Hi Manish,
Thank you for this great website. I recently came across the ICICI Pru non unit linked retirement income solution product at one of their branches. They claim guaranteed payment of double the annual payments for the first 10 years from the 20 year mark till end of life of policyholder which then passes to the life of spouse and eventually ends with a lumpsum payment to an offspring. They also claim a 10x life insurance on this product as well. Is this a good plan? Are there others that are similar? Is building and actively managing a good SIP platform a better alternative or is it good to have both?
Thank you so much,
Shyam