Life Insurance
ULIP or Unit Linked Investment Plan is a financial instrument which is a combination of both insurance plan and investment option. It is a Life Insurance product, which provides risk cover and various investment options to invest in
Term insurance is a life insurance provided for a limited period. It is one of the most simplest and fundamental insurance products available in the market. There are different types of term insurance policies available. Several policies offer a premium duration for 10yrs, 20yrs or 30yrs.
Read MorePlanning for those days in your life where you have decide not to work anymore. A retirement planning ensures that you and your family members receive a regular income in the form of Pension amount post a retirement date. To live a better life during your retirement, it is not advisable to solely depend on the company pension plan or other returns. Instead, you should plan and invest in funds that give you higher returns and flexibility to choose the retirement date to help you fulfil your dreams.
Read MoreThis decade, various schemes have been introduced under post office savings scheme for the welfare of a particular group of people. These include: senior citizens, farmers, girl child and others. Therefore, there is a post office saving scheme for girl child under the name ‘Sukanya Samriddhi Yojana’. Let's look at the features and benefits offered under this plan.
Read MoreA Money Back Plan is a Simple Endowment Plan with a Liquidity Benefit. In Insurance
Pradhan Mantri Jeevan Jyoti Yojana (aka Pradhan Mantri Jeevan Jyoti Bima Yojana) is a life insurance plan backed by the government of India. Launched by Pradhan Mantri Narendra Modi in the year 2015, it is a pure term plan that has so far settled 60,422 claims securing more than 60,000 households.
Read MoreYes, there is a post office saving scheme for girl child, especially introduced for their welfare and education. The name of the scheme is Sukanya Samriddhi Yojana (SSY). The scheme that was launched in 2014 is a part of government’s ‘Beti Bachao Beti Padhao’ campaign.
Read MoreBelow are some of the pension withdrawal rules for voluntarily exiting the NPS:
Read MoreThe scheme Indira Gandhi National Disability Pension Scheme (IGNDPS) was launched in February 2009 with the aim of aiding those with severe or multiple disabilities. Let us see some of its features:
Read MoreUnit Linked Insurance Plan (ULIP) is a type of life insurance that gives the policyholder both the life cover and the investment option wherein the policyholder invests in qualified investments such as stocks, bonds or mutual funds. The returns that one receives on ULIP are primarily influenced by the stock market. Hence, one gets the opportunity of earning higher returns when the market is in positive condition.
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