Financial Strength After Your Retirement

1
Financial Strength After Your Retirement
2

• The evolution process
  of humans tends to start from the early years
  through the prism of childhood up till the last
  Lear of human life. The whole cycle of growth
  goes through many stages wherein every stage has
  its own importance. Being dependent on others for
  everyday work is what is looked upon while in
  early days of childhood. Old age also brings a
  stage where the wheel of time turns to bringing
  the dependency back in ones life. A person
  spends literally all his life to have financial
  stability and satisfy interpersonal goals.

3

• Professionally and in personal life people toil
  hard to strive the best and be ahead of others.
  For people who have lived life independently and
  have been financially secure, its quite hard to
  depend on others for any financial issues. Mostly
  the trend of dependency is being seen to be on
  the rise after retirement. People after retiring
  mostly dont have source of income and thus
  become financially dependent on others for
  sustaining.
• While still working people usually tend to
  overlook the reality of old age financial crisis.
  People believe that its still afar and something
  would be looked into for the same. We need to
  look around us and see how life turns up to be
  for people who do not have a source of income
  after retirement. We need to learn from their
  experiences and be prepared for the later stage
  of life. We may be young but, would we be
  forever? Being financially independent in present
  times its important the concept of investing is
  well understood. Insurance is the best source of
  investment which can be considered much
  futuristic.

4

• Providing various benefits
  for the same, Pension plans are drafted to the
  best of the financially dependent people after
  retirement. Paying a monthly, bi annually,
  annually premium every year, an investment is
  secured for the future. The premiums are fixed
  de-pending upon age, financial background, and
  years to service and so on. A person is availed
  the benefits of the policy after Retirement
  Pension Plan subject to regular payment of
  premium. An option of withdrawing lump sum amount
  for any emergency is also available under such
  policies depending upon the terms of the policy.

5

• Various insurance providers sketch a plan
  keeping in mind the need of the insured.
• In worst case scenario, if the insured dies
  during the span of the policy, the benefits of
  pension plan goes to the beneficiary. In any
  case, Insurance plan works as a savior to any
  financial aspect which may include you or the
  family.
• Comparing policies and then opting for one is a
  wise mans way. To compare the policies of
  leading insurance brands in just 7 blinks of your
  eye, one should visit PolicyX web portal. The
  website has been nominated as one of the best
  insurance comparing sites in India. This indeed
  provides a platform to trust the authenticity of
  the results.

6
Follow us on
https//www.facebook.com/bajajallianzlifeinsurance
ltd
https//www.linkedin.com/company/bajaj-allianz-lif
e-insurance-co-ltd-
http//plus.google.com/bajajallianz/posts
https//twitter.com/bajajallianzLIC
https//www.youtube.com/user/jiyobefikar
https//instagram.com/bajajallianzlifeinsurance
7
Click to know more on Retirement Pension Plan
https//www.bajajallianz.com/Corp/retirement-plans
/retirement-plans.jsp
Thank You