Sentences with phrase «premium after retirement»

Now I feel the premium is to high and is not worth to pay premium after retirement.
In case one faces financial problems in paying premium after retirement age, he can any day stop continuing Term Policy.
He wrote back saying he had no intention to work beyond 60 years and also agreeing that continuing to pay the life insurance premium after retirement is akin to gambling on his own death.
In case one faces financial problems in paying premium after retirement age, he can any day stop continuing Term Policy.

Not exact matches

Immediate Annuity Plan is a type of retirement plan that will start paying out regular annuities immediately after you pay the onetime premium amount.
Could you kindly suggest best pension plan avaliable in market in which I need to pay premium for limited time say 5 or 10ys and can get fix retirement pension then after for life time.
Whole - Life Plan — insurance company collects premium from the insured till the retirement or the term of the policy and pays the claims to the nominees only after the death of the insured person.
Under this Reliance retirement plan, the annuity payments will start immediately from the next chosen frequency (monthly, quarterly, half - yearly or annually) after the payment of single premium
After you have paid the premiums you can look forward to lifelong guaranteed income as annuity after retireAfter you have paid the premiums you can look forward to lifelong guaranteed income as annuity after retireafter retirement.
Shriram Life Insurance Company offers one plan in the category of retirement plans which is an immediate annuity plan where annuity payouts are payable immediately after paying the single premium.
Under these policies, you need to pay a monthly premium to the insurance provider and they will provide a guaranteed monthly income after your retirement.
Premiums can be set to terminate at a certain age such as the policy owner's planned retirement age, or after a certain period.
Whether you are a senior citizen in retirement, a single - parent family after divorce, or a college student living off campus, you can find the right policy and the right premium.
So, beyond this period its purely your choice and also note that you may discontinue paying the premiums anytime say after your retirement, incase if you think it is redundant based on your financial profile at that time.
Individual policy premiums are much higher and this is because the policy gives the individual enough cover even after retirement.
You can even opt for a single premium immediate annuity if you have enough money to afford it, after your retirement.
Shriram Immediate Annuity Plan is a traditional pension plan where annuity starts immediately after paying a lump sum premium and thus it allows the policyholder to plan for retirement.
To get the best value for money, compare the quotes on returns and premium basis on www.Policybazaar.com For example, if a 25 - year old starts investing Rs. 4,510 p.m. towards a retirement plan, then he will get a pension of Rs. 50,000 p.m. after retirement.
One wishes to pay a single premium to enjoy income after retirement.
The Retirement Plans offered via future Generali are essentially designed to offer retirement benefits like constant income advantages after the premium term.
There are also IRAs such as Traditional, Roth and SEP IRAs for retirement planning; mutual funds; after - tax annuities including flexible premium deferred variable annuity and single premium immediate annuities; and life insurance consisting of level term, annual renewable term, universal life (UL), variable universal life (VUL), and survivorship UL & VUL policies.
After a time, the policyowner can increase scheduled premiums, once again, to build cash values that policyowner and spouse can use for their retirement.
Aviva Annuity Plus is a non-participating, non-linked single premium immediate annuity plan that is designed to provide you the guaranteed lifetime income after your retirement.
As his employer does not provide for any fixed pension, he wants to buy a pension solution with monthly premiums that will not only fulfill his retirement needs but also look after his wife even in case of his death.
Guaranteed corpus of 210 % of total premiums paid after retirement.
This plan offers 210 % of the total premiums paid after retirement.
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