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DEFERRED ANNUITY PLAN
LIC to launch three new insurance plans on October 19, 2026: Annuity, health insurance and cancer cover to go on offerLife Insurance Corporation of India is set to introduce three new insurance products on October 19, 2026. The offerings include LIC’s New J...
He trusted Canara Bank for 31 Years, then was sold a life insurance plan that pays at age 93; IRDAI orders Rs 4 lakh refund and ₹1 crore fine for mis-sellingIRDAI has imposed a ₹1 crore penalty on Canara HSBC Life Insurance Company over the sale of a deferred annuity policy to an 88-year-old cus...
₹1 crore penalty on Canara HSBC Life Insurance Company over mis-selling of a deferred annuity policy to an 88-year-old senior citizenAn 88-year-old was sold a deferred annuity policy despite age restrictions, leading to a Rs 1 crore penalty for Canara HSBC Life. IRDAI fou...
DLF Q1 Results: Profit rises 4% to Rs 794 crore; revenue declines 46%DLF Ltd has recorded a modest profit growth of four percent in the June quarter, though total income suffered a notable drop, affecting its...
DLF’s net profit rose to Rs 794 crore in Q1FY27Real estate major DLF Ltd reported a 4% year-on-year rise in consolidated net profit to Rs 794 crore for the quarter ended June, compared w...
Digit Life Insurance enters India’s retirement solutions marketGo Digit Life Insurance has entered India's retirement solutions segment. The insurer is betting on growing demand for pension and annuity ...
Lifetime retirement income with 40% equity exposure, variable annuity options under this pension plan: Check detailsThis pension plan offers guaranteed lifetime income combined with market-linked growth potential through up to 40% equity exposure. It also...
Life insurers sharpen focus on annuity and pension productsThe change comes with rising longevity, limited social security coverage and growing awareness around the need for stable post-retirement i...
Why deferred annuity is a strategic investment to secure your futureAnnuity plans offered a robust solution for post-retirement financial security. These plans provided a predictable income stream and protec...
Shriram Life Insurance launches Deferred Annuity PlanShriram Life's Deferred Annuity Plan, starting at Rs 60,000 annually for ages 40-75, offers a 5-10 year deferment period before annuity pay...
Get 60% higher pension by delaying your NPS exit by 5 years; know how NPS continuity and deferment options can help youNPS exit: Many people who have not saved enough for retirement income in NPS they need to know about the options they have at the time of e...
LIC Jeevan Dhara II policy launched: New annuity plan with guaranteed income; know detailsLIC Jeevan Dhara II: Life Insurance Corporation of India (LIC) has launched a new annuity plan with guaranteed income. The minimum entry ag...
LIC hikes payout under New Jeevan Shanti annuity scheme; details hereThe modified version of this plan with higher annuity rates will be available for purchase on January 5, 2023. The incentive to pay higher ...
Retire from job not your dreams with this guaranteed income planWith the realisation that early investing is the only way to plan for the future, saving systematically through guaranteed income plans is ...
LIC increases annuity rates of Jeevan Akshay VII, New Jeevan Shanti with effect from Feb 1The modified version of these plans with revised annuity rates shall be available for sale from 1st Feb 2022. The annuity amount under both...
Deferred payout from insurance plans is tax free: Should you invest in these plans?Though deferred insurance payout plans are tax-free, investors should consider several other factors before investing in them.
Should I keep my money in EPF account or invest elsewhere after retirement?"You may choose to retain your money in this account for up to three years after you retire - the EPF balance stops earning interest after ...
HDFC Life Pension Guaranteed Plan: Should you lock into annuity rates now?New scheme offers guaranteed rates on deferred annuity plan at time of purchase.
NPS and EPF still better bets than pension plansThe yields offered by most pension plans by insurance cos are also not competitive when compared to existing FD (fixed deposit) rates, say ...
Retirement saving: Immediate annuity vs deferred annuityAn immediate annuity plan is purchased with a lumpsum. People who want to start their retirement payout opt for immediate annuity.