A Life Insurance retirement plan is one type of financial strategy which combines benefits of the life insurance and retirement plans. It creates a contract between the individual and also the insurance company where the individual needs to pay regular premiums in exchange for a payout to beneficiaries upon their death.
Benefits: The policy holder gets proper return from the proper retirement policy planning and make necessary adjustment by the associates when needed. One of the main benefits of the retirement policy is to minimize tax liability of the policy holder which includes taxes on interest income, capital gains, rental income and others.