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Article / Finance / Insurance | Post Comments |
Insurance Protection Plus Goal Achievement? Yes, You Can! Here's How |
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By : Sanya Uppal , Delhi, India 1.3.2018 Phone:- Mail Now | |
To maintain the security of your family at all times, it
is essential to invest in an insurance cover. An insurance policy is a contract
between the insurance company and the insurer to provide an assured sum in case
of the death of the insurer. It provides financial security to your family in
your absence. Also, there are insurance plans which help you grow your wealth as
well. ULIPs: This plan will help you achieve your financial goals at every stage in life. You can enjoy a life insurance cover and achieve your long-term financial goals. It is an investment plan that offers good returns. On the survival of the assured, total fund value will be payable. You can also gain the benefit of loyalty additions from the end of the sixth year of the policy till the date of maturity if all the premiums are paid in due time. If you want to generate wealth while remaining covered under a policy, you can choose from one of the options mentioned above. Based on your current health and financial condition, you can make the most of the available policies that deliver in the long term. Every policy carries unique features and has benefits for your health and wellbeing. It will provide financial safety to your family in your absence and will keep you covered at all times. The wealth plan is a systematic transfer plan that aims at wealth creation and will deliver high returns in the long run. It is a highly preferred plan due to the benefits associated with it. It is essential to remain invested for the long term and to pay the premiums on time. You can achieve all your financial goals while remaining covered for many years. Consider your health and the requirements of your family before choosing a plan. You need to ensure that the sum assured will be enough for your family to survive after you are gone. Consider all the factors like lifestyle, the standard of living and inflation before you choose a policy. |