A pension/retirement insurance plan provides you a safety net for the future so that you can retire without worrying about financial stability. An optimum retirement plan also enables you to live according to your current lifestyle post retirement, without any compromises.
Sahara Life Insurance has configured a pension plan that helps you follow an investment strategy to accumulate wealth that will grow throughout your working years. This ensures that you will be able to retire rich. Pension plans offer you good savings, as your premiums are locked in financial instruments that provide you substantial returns.
A customer can choose to buy the Sahara Amar Jeevan plan to accumulate a good retirement corpus that will give him/her regular payouts post retirement.
Sahara Amar Jeevan Plan is a one-of-a-kind insurance solution that enables you to retire honorably and live in content for the rest of your life. You can save for your retirement in small amounts during the period you are employed. These little savings grow through the power of compounding to create a substantial retirement corpus that helps you maintain your current lifestyle even when you stop earning.
Benefits and Features of Sahara Amar Jeevan Plan
|Plan Name||Entry Age (yrs)||Minimum age for pension to start (yrs)||Sum assured|
|Sahara Amar Jeevan Plan||Minimum - 25 Maximum - 55||50||Minimum - Rs.50,000|
The pension plan from Sahara Life Insurance, in addition to the benefits detailed above, provides tax rebates on payouts received and premiums paid. These benefits are provided as per Section 10(10D) and Section 80C of the Income Tax Act. Since tax rules are subject to regular changes, it is optimum to consult a tax advisor to get an understanding of the latest tax benefits.
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