A majority of Indians still consider Fixed Deposits and Life Insurance as good investment products. Why is this the case? Investments in Fixed Deposits and Life Insurance amount to double or even treble of the amount invested by Indians in Mutual Funds. This is completely absurd. Does the average Indian not understand the concept of … Continue reading Fixed Deposits and Life Insurance
A Health Insurance Plan is a provision for Medical Expenses in case of Hospitalization. Health Insurance is a basic necessity in today’s times because of the escalating costs of hospitalization and medical treatment. Because of changing lifestyles and eating habits and inability to do some form of exercise for some reason or the other, the … Continue reading Health Insurance
The purpose of Life Insurance is to protect your family from loss of income due to untimely death of the main income earner. With this objective we advise ours clients to use Life Insurance as an instrument for protection of income and not as an investment tool. Traditionally, we have been using Life Insurance products … Continue reading Life Insurance
Indians have been using Life insurance as a means of savings since the last 62 years, ever since LIC was established as a sole provider of life insurance in 1956. The Life Insurance market was opened to private players in 1999 and several private participants including HDFC Standard Life and ICICI Prudential Life Insurance entered … Continue reading Types of Insurance Policies
Are mutual funds better than Insurance policies or should I continue to invest in insurance as it offer more safety of principal, is the question that bothers many investors. Many types of Insurance policies do assure you some safety of principal and assured returns, but their benefits pale when you look at the disadvantages of … Continue reading Are Mutual Funds better than Insurance Policies?
Are Mutual Funds better than ULIPs or should in continue to invest in ULIPs as suggested by my insurance agent, is the question which bothers many investors. Mutual Funds are definitely a better investment option as explained in this article. A ULIP (Unit Linked Insurance Plans) is an Insurance product which combines the benefits of … Continue reading Are Mutual Funds better than ULIPs ?
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