Imagine you are 25 years old earning 6 lacs/year, with a family to support financially. A Term insurance policy with some cover (may be 25 lacs) will have premium of 5k per year (for 25 years old) as the premium for this policy. Almost 99% people need Term Insurance, But most of the people show […]

LIC has introduced another Product called “Jeevan Astha” … http://licindia.com/endowment_008_benefits.htm Let me take one by one each line and do some analysis and raise some questions. A)Death Benefit: On death during the first policy year: Basic Sum Assured with Guaranteed Addition. On death during the policy term after the first policy year, excluding last policy […]

We will today discuss some of the best practices and must do things while taking a Term plan. Click here to read what is Term Insurance and its Importance 1. Take a policy just before your Birthday. Term Insurance premium depends on your Age. So if possible try to avoid taking the policy just after […]

Today we are going to see why Endowment policy should be avoided in any portfolio and how other things are much better than Endowment policy with the same cost . The assumption is that you understand what are Endowment policies and What are Term Insurance Plans, if you don’t know click here to read about […]

Aegon Religare Life Insurance which is recently renamed as Aegon Life Insurance is a new Player in Indian Insurance Market. This company seems to have clear understanding about the Insurance Market and what India needs exactly, there main focus is on Term Insurance and that makes it respectable in my opinion, its not like other companies concentrating […]

There are lot of assumptions related to buying life insurance in India, because of underestimating the future non-life threats like job loss, accidents and also the life threats which will have a bad impact on your families future requirements in case of your untimely demise. Today i will discuss about the calculation of insurance Amount […]

When it comes to investment, everyone is conscious and curios to know about the best investment products. In this article I’m going to tell you about few of such products that I know and I thing they will be helpful for you. 1. Term Insurance Term plan is an affordable insurance which provides a full […]

One of my good friend had a small argument with me, that she would not invest in Term Insurance, because she will not get any “returns” out of it. I believe investing in a term plan looked a very unprofitable thing to her as she never gets back the money she paid as “premiums”, if […]

Life Insurance is nothing but the insurance covered for your Life. In case of death the sum assured is given to the nominees. Unfortunately in India, people see Life Insurance as Investment Product and not as an Insurance Product. They don’t understand that insurance gives financial security to their dependents in case of there death, […]

A lot of people avoid investing in shares because of the lack of knowledge about stock market investments. In this article, I’m going to tell you about the important terms and terminologies related to investment, finances, insurance, and tax. First of all let’s know the meaning of each term. Share or Stock: A Share is […]