About available Insurance Plan.


Of the several policies, the one mentioned below is unique in several aspects and is available till March 2017.

This is one of the beneficial Plans -- Money Back Accelerated Income Assured Plan.   It is a Guaranteed Solution.

Illustration --

The illustration for an investment duration of 10 years and Money Back commencing from 11th year for another 10 years Total 20 Years Plan. Premium is Rs.3 lakhs per annum for 10 years only.

From 11th year onwards every year Money Back is assured and at the end of 15th year besides the above Money Back an Additional Amount of Rs.15,78,000/= is given.

• For an investment of Annual Premium of Rs.3 Lakhs.                   
• At the end 20th year Rs.25,52,200/= is eligible to be given.
• Thus from 11th year to the end of the 20th year the sum Total Amount is Rs.53.00 Lakhs.
• Besides Rs.30 Lakhs Life coverage is available
• And benefits of Tax exemptions U/s 80(c) and 1010(D)

Pl See below an Illustration for an Annual Premium of Rs.1.50 Lakhs.

                                                                   About Insurance

Basically our traditional savings is in the following pattern -

• Land & Real Estate
• Term Deposits Etc. through various avenues
• Gold etc., investments
• Investments in Equities, MFs etc.,
• Insurance Schemes.

Besides several other factors,  risks which we generally face include critical illness / death.

These result in the downfall in Lifestyle & Status of families where the family comprises of children who are in the midst of their studies.Insurance is necessary to make the lifestyle continue without compromising with the Educational Prospects and other imperatives like marriages in the family etc., in case breadwinner's absence fall upon the family.  Insurance makes the money to work even in his unfortunate absence.

It is generally advised to have one insured with a life coverage @ 10 times the Annual Income.

This ensures that the status-holder's Income Stream is maintained continuously even in an unfortunate event.  Human Life Value is very important.  Various policies offer several benefits focussing on Tax Benefits, Risk Coverage, Savings for Children Education / Marriages, Pension needs, Assets Creation etc.

Introduction to Insurance

Dear friend,

If you are in search of ideas for insurance and investment, I can assure to be of great help.

Let me say, your search ends here.

A brief introduction:

Insurance is necessary because it is difficult to manage the impact of risk by dividing amount the many.   Risk Prevention, Reduction and Control - Means taking steps to lower the chances of occurrence of the loss and/or to reduce the severity of its impact if such loss should occur.

Insurance refers to Protection against an event that might happen.  Better it is always for us to seek protection against an event that will happen. 

That is why it is advisable to take Insurance policies commensurate with our needs. 

One is advised to insure one's life depending on his level of Income family income and level of income loss perception in certain situations.
Similarly one can experience other avenues of Investments also.