Today’s newspaper carried a nice attractive advertisement about Bajaj Allianz Life Guaranteed Pension Goal. The eye-catching word guaranteed pension goal is a trap to fool individuals to buy a product that gives a very low return. This policy is also a Non-Linked, Non- Participating, Deferred & Immediate Annuity plan which means there will not be […]
investment
Delays are costly in retirement planning
Whether or not you make other New Year resolutions, here is one you should make. Don’t postpone savings or investments. The new urban lifestyle has made people more prone to spending than to saving or investing. With India Inc prospering and young professionals getting handsome packages, people today are financially independent at a younger age. […]
Why should you have a Financial Plan?
Achievement of any goal needs a well thought out plan. Similarly, achievement of your financial goals needs a financial plan. Consider the following questions about your financial future: Do you know if your PF would be enough to give you a comfortable retirement? Do you know how much you need to invest in order to have […]
The Importance of Having a Financial Plan
In today’s uncertain economy, financial planning has become increasingly important. With an overwhelming number of options for saving and investing, managing your finances can be difficult. Creating a financial plan helps you see the big picture and set long and short-term life goals, a crucial step in mapping out your financial future. When you have […]
Did you buy HDFC Standard Life, Bajaj Allianz, Birla Sun Life, ICICI Prudential Life, or Reliance Life insurance policy?
Yesterday Finance Minister informed to Rajya Sabha about the number of complaints registered against insurer for unfair business practice during the period of 2012-13. Below is the list of top achievers 🙂 1) HDFC Standard Life-33,813 2) Bajaj Allianz-21,745 3) Birla Sun Life-21,651 4) ICICI Prudential Life-16,891 5) Reliance Life-16,401 Leading private life insurers HDFC Standard Life, Bajaj Allianz […]
Magic of LIC as tax-saving tool! Why should one invest in LIC than Fixed deposit?
There are dangers of comparing financial products because each product is designed for different purpose and needs. But comparisons are tools to help us arrive at decisions that account for our needs and suitability. We often hear how life insurance products give low returns compared to other products and it is partly true. However after […]