So you are ready to buy Term Plans but are now confused which one to buy? Don't worry - this is a good confusion to have. That is because it is better than many who just go and buy the wrong type of term plans simply because his/her friend also bought the same. Remember one thing - you and your closest friend may be very similar in your age, your lifestyle and even your thinking but it is very likely that your insurance needs are very different. So find out which is the term … [Read more...] about Term Plans – How to Choose the Right Type
Attention : Home Loaners! Read this article in case you don't have Home Loan Insurance, i.e. a life insurance that works to cover your home loan liability just in case you were to die. Imagine this situation - if you were to die, not only will your family stop getting the income you contribute but the home loan you have taken will put them back financially by lakhs of rupees in debt! There have been quite a few cases like this and in each one the family has had to go through a lot … [Read more...] about Home Loan Insurance – Why should you have it?
Good that you have decided to buy an online term insurance plan finally - it's a great decision. But don't make the mistake many buyers are making these days - i.e. just choosing the cheapest term insurance plan. Read how you should ideally go about doing this. Don't start thinking about a company, its product and some advertisement that you may have seen. For a moment keep all that aside and start thinking about your family and their needs. Start with listing down … [Read more...] about Online Term Insurance Plan in India – Compare and Buy
Retirement Planning is a necessary part of every person's financial plan. You get only one chance to do it and you cannot go wrong. But many of us do not understand this till it is too late. See how. You are say 35 years old. You've done well so far to reach where you are. You are settled career-wise and family-wise, both. You are earning well, saving well and even have a broad plan to cover future expenses such as children’s education and marriage. Overall, it looks like you are … [Read more...] about Retirement Planning – 7 likely reasons you have not done it
Term Insurance Plans are the most important and perhaps the only life insurance policy that you will need, but it is very likely that your agent has never even spoken to you about it. In case he/she has indeed recommended and made you buy term insurance plans, you are lucky because you have a really good agent - someone who understands and recommends the most important financial product you should buy. Why do Life Insurance agents in India not recommend term insurance plans?You must … [Read more...] about Term Insurance Plans – Why Most Agents Don’t Sell It