The Saral Pension Plan is a specific type of annuity plan that offers individuals a guaranteed income for life. It operates on the basis of a one-time lump sum premium payment made by the policyholder. The annuity income, which is a fixed amount, is determined at the time of purchasing the plan. Upon purchasing the plan, the policyholder starts receiving the annuity income immediately. One notable feature of the Saral Pension Plan is that it provides a death benefit to the policyholder's loved ones in the event of the policyholder's demise. The death benefit includes a refund of the premium amount paid at the time of purchasing the plan (excluding taxes). This ensures that the policyholder's beneficiaries receive financial support even after their passing.
Additionally, the Saral Pension Plan often includes an option to extend the guaranteed income for life to the policyholder's spouse as well. The Saral Pension Plan offers several benefits to policyholders, including: Guaranteed Lifelong Income: The plan provides a guaranteed regular income for life in the form of annuities, ensuring a steady source of income even after retirement. Death Benefit: In the event of the annuitant's death, 100% of the purchase price is paid back to the nominee, providing financial security to the policyholder's loved ones. Single or Joint Life Options: The plan allows policyholders to choose between single life and joint life options. Under the single life option, the annuitant receives guaranteed income for life, and in the event of their demise, the premium amount is paid back to their loved ones. The joint life option provides guaranteed income for life to the annuitant and their spouse. After the demise of both, the premium amount is paid to the nominee. These benefits make the Saral Pension Plan an attractive option for individuals seeking a reliable and guaranteed income stream during retirement, along with added financial protection for their loved ones. What is the Difference between Term Insurance plans and Saral Pension Plan A term insurance plan is designed to provide pure life cover without any survival benefits, whereas a Saral Pension Plan offers the advantage of survival benefits in the form of single or joint-life annuity. Unlike term insurance, the Saral Pension Plan ensures that you receive regular income during your lifetime. Additionally, the Saral Pension Plan also offers the flexibility to avail a loan against the plan if needed, providing an additional financial option for policyholders. Why should you buy Saral Pension Yojana? Here are 3 reasons why you must buy Saral Pension Plan. Simplicity: The Saral Pension Yojana is designed to be easy to understand, making it straightforward for customers to comprehend the product and its benefits. This simplifies the decision-making process and ensures transparency. Uniformity: All life insurance companies offering the Saral Pension Yojana provide the same product. This standardized approach eliminates complexities and allows customers to compare offerings easily. Standardized Wordings: The Saral Pension Yojana utilizes standardized wordings across insurance providers. This means that the terms and conditions, as well as the policy features, will be consistent, making it simpler for customers to understand and evaluate the plan. By opting for the Saral Pension Yojana, you can enjoy a streamlined and consistent experience, enabling you to make an informed choice and secure your retirement with a simplified and standardized pension plan.
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Summers can be really hot in Chennai with temperatures reaching 40°C +. What makes it different from Delhi is that here you experience humidity due to coastal proximity. The good news is that there are many refreshing drinks to keep you cool and hydrated. Most of them are made from fresh fruits, lime, sugar, and other soothing elements to quench your thirst. They are energizing and calming along with a delicious taste. Delhi is known for Mohabbat Ka Sharbat, Lassi, Shikanji, and Banta to help survive the summer days. Now, read on to know what Chennai has in store when you deboard the Delhi to Chennai flight.
Tender Coconut Juice This needs no introduction and is one of nature’s most rejuvenating drinks. Coconut water is packed with vitamins, minerals, and electrolytes. It often acts like a nutrient-filled tonic since it has anti-inflammatory and detoxifying properties as well. Find them locally in carts on the streets and beaches. There are zero chemicals or preservatives which makes the all-natural coconut water safe for children too. Paneer Soda Don’t get confused! The name only means ‘rose water’ and not paneer. It is a highly aerated and sweet drink with a pleasant rose aroma. This soda can help in digestion and relieve you of acidity quickly. It is quite bubbly and is always served cold. Pick these from local stalls or Laxmi Cool Bar in Mylapore if you are a fan of carbonated drinks. Jigarthanda This is thick and filling since it is made from milk, ice cream, nuts, sarasaparilla, and loads of sugar. The ice cream is often hand-churned and mixed with condensed milk along with tree gum. The drink originated in Madurai. But today you can enjoy it chilled at Pothy’s in Chennai’s T Nagar or other roadside shops near wherever you have put up after deboarding the Delhi to Chennai flight. One sip instantly offers a cooling sensation down your throat. Buttermilk Get spices added and sip it cold! It can lower the body temperature to a great extent. Look for the ones that add mustard and curry leaves, chopped green chilies, and ginger. It is one of the healthiest drinks and is typically served in mud cups for the most authentic experience. The probiotic goodness of a single glass is unparalleled to keep the gut bacteria healthy. A man called Mr. Ramajayam sells his signature buttermilk along the beaches of Thiruvanmaiyur in the evening for 15 years. Lucky if you catch hold of him! Nannari Sherbet This is a syrup easily available in local markets. Made with coarsely ground Nannari roots, boiling water, sugar/jaggery, and a little bit of lime, nannari sherbet also has an equally flavoursome milk version. It has healing powers and is safe for consumption for all age groups. Drink it after breakfast to cool down the body heat significantly. Do not forget to try out the Goli Soda, Rose Milk, Panakam, and Ragi Ganji before heading to the airport for your Chennai to Delhi flight. Make sure to consider filter kaapi (coffee) which is not cold but a must-try if you visit South Indian cities. |
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August 2023
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