The correct answer is: D. Life Insurers
Life insurers are the primary providers of personal pension products. They offer a variety of products, including annuities, defined contribution plans, and defined benefit plans.
Employers may also offer pension plans to their employees, but these plans are typically funded by the employer and not by the employee.
The Insurance Regulatory and Development Authority of India (IRDA) is the government body that regulates the insurance industry in India. However, IRDA does not market personal pension products.
General insurers are not typically involved in the marketing of personal pension products. They focus on providing insurance products such as life insurance, health insurance, and property insurance.
Here is a brief explanation of each option:
- A. Employers
Employers may offer pension plans to their employees, but these plans are typically funded by the employer and not by the employee.
- B. IRDA
The Insurance Regulatory and Development Authority of India (IRDA) is the government body that regulates the insurance industry in India. However, IRDA does not market personal pension products.
- C. General Insurers
General insurers are not typically involved in the marketing of personal pension products. They focus on providing insurance products such as life insurance, health insurance, and property insurance.
- D. Life Insurers
Life insurers are the primary providers of personal pension products. They offer a variety of products, including annuities, defined contribution plans, and defined benefit plans.