RETIREMENT
Life insurance is an integral part of one’s life. It takes care of the financial needs of the insured’s dependents even after the insured’s demise. The financial safeguard guaranteed by a life insurance policy ensures a stress-free life and reduces the stress of the family’s future. Besides life cover, retirement planning also is one of the benefits that one can accrue from insurance products. However, when it comes to post-retirement, the common perception is that insurance is no longer needed as there are several other funds at one’s disposal such as a pension, annuity, etc. But these notions tend to be incorrect when the reality of life dawns upon you.
Let us a look at why life insurance is essential after retirement.
The Bottom Line
Old age is a period where life tends to slow down, but the whole world continues at the same pace, so it is essential that your old age does not make you irrelevant. Most of it can be paced up with a commensurate amount of funds. A life insurance for retirement will always be a handy financial instrument that can help you keep up with the world. Further, this policy premiums can be adjusted based on your needs. In cases, where there is already sufficient source of income either from funds or other investment products, the premium can be lowered. It is imperative that while buying a life insurance policy, one needs to look into the flexibility and ease of making changes to it. Browse the website to know more about Term Insurance and the various Term Plans offered by PNB MetLife.
Doesn’t the thought of retirement sound blissful? No work, no deadlines, and all your hours spent doing the things you love, like travel, painting, and even napping in the afternoon! If you want your retirement to be what you have always dreamed of, start retirement planning now and save a considerable retirement corpus in time. The online Retirement Calculator can help you plan your future financial goals and ensure you achieve them within the stipulated time.
Disclaimer:
The aforesaid article presents the view of an independent writer who is an expert on financial and insurance matters. PNB MetLife India Insurance Co. Ltd. doesn’t influence or support views of the writer of the article in any way. The article is informative in nature and PNB MetLife and/ or the writer of the article shall not be responsible for any direct/ indirect loss or liability or medical complications incurred by the reader for taking any decisions based on the contents and information given in article. Please consult your financial advisor/ insurance advisor/ health advisor before making any decision.
PNB MetLife India Insurance Company Limited, Registered office address: Unit No. 701, 702 & 703, 7th Floor, West Wing, Raheja Towers, 26/27 M G Road, Bangalore -560001, Karnataka.
IRDAI Registration Number 117. CI No: U66010KA2001PLC028883.
For more details on risk factors, terms and conditions, please read the respective sales brochure carefully before concluding any sale. Terms and Conditions Apply. Goods and service Tax (GST) shall be levied as per the prevailing tax laws which are subject to change from time.
The marks “PNB” and “MetLife” are registered trademarks of Punjab National Bank and Metropolitan Life Insurance Company, respectively. PNB MetLife India Insurance Company Limited is a licensed user of these marks.
Call us Toll-free at 1-800-425-6969.. Phone: 080-66006969, Website: www.pnbmetlife.com, Email: indiaservice@pnbmetlife.co.in or Write to us: 1st Floor, Techniplex -1, Techniplex Complex, Off Veer Savarkar Flyover, Goregaon (West), Mumbai – 400062, Maharashtra. Phone: +91-22-41790000, Fax: +91-22-41790203
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As your trusted life insurance partner, PNB MetLife is with you amidst the current COVID-19 outbreak. Our policies also cover COVID-19 Claims. In case of a Death Claim, kindly submit the signed Claim Intimation Letter mentioning the policy number, brief of the insured event and other claim documents on the email mentioned herewith. Please write-in to us at claimshelpdesk@pnbmetlife.com or indiaservice@pnbmetlife.co.in. You can also call us on 1800-425-6969 for death claims intimations and for any queries on Monday - Saturday between 10:00 am - 7:00 pm.
PNB MetLife Insurance, amongst the trusted Life Insurance companies in India, aims to provide a wide range of Life Insurance products that suits the needs of an individual at every stage of his life. Life Insurance Plans range from Term Life Insurance Plans, Term Plan, Protection Plans, Long Term Savings Plans , Retirement Plans & Child Education Plan.