Listen to this article Protecting and saving for your tomorrow is one of those aspects that everyone focuses on while preparing a Financial Plan. We as Financial Planners often insist on custom–made Financial Plans as the best option instead of products that are readily available like retirement plans, children’s education plans, etc. Keeping this in […]
Insurance
Best Education And Marriage Plan for Your Children – Beyond Convention
Listen to this article The biggest financial worry for most parents is How to secure their children’s future! How to fund their higher education? How to fund their marriage? In southern states, the gold transacted during the marriage is in kilos, and in states like Punjab; a luxury car is part of the marriage gift! […]
Max Life Online Savings Plan Review: Should You Invest?
Listen to this article You need a personalized investment plan designed for you to grow your savings. At the same time, you also need to protect your family’s financial future, even in your absence. In order to meet the Key milestones of life, you need a proper investment plan & insurance plan covering both health […]
“Endowment Policy” – Should You Buy One?
Listen to this article Table Of Contents Endowment Policy & Pure Endowment Policy – What is it? Features of Endowment Policy Types of Endowment Policy Benefits of Endowment Policy Endowment Plan vs Term Plan Endowment Policy – Q & A Alternate Investment Options Negative Aspects of Endowment Life Insurance Conclusion Have you played the game […]
What is Term Insurance? How Does It Work?
Listen to this article I was addressing a webinar on Financial Planning. There were around 60 participants. So I asked a question to the audience. How many of you are insured? All of them raised their hands. My next question was – How many of you are adequately insured? Nobody knew whether they were adequately insured […]
Surrender Value & Paid-up Value in Life Insurance Policies
Listen to this article Akash paid 3-years premium toward his Endowment Policy. He then realized that his policy was not an ideal one in terms of investment and he intends to close the policy and withdraw the money paid to date. Akash had paid Rs. 10,000 for his policy over the past 3 years. When […]
