The types of bonuses in life insurance explain how participating policies reward long-term policyholders through profit sharing. These bonuses enhance the sum assured, strengthen maturity benefits, and add financial value over time, making them an important feature for building sustained financial security through life insurance.

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.