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Thursday, February 25, 2016

Online Insurance Buying Tips - All you need to know about Savings and Investment Plans

I want a good life for my family a bigger house a nice car and enough funds for the expenses that will come up nd I'm sure even you have some goals for your family so why not plan now and ensure that you do not miss your goals ever that trick here is to save regularly and Start early .Let the power of compounding work to our advantage let me explain this to you let us assume for now that your age is thirty years if you start investing five thousand rupees a month for twenty years you will get over 36 lakh rupees when you're fifty but if you star ten years later at the age of forty and you invest five thousand rupees a month you will get a little more than 10 lakh rupees when you are 50 that's almost one-third the amount now if you've decided to start saving where do you save while there are many options with you an insurance plan can give you some unmatched advantages let us look at this example let us assume that in 10 years you will need ten lakh rupees for your child's marriage and if you choose to invest regularly through an insurance plan with the cover of 10 lakh rupees your child's marriage costs are secured guaranteed the day you take the plan so even if you were to invest a very little amount your family does not have to compromise in anyway if something were to happen to you but with any other saving or investment plan your family would have got only the amount invested by you some insurance plans can also give you the flexibility to manage your investment risks and rewards by allowing you to choose how your money is invested through the life of your policy now if you add the tax benefits on the investment and maturity your investment returns actually get up huge booster so if you're looking at a secure sure path to your family's future why not choose a good one with maximum benefits choose an insurance plan from HDFC life smart bano, sar utha ke jiyo

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