Not exact matches
The
returns of either scenarios can not be
guaranteed, but there are long term analyses that shows the stock market can be expected to
return about 7 %, compounded
yearly.
The interest is actually a dividend from the insurance company's annual profits, but most insurers
guarantee a minimum
yearly return.
The interest is actually a dividend from the insurance company's annual profits, but most insurers
guarantee a minimum
yearly return.
The
returns are computed after considering
yearly premiums from 1 to 10th year and outflow of 8 % of sum assured every year for subsequent 10 years + maturity benefit (Sum assured + 10.5 %
guaranteed additions per year on sum assured).
A pension plan is a plan in which you pay once and you start receiving pension at a pre-decided frequency (choice of
yearly, half
yearly, quarterly, monthly payout options) for life with a
guarantee of
return of full purchase price in case of death of policy holder.