Why Life Insurance Is Essential? Know The Details
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- Опубликовано: 8 фев 2025
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insurance agents like here!!
Thanks sir
God bless you and your family
Thanks🌹
Thank you so much sir
sir endowment plan is best, because in this plan maturity benefit available, death benefits in case of death and also maturity benefits in survival
Life Insurance is not about how much amount a person will make profit in case of the policy maturity. It's about how much a person's beloved dependents and family will benefit in case of his or her unfortunate loss. So, my opinion will be not to compromise with the life coverage amount.
In endowment or money back plans, the companies take 8-10 times higher premium annually as compared to term plans, but the sum assured amount is same and they invest these big amounts in other financial instruments.
For e.g, if a person wants a strict life cover of 500000, at the age of 30 for 25 years, roughly he has to pay 15000 annually in case of Pure term plan. But in case of other money back plans, he as to pay around 140000 to 150000 annually, and the returns he will be getting at maturity is almost the same amount that he paid in premiums.
So, the person can better go for a term plan and invest the other big difference amount in other financial assets for much better returns like Mutual funds, SIP, Stocks, Govt bonds, Gold, etc and diversify his asset allocations.
Everyone person has its own requirements and thought process , this was my personal opinion 🙂
@@Eramitpatra yes you are right, but people are buying lic policies for maturity. People are require double benefit, for any unforseen death benefit and maturity in survival.
💯 right
Are you grate sir 🙏🙏🙏🙏🙏.riht sir
Nice sir ❤
Best awarness the life insurance
Sir nice information...
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Very very Very Very Very good job Sir
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Very good sir
Sir apanaka chenal ku mu anurodha karuchi j life insurance ku nei gote episode banantu
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I like u Lic
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Return of premium achi Aditya Birla Sun Life insurance contact with me
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