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When Birla Sunlife launched a product with name recurring savings plan, on the face of it looks like a different and new product. But when you check this out in detail you will find that it’s like any other Systematic Investment Plan. The main difference is that it is available with optional “Free Life insurance […]
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Rohit has been having this uneasy feeling that he is not properly insured. He already has an insurance of Rs.75 Lakhs and his company also offers another Rs.30 Lakhs. He had consulted his friend Parth, who informed him that he might be over insured considering that Rohit is a bachelor and has no dependants. Rohit’s […]
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Life insurance covers the risk of death; health insurance covers the risk of sickness; where as personal accident insurance covers the risk associated with accidents. If the life assured is seriously injured in an accident and disabled either temporarily or permanently, he/she will not able to work and earn. To minimise the financial hardship of […]
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A standard query in any question and answer section is always to do with the selection of stocks or mutual funds and whether they should hold on or let go. But I have not heard any query related to an insurance portfolio. Sometime people ask about one or two policies which they have already invested […]
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The moment someone wants to talk about life insurance to you, what comes to your mind? – Not again! I am already having many life insurance policies with me. How much more should I invest in Insurance. I need some other investment option. – I really don’t need insurance now, I can plan for it […]
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