Retirement is an important milestone in anyone’s life.There are different options available for post retirement income & we will look at one of them – Immediate Annuity Plan. Immediate Annuity Plans: As name indicates,policy holder needs to purchase the annuity by paying lumpsum purchase price. Annuity payouts are immediate as per annuity payment mode chosen…
Drawbacks Of New Pension System NPS:
Since 2009,New Pension System – NPS is available for all individuals to invest.Earlier it was available for Govt employees only. Though this scheme was revamped recently,it still carries basic drawback & we will focus on the same through this post. We will consider only Tier-I account for the purpose. Passive Equity fund: Equity scheme of…
Details Of HDFC Life Health Assure Plan – From HDFC Life Insurance
Recently HDFC Life Insurance have come up with the Health Insurance Plan Viz.HDFC Life Heath Assure Plan. This plan is similar to any basic mediclaim plan which reimburses the actual hospitalization expenses ..there are few other health plans offered by life insurance policies which offers benefits as fixed amount irrespective of the actual expenses. This…