All About Life Insurance, Daily News Updates & Fitness. Read on to enable yourself to take more informed decisions for your family's financial protection.
The average retirement age in India is between 58 and 60 years. However, this needs to evolve and should be updated to meet the growing demands of India's ageing population.
Understanding the latest retirement age in India and how it differs across sectors is helpful for employees planning their long-term financial stability. Let’s understand in detail
A ULIP, or Unit Linked Insurance Plan, combines the benefits of investment and insurance. However, investors may consider exiting ULIP investments after the recent amendment, which removed tax exemptions on ULIP maturity proceeds for policies issued on or after February 1, 2021. Experts recommend ULIP renewal, as tax benefits under Section 80C are still available under the old income tax regime.
For young Indian investors, increasing wealth in the future and ensuring family security is a big deal. One of the ways to achieve both targets is via a Unit Linked Insurance Plan (ULIP). Now, if you are planning to invest for the long term, it is important to know how ULIP returns in 10 years will work.
The Government of India currently offers a broad range of of pension schemes that can provide support various groups of disadvantaged individuals. One such scheme is the Viklang Pension Yojana, which provides regular income to disabled Indian citizens. Keep reading to learn about the eligibility criteria, documents required, application procedure, etc., of the Viklang Pension Yojana.
A Unit Linked Insurance Plan (ULIP) offers the dual benefit of life cover and capital appreciation in a single product. Thus, they are ideal for individuals who are looking for long-term wealth creation, along with securing their loved ones in case of a mishap. However, given that a part of the ULIP premiums is invested in market-linked assets, many investors have a doubt - Is ULIP safe? Let’s find out.