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LIC’s New Money back policy 20 years – Review

LIC’s New Money back policy 20 years – Review

  LIC’s New Money back policy is a traditional plan that participates in profits of company. Policyholder will be entitled to receive simple reversionary bonuses declared as per the experience of the insurer, provided the policy is in full force. Lets look at a few key features and benefits of this policy. ● Policy duration […]

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ELSS or PPF – which one would you prefer?

ELSS or PPF – which one would you prefer?

Sikha Pradhan a manger with a BPO wants to invest some money to save tax.  She has been investing in PPF for last few years but wants higher returns as she is concerned about inflation.  She has heard that Equity Linked Saving Scheme or ELSS is an excellent product to save tax but not sure […]

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Finance options for buying a home

Finance options for buying a home

Owning a home is dream everyone cherishes. If you are in the market to buy a new house, you can be spoilt for choice. There are numerous offers and schemes being promoted by the developers to attract customers in the current lack lustre real estate market.  The cost of property in metros like Delhi, Mumbai […]

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HDFC Cick2invest – Is it really worth investing?

HDFC Cick2invest – Is it really worth investing?

Ulips are known for it’s high cost structure but fortunately not this time. After the bitter experience investors had with ULIPs,  Click2Invest gives a new ray of hope.HDFC Life launched another Unit Linked Insurance Plan Click2Invest,  a couple of months ago and now marketing it aggressively through TV commercials and Newspaper advertisements. To offer a […]

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Why should you buy a personal accident policy?

Why should you buy a personal accident policy?

Sachin broke his leg while playing football on Sunday with his buddies that left him temporarily disabled. He has bought adequate life insurance cover on his life and a health insurance plan for his whole family but ignored personal accident. You buy a life insurance to cover risk to your life and a health insurance […]

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