FACTS EVERONE SHOULD KNOW ABOUT LIFE INSURANCE
Hello Friends,
My this blog is related to tell you about the facts that everyone should know about Life Insurance.
"Life Insurance is a value which will ensure you that your family will be secure even now and after you. It is like a security camera which will keep an eye on your family even now and when you will not with them in future. It is like a safety measure for them. "
Let's learn about the important facts for Insurance:
- Best Investment Tool: Life Insurance is a best investment tool which will help you and give you benefit of Investment with Insurance cover. You can invest some amount for making some plan for future like Invest for the Higher Education of your children, Invest for marriage of your children.
- Best Tax Planning Tool: It is a best Income Tax Planning Tool. The premium (up to Rs. 150000) you have paid is eligible for deduction under Section 80 C of Income Tax Act, 1961 and will be deducted from Gross Income of an Individual. Also, under Section 10(10 D) of Income Tax Act, 1961, amount of sum insured paid on maturity or death or surrender of policy is completely tax-free.
- Best Security Tool: It is a best security tool which will secure your life as well as your family also.
- Best Financial Tool: It is a best financial tool which will help you to pay as per your convenience like you can pay premium monthly, quarterly and yearly as per your choice.
- Best Variable Tool: It is the best variable tool through which you can invest in various Life Insurance plans like:
- Term Insurance
- Whole life insurance plans
- Endowment Assurance Plans
- Money-Back Plans
- Child Plans
- Pension Plans
- Unit Linked Insurance Plan
- Best Additional Benefits Tool: It is a tool which also offers other benefits like :
- Additional Accidental Riders Benefit,
- Critical Illness Benefit,
- Accidental Disability rider,
- Waiver of Premium rider,
- Option to increase Death benefit etc.
I hope this is helpful to you.
Thanks and Regards
Kulvinder Kaur
B.Com(H), MBA (Finance)
9871580806, 8826566751
rightsteptoinvest@gmail.com
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