Financial planners and advisors feel women, both working and homemakers, should keep themselves prepared to deal with financial uncertainties given the social structures.
A woman's financial plan must be aimed at creating long-term financial stability. Their emotional needs must be factored into the financial plan.
As time passes, term plans have started losing their simplicity. Now it comes in various versions where by insured may ask for a lump sum benefit or a distributed benefit for his nominees.
Three questions can help you in arriving at the right decision when it comes to your housing need.
Pure term insurance plan pays if the life assured dies in the term of the policy and nothing else. TROP offers to pay all premiums if the life assured survives.
Traditional insurance policies offer lower coverage as compared to term insurance for the same amount of premium. At the same time traditional insurance policies offer lower rate of returns as compared to other options.
Term insurance enables you to secure your family‘s future. It pays when you are not around and your loved ones can enjoy the same lifestyle they enjoyed when you were around.
Term insurance is the purest and cheapest form of life insurance. However, not many buy it, all thanks to these myths.
Life insurance pays if the life assured dies before the maturity of the plan. However, the survivors may not handle such lump sum receipts. It is better to arrange for a monthly income in addition to the lump sum payable to the nominees.
Additional dependents, an increase in liabilities, a change in career and earning capacity and changes in the family conditions are some instances when you should re-assess your term plan needs.
Personal accident insurance offers coverage from death, disability arising out of accident. At a very low premium it offers wide cover.
As one advances in his life, the insurance needs do change. Hence the need must be reviewed and accordingly one should buy life insurance.
New year brings in new hope and many come out with various new year resolutions. Here are some 'different' resolutions that you may want to go for.
Term insurance is the simplest form of life insurance. In this type of a plan the policyholder pays premiums and in return the life insurance company pays a pre-defined amount of money to the nominee in case of the demise of the policyholder during the tenure of the policy.
The income earned in a year, is taxable in the following year. For tax purposes, the year in which income is earned is known as previous year and the following year in which it is assessed and considered taxable, is known as assessment year.
Term insurance is gaining huge popularity in last few years. Since companies have dropped the premium rates, they advertise these policies in big way. Also, companies have started online option to get the term policies which proves to be very convenient while buyers can compare and choose their own term plan.
Harsh Roongta, Founder and CEO, Apnapaisa.com discussed about what is a money back insurance plan and how does it work.
Ramalingam K of Holistic Investment Planners discusses the pangs of return of premium in term insurance plans. He also suggests the profitable alternate ways.
HDFC Life, India‘s leading long-term private life insurance solutions provider, has received the prestigious â€˜Top 100 CISO Awards‘ 2013 for incorporating and implementing innovative information security solutions to assist customers to confidently and securely transact with HDFC Life at various touch points.
Nitin Vyakaranam of arthayantra.com discusses on how insurance and investment goals should not be mixed. He stresses on the importance of term insurance plans which will ensure financial stability and risk-proof times.
HDFC Life launches HDFC Life ClassicAssure Plus, a protection cum investment plan with limited premium payment term
HDFC Life, India's leading long-term insurance solutions provider has announced the launch of Swabhimaan Careers â€“ an initiative to build long-term relationship with customers by offering employment opportunity to the deceased policyholder's family.
The cost of smoking in reality is much more than what you shell out of your pocket for a pack of cigarettes! It adds to your life in other forms, i.e. by way of medical expenses and even your insurance premiums!
Term Insurance is specifically bought to cover the concern of 'What If?' and all the financial trauma arising out of that risk.
When we build financial plans for our clients, the first thing we take care of is insurance – both life and general.