Endowment Policy

A very high premium means that you will end up sacrificing today’s liquidity for tomorrow’s needs

Endowment/money-back policies: Inadequate insurance, low returns

Many buy these plans in a hurry and for the sole purpose of saving on taxes

How your returns can get hit if insurers overspend

High expenditure depress the insurer’s profits and, in turn, shrink the pool available for distribution for policyholders

Which type of life insurance policy should you buy?

If insuring your family is your aim, it is better to opt for a pure online term policy which charges a lower premium. Other plans which have an investment component may be expensive

What type of insurance should you buy

When we build financial plans for our clients, the first thing we take care of is insurance- both life and general.

Existing insurance policies doesn't suit now? Here's help

The key objective of any life insurance is to protect future income of the family, in case of untimely death of the bread winner says Pankaj Mathpal of Optima Money Manager.

The Term Plan: Features and riders

When we build financial plans for our clients, the first thing we take care of is insurance – both life and general.