Life Insurance

Endowment Plan is a combination of Insurance and Investment Options. It offers three benefits to the policyholder under a single plan – Savings, insurance and tax benefits. This policy, not only provides protection to the insured but also helps the policyholder save some money on regular basis. The endowment plan promises a risk free and guaranteed returns on specified date as long as the premiums are paid. It is one of the most disciplined method of saving money for all your future financial needs.

A Monthly Income Plan is nothing but a Debt Oriented Mutual Fund which pays the income in the form of simple dividends. These funds are heavily invested in debt instruments like - debentures, corporate bonds, government securities, etc. This plan is beneficial for investors who are looking for medium risk investments or steady income flow. Currently, as per one of the reports the returns received under this plan is around 11.7% over the past three years. 

The rising cost for education in India is troubling lot of Indian Parent. It is assured that the cost for education in India will triple in the next 15yrs. The biggest questions which every parent needs to answer is - Are we prepared for such high cost?