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DEFERRED ANNUITY POLICY
AI alone won’t close India’s insurance gap as NITI Aayog seeks industry help to reach the ‘missing middle’- ₹1 crore penalty on Canara HSBC Life Insurance Company over mis-selling of a deferred annuity policy to an 88-year-old senior citizen
- Canara HSBC Life fined Rs 1 crore for mis-selling policy to 88-yr-old via Canara Bank
- 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...05 Mar, 2026, 03.41 PM IST
- What is an annuity plan? A simple guide to building guaranteed retirement income and choosing the right type for youIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 7...13 Oct, 2025, 06.30 AM IST
- Variable annuity products set to enter markets in 2-3 monthsThe Insurance Regulatory and Development Authority of India (IRDAI) has announced a new rule allowing insurance companies to offer variable...24 Apr, 2024, 06.03 AM IST
- 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...20 Jan, 2024, 02.12 PM IST
- NPS new rule: With systematic lump sum withdrawal, will returns from NPS be tax-free till age of 75?NPS systematic lump sum withdrawal: After the latest changes, NPS investors will now have the option to withdraw 60% of their retirement co...19 Dec, 2023, 11.29 AM IST
- LIC product launches: 5 new products launched by Life Insurance Corporation in 2023Insurance behemoth Life Insurance Corporation of India (LIC) has launched many attractive insurance products in the year 2023. Here is a li...14 Dec, 2023, 01.40 PM IST
- Free to raise commissions, insurers push annuity plansThe insurance regulator has granted insurers the flexibility to determine commissions across their product range, allowing them to offer hi...10 Oct, 2023, 12.22 AM IST
- 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 ...09 Jan, 2023, 11.45 AM IST
- 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...11 Feb, 2022, 03.23 PM IST
- Be kind to your 60-year-old self! Start planning for your retirement right nowThe HDFC Life Pension Guaranteed Plan is a single premium annuity product that provides a regular guaranteed income for life. This offering...16 Dec, 2021, 02.32 PM IST
- 5 voluntary retirement products that you can considerMutual funds also offer designated pension plans. One can choose to remain invested and receive a periodic payment in the form of dividend ...29 Jun, 2020, 06.30 AM IST
- 7 ways how life insurance policies are set to changeThe regulator has announced new rules for life insurance policies. Find out how this will affect buyers.03 Aug, 2019, 01.16 PM IST
- IRDAI may relax rules for pension plans & ulips, make surrenders easyNow, minimum sum assured on death can be seven times the annualised premium.16 Jul, 2019, 08.34 AM IST
- 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.15 Apr, 2019, 06.30 AM IST
- 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 ...21 Jan, 2019, 11.00 AM IST
- 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.19 Feb, 2018, 06.30 AM IST
- 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.06 Apr, 2016, 01.00 AM IST
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