7 min
How Can Annuity Plan Support You during Retirement Years? Finance Central
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- Investissement
Hello and welcome everyone to our show “Finance Central” where we talk about everything from finance to insurance products which are best suited for you based on the modern market trends.
I am sure most of you must have heard about an annuity plan, also referred to as a pension plan. An annuity plan can be purchased at any time in your life. Some people purchase it early, while others choose to buy it when they are close to the age of retirement. The timing of the purchase of an annuity plan completely depends on your personal financial goals and situation.
In today’s episode, we will try to dive deep into the subject of annuity plans - what they are, how they work, and how they can be helpful for you during your retirement years.
SHOW NOTES:
Source: https://www.indiabudget.gov.in/budget2019-20/economicsurvey/
Product Link: https://www.tataaia.com/life-insurance-plans/retirement-and-pension-solutions/smart-annuity-plan.html
DISCLAIMERS:
● Insurance cover is available under the product.
● The products are underwritten by Tata AIA Life Insurance Company Ltd.
● The plans are not a guaranteed issuance plan and it will be subject to Company’s underwriting and acceptance.
● For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.
● This podcast is for information and illustrative purposes only and does not purport to any financial or investment services and do not offer or form part of any offer or recommendation. The information is not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action.
● Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company.
● Every effort is made to ensure that all information contained in this podcast is accurate at the date of publication, however, the Tata AIA Life shall not have any liability for any damages of any kind (including but not limited to errors and omissions) whatsoever relating to this material.
● * Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfilment of conditions stipulated therein. Income Tax laws are subject to change from time to time. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implications mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefits available to you.
● @All Premiums, Charges, and interest payable under the policy are exclusive of applicable taxes, duties, surcharge, cesses or levies which will be entirely borne/ paid by the Policyholder, in addition to the payment of such Premium, charges or interest. Tata AIA Life shall have the right to claim, deduct, adjust and recover the amount of any applicable tax or imposition, levied by any statutory or administrative body, from the benefits payable under the Policy
● 1Guaranteed Returns/Payouts depend on Plan Option, Policy Term, Premium Payment Term and Age at entry
Hello and welcome everyone to our show “Finance Central” where we talk about everything from finance to insurance products which are best suited for you based on the modern market trends.
I am sure most of you must have heard about an annuity plan, also referred to as a pension plan. An annuity plan can be purchased at any time in your life. Some people purchase it early, while others choose to buy it when they are close to the age of retirement. The timing of the purchase of an annuity plan completely depends on your personal financial goals and situation.
In today’s episode, we will try to dive deep into the subject of annuity plans - what they are, how they work, and how they can be helpful for you during your retirement years.
SHOW NOTES:
Source: https://www.indiabudget.gov.in/budget2019-20/economicsurvey/
Product Link: https://www.tataaia.com/life-insurance-plans/retirement-and-pension-solutions/smart-annuity-plan.html
DISCLAIMERS:
● Insurance cover is available under the product.
● The products are underwritten by Tata AIA Life Insurance Company Ltd.
● The plans are not a guaranteed issuance plan and it will be subject to Company’s underwriting and acceptance.
● For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.
● This podcast is for information and illustrative purposes only and does not purport to any financial or investment services and do not offer or form part of any offer or recommendation. The information is not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action.
● Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company.
● Every effort is made to ensure that all information contained in this podcast is accurate at the date of publication, however, the Tata AIA Life shall not have any liability for any damages of any kind (including but not limited to errors and omissions) whatsoever relating to this material.
● * Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfilment of conditions stipulated therein. Income Tax laws are subject to change from time to time. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implications mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefits available to you.
● @All Premiums, Charges, and interest payable under the policy are exclusive of applicable taxes, duties, surcharge, cesses or levies which will be entirely borne/ paid by the Policyholder, in addition to the payment of such Premium, charges or interest. Tata AIA Life shall have the right to claim, deduct, adjust and recover the amount of any applicable tax or imposition, levied by any statutory or administrative body, from the benefits payable under the Policy
● 1Guaranteed Returns/Payouts depend on Plan Option, Policy Term, Premium Payment Term and Age at entry
7 min