India, Feb. 20 -- A guaranteed income plan is an investment that will give you a predictable and steady income for a fixed period. All the policyholder has to do is make sure that the premiums get paid on time. People can choose the amount of time they want to receive the income and they can align their plan according to their financial needs and goals. Such investment plans provide financial security and life cover, along with delivering enhanced protection with riders.

However, it is important to pick the right kind of income plan for your retirement. So let us discover all the things you need to consider for making a sound choice.

Here are all the things you must consider to get the best plan possible to have a really secure and care...