Life Insurance

This 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 More

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 More

Yes, 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 More
Ans

The 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 More

Unit 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.

Read More

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.

Read More

Planning 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 More

A Money Back Plan is a Simple Endowment Plan with a Liquidity Benefit. In Insurance terms it is called as an Anticipated Endowment Plan. Under this plan, there is a specific amount/ percentage of the sum assured is paid at regular intervals which is called as Survival Benefit. In case, the insured dies during the Policy Term, then a Death Benefit will be payable to the nominee and the policy would be terminated.

Read More

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. 

Read More
  • 1
  • 2
  • >
  • >>

THANK YOU!