Old age insurance provides financial protection to the insured in retirement

Old age insurance is an insurance product that provides financial protection to the insured in retirement. This insurance can help the insured meet his living needs in retirement, such as living expenses, health costs and children’s education costs. There are various types of old age insurance available, including: 1. Pension insurance. providing compensation to the insured periodically during retirement, starting from a predetermined retirement age. 2. Old age savings insurance. provide compensation to the insured as a lump sum during retirement, or can be taken periodically. 3. Unit link insurance. combines elements of life insurance and investment. This insurance benefit will be given to the insured in retirement, or can be taken periodically. Old age insurance can provide various benefits for the insured, including: 1. Maintain financial stability. Old age insurance can help the insured maintain financial stability in retirement. 2. Fulfilling life’s needs. Old age insurance c