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6 common myths about child insurance plans
Child insurance plans are life insurance plans which are designed for creating a secured financial corpus for your child. The plan has an inbuilt premium waiver benefit wherein the future premiums stop if the parent dies during the policy tenure. Thus, the plan creates a secured corpus with or without the parent’s contribution and is…
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5 best ULIP plan to invest in 2018
Unit linked insurance plans are dual benefit insurance plans. They not only provide the quintessential life insurance coverage, but also market linked returns on your invested premiums. ULIPs are, therefore, investment avenues which provide inflation adjusted returns and grows your money with the growing economy. Nowadays, the unit linked plans which are available offer more…
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Here are LIC’s 5 best plans for women in 2018
Women have, time and again, proven to be equal to their male counterparts. Today, more and more women have joined the work force and have become independent. Even in case of life insurance, women are realising the importance of having a cover on their lives. Whether it is purely for protection needs or investment needs,…
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Loan Against Life Insurance Policy – Want a Loan in Your Life Insurance Policy? Keep These Things in Mind
Life insurance policies are multi-faceted. They not only cover you against premature death, savings-oriented plans create wealth too. There are other benefit features in your life insurance plan too which give you liquidity. Unit-linked plans provide you with the facility of partial withdrawals so that you can access your money whenever you want. Traditional plans,…
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Unit linked pension plans- All you need to know
Unit linked insurance plans became a rage among investors when they were launched. With various investor-friendly changes in the plan, ULIPs are now more in demand. Such is the popularity of ULIPs that even pension plans are offered in the unit linked version. However, many of you are unaware of the various aspects of unit…
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Avoid 10 common health insurance distresses
Health insurance, though has become popular among many, is often bought without careful consideration. Whether it is lack of time, lack of understanding or simple ignorance, people invest in a health insurance plan hurriedly. They don’t do much research before buying. Are you one among them? A health insurance plan should be bought only after…
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Different types of ULIPs
Unit Linked Insurance Plans (ULIPs) became a rage in the insurance market when they were launched some 15 or more years ago. Even today, ULIPs find favour among many individuals because of the inherent benefits they provide. You can enjoy insurance coverage as well as market-linked returns from a unit linked plan. Moreover, there are…
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Can you afford not to have term insurance plan?
‘Term insurance plans are not very beneficial because they don’t have a maturity benefit’. ‘I don’t need a term insurance plan because I already have planned for my family’s finances in my absence’. ‘Term plans are a waste of money because they don’t yield any returns’. These are some common sentiments that most of you…
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Why are child insurance plans ideal for your child?
A child is a joy for its parents. You, as a parent, try to ensure that your child receives the best nutrition, healthcare and education. You even create a financial plan for your child’s future so that your child can choose whatever education he/she likes without having to worry about necessary funds. What if your…
