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16/02/2022

Save Invest Protect Is Term Insurance Good?

Yes, absolutely. Term insurance plans are good and worth every penny you spend. Whether you are the sole provider in the family or have an earning spouse, having the protection of term life insurance makes complete sense. Imagine your family having to live on half of what you earn or worse without any regular monthly income. Life can take an unexpected turn any moment and your family’s quality of life can suffer without the protection of term life insurance. Decrease in the level of income can negatively impact their lifestyle and completely derail the life goals you have set for them.
Term Life Insurance – Features & Benefits.....
1. Cost effective
2. Flexible benefit pay-out options
3. Ability to increase coverage at major life stages
4. Tax benefits
5. Enhanced protection

Finally, to answer that question again, ‘Is term insurance good?’ Yes. It’s not only good but is indispensable for your family’s financial security and your peace of mind.


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10/02/2022

Types of investment options in India:

1. Unit-Linked Insurance Plan
A Unit Linked Insurance Plan (ULIP) provides the benefits of investment and life insurance cover under a single roof. By employing a ULIP Policy, a policyholder can financially secure his family as well as ensure his involvement in the equity markets. Additionally, these dual benefits helps the investor to realize his life goals and generate wealth in the long run.

2. Savings Plans
Money-Back Plans or Savings Plans are preferred by those investors who are looking to gain guaranteed returns on their investment. When you purchase a savings plan, you are eligible to receive a guaranteed amount when your policy matures. In simple terms, the benefits are paid at the time of maturity and the sum assured is given along with bonuses to the policyholders as per the terms of the product.

3. Retirement Pension Plans
To financially secure your lives during the retirement stage, the insurance companies have introduced ULIP Pension Plans. An investment in these retirement investment plans not only helps you gain returns but also guarantees long-term benefits depending on the type of product chosen.

To sum up, the above investment options in India offers its policyholder with multiple benefits. To land with the most suitable and affordable investment plan, consider the needs of your entire family and assess your budget. Be smart with your investment decisions as it will help you generate a huge corpus to fulfil the life goals of your family with ease.

10/02/2022

Investment Tips For The New Financial Year.....

We are just two months into the new financial year, and the time is still right to get your investment planning in place for the year ahead if not yet done. Taking stock of your past investments and reviewing your investment portfolio now will help you proactively decide on the action plan for the new fiscal.

Here's a checklist to help you plan for the current financial year:

Identify your Life Goals
Review your investment portfolio
The Tax Angle
Review your insurance requirements
...............................................................( source :Bajaj Allianz Life )

10/02/2022

Term Insurance Benefits For Single Women

Life insurance plans from Bajaj Allianz Life - get all types of life insurance plans - ULIP Plans, Term Insurance Plans, Pension Plans etc., at affordable premiums to get your Life Goals Done.

10/02/2022

Save Invest Protect Do you need Life Insurance if you are Single?

Even if you are single now, the benefits of life insurance are many and varied, and you can always enjoy the advantage that a life cover offers. Do keep in mind that if you buy a life cover when you are single, you need to account for all your future goals too. And that may include having your own family later in life. So, if that is one of your goals, make sure that your life insurance policy is enough to cover those financial needs too. (source : Bajaj Allianz Life)

If you are single, life insurance may seem like an unnecessary purchase at this stage of life. In this article, know do single people need life insurance.

08/02/2022

Save Invest Protect Benefits of life insurance plans.....

Helps in meeting life goals
Helps in generating wealth
Tax benefits

08/02/2022

Save Invest Protect Types Of Life Insurance Policies In India ?

A life insurance plan or policy allows a policyholder to enter into a formal contract with a life insurance company where the insurer agrees to pay a mutually agreed sum to the beneficiary in the event of the life assured's death or upon maturity of the plan. ( By : Bajaj Allianz Life )

Know the different types of life insurance policies available in India and learn how to select the right type of life insurance plan with Bajaj Allianz Life Insurance.

07/02/2022

Save Invest Protect What Is Life Insurance Policy?

Insurance pe*******on and insurance density, which reflects the development of the insurance sector in a country, is still very low in India. In FY 2018-19, India had an insurance pe*******on rate of 3.7% compared to the global average of 6%, and insurance density of just $74 compared to the global average of $682[1]. ( By : Bajaj Allianz Life )

Source: [1]https://www.livemint.com/money/personal-finance/insurance-pe*******on-in-india-at-3-69-one-of-the-lowest-across-the-world-1550491451271.html

What is life insurance? Know how life insurance policy work and the benefits of it. Use the life insurance premium calculator to know the correct premium and get all your questions answered.

07/02/2022

Life’s goals are important, setting up a goal and achieving it with your own financial planner.

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