Birla Sun Life Company offers three types of pension plan to its customers. The plans help the individuals to provide for their retirement and also come with added features. Let us take a look at the different types of plans offered by the company in details.
Birla Sun Life Company offers three types of pension plan to its customers. The plans help the individuals to provide for their retirement and also come with added features. Let us take a look at the different types of plans offered by the company in details.
An annuity plan should be taken as early as possible. The person should not wait for his retirement to start and then be left without any financial backing. To prevent this, an annuity plan should be taken well in advance so that by the time the retirement takes place and the regular salary stops, the annuity will kick in and provide the policyholder with a substitute salary to pay for his expenses. Since an annuity plan helps you build up your own retirement fund, it would be helpful to you build the fund over a number of years. This will ensure that your yearly premiums won’t be too high and you won’t be stressed financially. You also have the option of paying a single premium. So if at any time, you receive a lump sum amount of money, you can invest it in your annuity plan immediately.
The company offers specific plans which are available online only. The customer only needs to log into the companys website, choose the required plan, choose the coverage and provide the details. The premium will be determined using the filled details. The customer then needs to pay the premium online through credit card, debit card or net banking facilities and the policy will be issued. Plans which are not available online can be purchased from agents, brokers, banks, etc. where the intermediaries help with the application process.
The company offers specific plans which are available online only. The customer only needs to log into the companys website, choose the required plan, choose the coverage and provide the details. The premium will be determined using the filled details. The customer then needs to pay the premium online through credit card, debit card or net banking facilities and the policy will be issued. Plans which are not available online can be purchased from agents, brokers, banks, etc. where the intermediaries help with the application process.
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