Thursday, 27 September 2012

Pension Plans


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Compare Quotes for the Best Retirement & Pension Plans!

What are Pension Plans?

Pension plans are savings and investment plans that provide you with income after retirement.

These plans help you build a retirement corpus which is invested on maturity to generate a regular stream of monthly income to cover your expenses.

Why Pension Plan?

Pension plans help you save regularly and build a corpus for your future after retirement.

These plans help you get a regular income so that you can maintain your current lifestyle post retirement too.

Saving in such plans also has tax benefits.

How much investment do I need?

The amount of investment in a pension plan shall depend on how much monthly income do you require in your post retirement years.

Use retirement calculators to calculate your investment to get your desired pension amount.

Documents Required (if any)

Age Proof
Identity Proof
Address Proof
Income Proof
Duly Filled Proposal Form

About Retirement
* You want to invest
* How much do you want to invest?
 per year
* Policy Tenure
* Premium Payment Term
* Sum Assured    
* DAB Sum Assured
* Gender
* Date of Birth    
About You
* Name
*Annual Income
* City of Residence
* Email
* Mobile Number
  e.g. 98XXXXXXXX
Contact Number -
  e.g. 011-264XXXXX
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Retirement / Pension Plans



Pension plans provide financial security to policyholders during their retirement days and so it's important to choose a pension plan carefully. PolicyBazaar.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 everyday, 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.

You can research the various plans available in the market and compare their costs and benefits. Its an important financial step and with PolicyBazaar,com you are assured of making an informed decision which will impact your future. You can view various pension plans available in India here at PolicyBazaar.com, and evaluate and purchase the one you choose.

To lead a secured retired life in the Golden years of life is what everyone dreams of. And to attain that one needs to plan for his or her retirement from very early in their life. Small investments made early in the life can help in getting a retirement income which enables you to lead your life with the same lifestyle even after retirement.

To plan for a proper retired life we need to know what are the good retirement or pension plans available in the market and before you go check retirement quotes for various plans it is important proper pension plans comparison is done. This will not only yield in getting the right product but also enable to calculate the right pension amount you may require.

Checking various retirement Quotes or proper pension plan comparison is the only difference that lies between a happy retired life or a retirement which may be full of sorrows.

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