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Life Insurance

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Protection for your Life

Investment Plans Made Easy.

Life insurance is a contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured. The insurance company promises a death benefit in consideration of the payment of premium by the insured.

Why you should buy Investments Plans

Investment Plans are the financial instruments one creates to secure the future financially and build a substantial amount to cater to unforeseen circumstances. Thus, Life Insurance products are often used as investment plans, because they not only secure life, but also help to create wealth for future.
  • Benefits of Investment Plans
    • Protection to loved ones.
    • Goal based planning.
    • Build fund reservoir.
    • Tax Benefit under section 80C and 10(10D).
    • Options to obtain a loan in lieu of the same as a guarantee against non-payment.
  • Investment PLans Key Advantage & Features
    • Systematic Investment: SIP (Systematic Investment Plans), where you can invest in Mutual Fund Schemes at regular intervals to benefit in compounded returns, are one of the major advantageous feature of investment plans.
    • Small Investment: Investment Plans help you achieve bigger financial goals even with a smallest sum invested at periodic intervals. They come very light on pocket. For example a Mutual Fund investment of Rs. 500 at regular intervals of week, fortnight, month or quarter is an affordable way to save and garner good returns.
    • Disciplined Investment: If you are asked to invest or save on your own, you might fail to do so at regular intervals. Investment Plans bring in the desired discipline to invest with dedication and focus. Inculcating a habit of investing with a small, yet, regular sum is practically much easier than investing lump sum amount every year.
    • Easy Investment: These plans can be bought offline or online (without much paper work) and they are implemented within two days. Thus, making them the most effective tool to invest and save money. Online portals a paperless transaction and hassle free procedures.
    • Secure Investment: You can opt to link your investment portfolio to your bank account, to enable uninterrupted automatic investments. Usually, salaried employees choose to map their SIP accounts to their salary accounts so that the process continues to be regular and linear. This is safe and secure and the best way to ensure a regular investment. You just need to be a KYC (Know Your Customer) compliant to start investing.
    • Compounding Investment: The biggest force that drives investments ahead is the power of compounding. Investments might be smaller, but investors can benefit much bigger with the power of compounding. If you start investing early, you gain big. Also, the returns from one investment can become an investment to another bigger plan. For example An amount of Rs. 2000/- invested every month for 5 years with an assumption of 10% CAGR will generate Rs. 1,54,874/- , which can be further invested to get further returns.
    • Calculated Investment: You can always calculate your returns beforehand through Investment Return Calculator (a regular feature with such plans); to know the aggregated amount you will receive at the maturity. With these calculated and certain returns, you are certain about achieving your life goals.
    • Rupee Cost Averaging In SIPs: Usually, the investments are prone to market risks. Ups and downs of market affect the returns. But, Rupee cost averaging in SIPs is an automatic market timing mechanism, which saves a lot of trouble .Since the investments in SIP are made at regular intervals, more units are bought when the market is declining and hence, when the markets head upwards, the value of your investments is not affected and keeps growing in sync.
  • Types of Investment Plans
    • Traditional Plans
    • United Linked Policies(ULIPs)
    • Life Insurance Policy
    • Endowment Plans
    • Equities
    • Mutual Funds
    • Bonds
    • Bank Deposits