International Research journal of Management Science and Technology

  ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST

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LIFE INSURANCE AS RETIREMENT PLANNING

    1 Author(s):  IQBAL SINGH

Vol -  1, Issue- 3 ,         Page(s) : 5 - 9  (2010 ) DOI : https://doi.org/10.32804/IRJMST

Abstract

Life Insurance is the key to good financial planning. On one hand, it safeguards your money and on the other, ensures its growth, thus providing you with complete financial well being. Life Insurance can be termed as an agreement between the policy owner and the insurer, where the insurer for a consideration agrees to pay a sum of money upon the occurrence of the insured individual s or individuals death or other event, such as terminal illness, critical illness or maturity of the policy. Life

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