Is it possible to take a pension plan for my mother aged 47? If yes ,which plan you preffer?

Question

Is it possible to take a pension plan for my mother aged 47? If yes ,which plan you preffer?

Answer 1

Yes it is possible - but the remittance to the premiums may be very high considerning her age.

You have to take the following into consideration when opting for a pension plans:

1. At what you want to start getting pensions.

2. The amount you want to receive- also take inflation into consideration.

3. Your premium paying capacity

4. Premium paying term etc..

Answer 2

Yes .... possible.

For Indians ....!!

LICI is currently marketing "Market Plus" ... enquire with local agents. It has some good features.

( I am not an agent )

Answer 3

yes she can. retirement age generally starts from 45 to 70. So she can definately go for it :)

Answer 4

Yes  she can .log onto http://www.wealthywaytowinlife.blogspot....  to get more details about the insurance plans.

http://www.way2victory.com

Answer 5

I suggest LIC's Market plus which is going to close by 31st march without risk cover.

Or you can take other pension plans like Jeevan Nidhi, Jeevan dhara etc., also

good luck

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