement income with long-term savings and life cover options.
Pension plans help you build a retirement corpus and convert it into regular payouts (depending on plan terms). For Indian families, they are commonly used to support lifestyle expenses post-retirement.
Some pension-related insurance products may offer tax deduction benefits as per prevailing Indian income-tax provisions (subject to conditions).
Many plans are structured to provide income during retirement years.
Structured premiums help you stay consistent with retirement goals.
Helps you plan for rising healthcare and living costs in later years.
Depending on plan, you may get protection along with retirement benefits.