Robinhood Insurance Broker Private Limited

What are the types of retirement plans?

There are two variants in pension plans:

  • Traditional plans- Under the traditional plan the payout amount is guaranteed. As per irda guidelines pension plans are mandated to provide a non-zero positive return of premiums. Most traditional plans offer a minimum of 1% of total premium over the complete policy term.
  • ULIPs- Under a ulip the premiums are invested in financial instruments where the returns are high when invested for a long period. It is advisable that if your investment tenure is 10 years or more then ULIP pension plans are the best bet.

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Tab 2

2 burgers per month

burger₹ 700
Your yearly cost on fast food = roughly ₹ 8,400
price
Cost of Health Insurance for whole family with ₹ 5 lakhs cover!

Tab 3

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Get ₹. 50 Lakhs
on retirment by saving
₹. 3,900/ Month.

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