Short, Crisp, Lucid – that’s our blog!
There was a time when investing in FDs was considered the mature option for Indians. Twenty years ago, FDs were considered a disciplined investment whereas gold was not. Similarly, FDs were a goal-oriented investment whereas property was not.
“You are a burden on your kids!”
Every smart Indian realizes the crucial role a term plan plays in their financial portfolio. There is no product quite like it in the market. For a sum as low as Rs 450 a month, you can be covered for Rs 1 crore for a term of 30 years.
To protect your phone from bumps and damages, you use a screen-guard. But when it rains, the screen-guard alone cannot help you protect your phone. You need a plastic baggie to keep the phone dry and safe from water. In the same way, a health insurance plan is the screen-guard and the additional plastic baggie used when it rains is the health insurance top-up plan.