There used to be a time, not too long ago, when most parents in India thought of their children as their retirement insurance, or budhape ki lathi (as they say in Hindi). No need to be worried about how to meet regular expenses once the individual becomes old and doesn’t bring home that monthly salary any more. After all, the grown-up kids would love to serve their parents with all the love and care, wouldn’t they?

With Smart Insurance Plan III, a ULIP product, Bajaj Allianz targeting people who have long-term investment needs combined with moderate insurance requirements.

Bajaj Allianz iGain III Insurance Plan is an online ULIP that promises high returns.

There are times when we can take risks—usually when we are young. And there are times when we need to play it safe—as we get older. So why not do the same when we are investing money!

The Wealth Insurance Plan from Bajaj Allianz, a joint venture between Bajaj Group and German insurance giant Allianz, is a single-premium ULIP

ICICI Pru Life Stage Wealth II Insurance Plan is a unit linked insurance plan that lets you choose from a bouquet of investment options depending on your appetite for risk. And, of course, offers multiple choices to decide how a policyholder’s savings would be invested based on his risk appetite.

Bajaj Allianz Shield Insurance Plan is a single premium fixed term ULIP that gives you investment benefits along with a guaranteed return on maturity (in case of Shield Plus III Fund).

A risk plus investment ULIP from LIC India

Launched on 25th February, 2011 by Life Insurance Corporation, Samridhi Plus is a unit-linked insurance policy which offers protection against mortality risk (death) as well as an investment option.

Life Insurance Corporation’s ‘Pension Plus’ plan offers a stable monthly source of income post-retirement.