Here are some aspects you should look at before deciding whether you should go for regular premium policy.
Regular premiums are suitable for those with a regular income and who cannot afford to block a big sum at one go. Such individuals would have the capacity to pay premiums regularly for many years ahead.
Single premium plans carry larger premium sizes than a regular premium for the same plan. In a regular premium case, the amount of each premium is much smaller thus offering the ease of payment by not being heavy on the pocket.
Single premium plans are eligible for deduction under Section 80C and Section 10(10D) that makes maturity amount tax-free. However the deduction under Section 80C can be availed only once. On the other hand, you can avail tax benefit in a regular premium plan under section 80 C throughout the premium paying term. See Latest Income Tax Deductions and Exemptions
A critical aspect of a retirement plan is how and where to invest. The assets you choose to invest will vary depending on several factors, which include your risk tolerance and investment time horizon.
According to a study by the Insured Retirement Institute, only a few women consider becoming financial planners because they deem the job stressful and uninteresting. The time has come to stop relying on someone else for financial security. Financial planning is nothing but determining short and long-term financial goals, and creating a balance to meet these goals.
Swabhimaan Careers is one of HDFC Life’s strategic initiatives to build long-term customer relationships. The overall objective of insurance is to compensate the financial loss caused due to untimely death of a bread winner.
The Vision and the Mission continue to be relevant and set out aspirations for an organization. But the question that an organization needs to ask is how do they get there? Is it possible to define a 'decision architecture' that guides actions of each employee?
For millions of people in India, the concept of life insurance still remains a mystery. Thanks to the new media channels, more and more people are becoming aware of the significance of life insurance. For those, who wish to develop fundamental understanding of the concept of life insurance, here is a quick snapshot.
Consumer is king. With the shifting of focus on the goods and services reaching out to the consumer rather than the other way round, Mobile learning embodies just that, by taking training not just to the doorstep but also to the learner in person. Just as an individual is empowered to carry his office with him at all times, M Learning empowers him to carry his training program with him, shattering the barriers of space and time.
Reinsurance is an insurance that is purchased by an Insurance company from one or more other insurance companies to manage the risk. Reinsurance helps in transfer of risk from one insurance company to another. It is also called “insurance for insurers” or “stop-loss insurance”.Read More