Invest now India

We have seen in the previous section about the advantages of term insurance plans. Now let us look at the 10 things to consider while taking term insurance in detail.   1. Term insurance sum assured: The policyholder should plan properly how much term insurance he should take. While planning, it is important to consider various factors like one's current standard of living, income of other family members, future goals, value of their assets, current debt amount etc. If you are confused in choosing the right term insurance coverage amount, you can contact qualified insurance agents and financial advisors. If you take term insurance for ₹2 crore, you will get about Rs. 1.33 lakh per month when you invest it in plans that give an annual return of about 8%. Thus, you should take a policy keeping in mind how much money you can withdraw from the coverage amount. There is a proverb that says, even if an elephant is alive, it is worth a thousand gold, and even if it dies, it is worth a tho...

   “They should create financial security so that their family members can carry the current standard of living. Only proper insurance plans can provide them with such financial security.” In our country, 1.8 crore Indians go abroad in search of job opportunities for their livelihood. Through them, our country gets a huge foreign exchange. From high positions in corporate companies to unorganized workers, many categories work abroad. Indians work in countries in all continents of the world except Antarctica. They are called Non-Resident Indians (NRIs). Financial security of the family..! The reason why they go abroad to work is to get higher salaries than in our country. There are many of them who live abroad due to work, separated from their families. Although a few of them get life insurance benefits in the countries where they work, the reality is that most of them do not get any benefits. Therefore, ensuring the financial security of their families is very important. If th...