1 / 6

Saving Plans

Online Health insurance plans by Bajaj Allianz include individual health insurance, family floater health insurance; add on health cover, senior citizens and women specific critical health insurance policies

Gaurav06
Télécharger la présentation

Saving Plans

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Insurance – An Investment Tool

  2. Majority of people know that covering risk is important financial planning, especially for a person with family. • But, budgeting investments to fulfil your dreams of meeting your different financial needs is really difficult. • Today, several financial instruments are available to meet your financial needs. Age, risk taking ability and income available for saving affects the speed at which person can meet his or her goals. • People should understand that discipline is very much essential while making investments.

  3. Generally, people are disciplined in offering for their monthly instalments to take care of their different liabilities due to sense of responsibility. • However, people generally skip that discipline when it comes to basic investment. Customers manage this discipline by opting for insurance products paired with investment plans. • Probability of losing the insurance premiums paid toward policies indirectly motivates one to follow a disciplined approach while investing. • This route is slightly expensive as compared to online term insurance plans and separately investing the surplus but the long term benefit, especially on account of regular investment yields better results. • Risk coverage and regular investment are the main advantages of saving plans as an investment tool. These products are made in such a way that policyholders can get lump sum money at regular intervals after a threshold time span.

  4. These payments can be structured to match with insured’s financial goals. These investments can give a regular flow of income during post-retirement phase or helps you to meet your child’s requirements in case of unexpected incidents. • Under term plans, the beneficiary receives the entire sum assured in case the insured person dies during the policy period. It provides a flexibility of long and short term. • In fact, policy is considered to be more liquid on account of partial withdrawals. Life insurance is of longer duration and gives risk coverage too. It is a preferred source of money for long term needs than other bank savings. • [Source: http://blog.policyboss.com/insurance-broker/insurance-investment-tool/]

  5. Follow us on: https://plus.google.com/+bajajallianz/posts https://twitter.com/BajajAllianz https://www.facebook.com/BajajAllianz/info?tab=page_info

  6. Thank You

More Related