Serving 50,000+ members
Create New Account Login
 

ComparePolicy.com introduces Investment Plans

Investment plans form a substantial part of the financial planning of an individual as it offers growth of the policyholder's money along with providing financial protection in case of an untimely and unfortunate demise of the policy holder.

Market Press Release – February 15, 2017 5:47 am
Contact Information
ComparePolicy
4/21 Wave Silver Tower, Sector-18
Noida
Uttar Pardesh - 201301
India
9818072345
help@comparepolicy.com
 
ComparePolicy.com introduces investment plans to its portfolio of existing insurance products.Investment life insurance plans are basically another nomenclature used for the unit linked insurance plans (Ulips) in the insurance parlance. Investment plans offer a dual benefit of providing growth to the policyholder’s invested money and offering a life insurance coverage, which acts as a protection against financial calamities.

There are also unit linked plans which are specifically designed for a specific goal or multiple goals in life like retirement and the child’s future, providing policy holder an aim or goal for the investment.

Unit linked plans offer death and maturity benefit, whichever occurs first. Unit linked insurance plans allow the policyholder to take the investment steering in his hands and invest as per his risk appetite. The policy holder can decide in which type of fund the money or the premium amount should be invested. The funds of different insurance company’s may have different names, but ideally they are segregated into 3 categories which are equities, debts or balanced fund with a combination of both equity and debt.

Based on the net asset value (NAV) which is the per unit cost, the units are allocated to the policyholder’s account as per the fund chosen Different funds have different NAV’s and which vary on a daily basis based on the market and economic conditions.

Unit linked investment plans offer benefits of partial withdrawal, loyalty additions, switching and redirection of premium and complete transparent charge structure for the policyholder unlike traditional insurance plans.

Comparepolicy.com offers a variety of investment products which are comparable on the basis of the customer’s requirement like investment amount, policy term, etc. The insurance experts at www.comparepolicy.com may hand hold the customer to understand the intricacies of the investment plan helping the customer to buy the best plan for himself based on his requirements.

Comparepolicy.com offers investment plans from HDFC Life insurance company, which includes HDFC Life Progrowth Plus, HDFC Life Click2Invest, HDFC Life Click2Retire and HDFC Life Youngstar Super Premium. The company also offers investment plans from Aegon Life Insurance Co. which includes AegonLife iMaximize and AegonLife iInvest. Other products offered are FutureGain Easy Invest Online and Future Gain from Bajaj Allianz Life Insurance Co. Aviva iGrowth from Aviva Life Insurance Company is also part of the investment portfolio.

The company offers a versatile range of investment plans which are easy to compare in terms of the premium cost, charges, past performance of the funds, key features and other benefits.

Along with providing an accelerated growth to the investments of the policyholder ,the investment plans also offer tax benefits under Section 80 C and 10 ( 10 D) of the Income Tax Act, 1961.
For more information, visit: https://www.comparepolicy.com

Related Tags: compare, insurance, policy, investment, plans, ulips, term, life, health, policies, child, retirement, pension, unit linked insurance, car

Disclaimer

If you have any questions regarding information in this press release, please contact the person listed in the Contact / Company information box of this page. Please do not attempt to contact Market Press Release. We will be unable to assist you with any information regarding this release. Market Press Release disclaims any content contained in this press release.
Related Press Releases In This Category
  Willis Programs' offers unique insurance program for collection agent risks
  First Newnan Insurance Group Offers New Small Business Insurance Options
  Willis Programs' offers car dealership insurance program
  Importance of Auto Insurance United States
  Drive With Peace Of Mind - Auto Insurance In Brownsville, TX