Insurance

Importance of Retirement Planning

In today's fast-paced world, life insurance is more important than ever before. We face different challenges and stress is a common factor. Our hectic lifestyle has made lifestyle diseases very common while the life expectancy in India has seen an improvement over the decades now. So more often than not, there might be a situation of a long retirement with rising medical costs, lifestyle expenses, etc.

Knowing the ideal path to a secure and protected life is what everybody desires; however, we rarely know what to do at the right time. Life Insurance taken at the right time not only provides peace of mind but also can be a source of income. What kind of insurance plan you take also decides the type of coverage you will have, along with other benefits.

In today's fast-paced world, life insurance is more important than ever before. We face different challenges, and stress is a common factor. In current times, with the medical facilities getting better and as a result life expectancy improving over the past decades in India, we can expect a long retirement where we might have to incur expenses of rising medical costs, day to day expenses, travel, etc.

What is Retirement?

Life insurance is an insurance policy that gives a lump sum of amount to your designated beneficiaries if you were to pass away. 

What are Guaranteed Income Plans?