Listly by Supriya Joshi
ULIPs (Unit Linked Insurance Plans) from Aegon Life provide dual benefit of life cover and market linked investment. Get more information here.
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Aegon Life's Financial Planning basics help you save a little money on your income and offers great financial planning tips. Click here to know more!
Get latest information about mutual fund net asset value rates online. You can also check your fund's performance for a specific time period by selecting your desired time range. Click here to know more!
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Insurance is more important than it seems. Even well-renowned people think so! Read the post for some must-read quotes on insurance.
Here are the following 4 reasons that show why ULIPs are the best choice
Insurance is a cover providing protection against a possible eventuality. It is a risk transfer mechanism that involves full or partial compensation for all damages done beyond the power of the insurer.
A life insurance policy is essentially an insurance plan that provides your family a lump sum amount either at the time of death or after a predefined time.
India has been enjoying a unique demographical advantage over the past few years – the advantage of a younger population. Two-thirds of India’s population is roughly around the 30-35 age gap. And as per a recent study done by the World Economic Forum, India will have one of the largest retiree population by 2050. But it predicts that our savings, the government sponsored pension scheme and the mandatory employer pension plans will be insufficient to cover our retirement costs by then. A major chunk of our population is employed in the informal sector with no access to retirement plans and minimal savings for the future. Investments do seem to be on the rise but so do the risks involved with it. Add inflation to this unstable mix, and you have a disaster that doesn’t spell well for a comfortable retirement.
Get a pictorial representation of the steps for buying a life insurance online. Click here to know more