financial planning

6 Facts Proving Financial Planning Is Not Just for Rich People

Many people are under the misconception that they need to accumulate a certain amount of wealth before they can start thinking about investing their money. But, this is far from the truth.

why life insurance

When Should You Have Life Insurance?

Life insurance policy is something that is incredibly vital for every human being existing – be it at birth or when they are well into their life. There are several sources where

fixed deposits

What is Fixed Deposit? A Guide for Fixed Deposit Schemes

It is a financial instrument offered by banks or NBFCs which provide investors a high rate of interest than a regular savings account till a given or decided maturity date. You may

planning for life insurance

Who’s Planning to Buy Life Insurance? Best Things to Know While Buying any Policy

A life insurance is a policy that is provided by insurance providers like Bajaj Allianz or Life Insurance Corporation of India. This policy will provide its holder with a lump sum at

Category Archives: Life Insurance

6 Facts Proving Financial Planning Is Not Just for Rich People

financial planning

Many people are under the misconception that they need to accumulate a certain amount of wealth before they can start thinking about investing their money. But, this is far from the truth. There’s no minimum amount you need in the bank before you can begin the process of planning your finances and it is not dependent on the numbers.

When Should You Have Life Insurance?

why life insurance

Life insurance policy is something that is incredibly vital for every human being existing – be it at birth or when they are well into their life. There are several sources where people still question the need for an insurance policy but do not follow the herd blindly; you should by all means talk to a financial planner or invest some time in financial planning for yourself and your family.

Who’s Planning to Buy Life Insurance? Best Things to Know While Buying any Policy

planning for life insurance

A life insurance is a policy that is provided by insurance providers like Bajaj Allianz or Life Insurance Corporation of India. This policy will provide its holder with a lump sum at the end of a policy term in exchange for premiums that are paid monthly, quarterly, half yearly or even yearly. In the event of your death, especially if you are the only earning member of your family, you would like to ensure that your family is financially taken care of.

Lifetime Coverage for Your Family with Best Life Insurance Plans

family life insurance

Is Life Insurance meant only for the elite? Do Life Insurance Policies intimidate you? Isn’t Life Insurance Premium expensive? Life Insurance as a concept is surrounded by stereotypes, myths, and speculation. It is one of the most important financial decisions of an individual’s life. They are easy to understand and even easier to purchase.

Best Things to Avoid Life Insurance Low Risk Coverage

Let’s start with this great investment idea where you have to invest Rs. 25,000 monthly for the next 20 years and from the 21st year onwards, you’ll get Rs. 64,000 per month for the coming 16 years. Apart from this, your income will be increasing at a rate of 6-7% annually and you will also get a tax exemption in this investment under section 80C. Not only this, your income after the 20th year is also going to be tax free and you’ll get an insurance cover of approximately Rs. 80 lakhs.

 

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