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on July 24, 2017

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May the divine light of God Spread peace, prosperity , happiness and good health into your life....au fait Fincare wishing you HAPPY TEEJ to all Women...#HappyTeej !!!

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Most Affordable Insurance Plan - Term Plan

Most Affordable Insurance Plan - Term Plan A 30-year-old can buy a cover of Rs 1 crore for 30 years at a premium of just Rs. 11,000 - the cheapest available option. Rahul Shah, 30, an IT professional, has three dependants - his parents and his wife. Shah's annual salary of `8 lakh is good enough to support his family, but he is worried. Since he is the sole breadwinner, his dependants could be under tremendous financial stress in the event of his untimely death. Therefore, to mitigate the risk, Shah is considering buying a life insurance policy. However, given that there are over 20 life insurance companies offering a variety of products, Shah is trying to zero in on a policy that would suit his requirements best. Life insurance can be broadly classified into five types: whole life plans, term plans, endowment plans, moneyback plans and unit-linked insurance plans (Ulip). All products come with tax benefits of up to Rs 1.5 lakh, under Section 80C of the Income Tax...

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Happy Krishna Janamashtami !

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May the divine light of God Spread peace, prosperity , happiness and good health into your life....au fait Fincare wishing you HAPPY TEEJ to all Women...#HappyTeej !!!

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