Life Insurance myths busted
Insurance is for saving tax.
Tax savings is not the main objective of a Life Insurance policy. It is only one of the the additional benefits available under a policy. A few Life Insurance policies help you build a corpus for your future while securing your life.
Insurance will benefit only after my death.
A Life Insurance policy protects you and your family, giving your loved ones financial security if you’re not around. Some policies also allow you to enjoy a comfortable retired life.
Life Insurance? No, thank you. I’m single and have no children.
Getting a Life Insurance policy is a good idea even if you’re single. The younger you are when you take a policy, the lower your insurance premium will be.
Plan your finances today. You don’t need huge corpus to start your investmens. You can start your retirement planning by just investing Rs.3000-5000 per month. Make the most use of the offers listed in our previous post. No service charges till Jan 15, 2016.
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Regards
Raj
.