Life is full of uncertainties and even planning doesn’t work sometimes, for instance if you plan that tomorrow evening you want to go for dinner with your family, but due to some unforeseen reasons you are not able to act on the plan, that doesn’t mean your plan failed, it did because of unforeseen reason you had to hold back, which are #IfsOfLife, similarly we should plan for ourselves or our family’s future in advance when it comes to monetarily support after we are not there for them or we have reached our retirement and are no longer earning.
There are end no of possibilities to what can be done to achieve the goal of being financial stable after 20, 30, 40 or even more years considering the #IfsOfLife, however the basic perception when it comes to securing funds for future is by saving from earning or maybe investing in gold, however there are better and more rewarding option available which are systematic and more rewarding in the longer run, any guesses? Well I am talking about LIFE INSURANCE, yes! Life insurance are well structured and have a systematic approach to meet the goal of making your family’s life secure after you are not there for them or after your retirement days.
For instance let’s talk about a lifestyle necessity such as tooth brush, right now a tooth brush costs INR 25, there are 4 member in your family and it is required to be changed after 1 month, considering that INR 100 is the cost per month, and INR 1200 annually, but have you ever thought what would be the cost of this same tooth brush after 30, 40 or 50 years? Considering the Market fluctuations and the ever growing inflation at a steady increase of 8 to 10% yearly is observed. Considering the inflation rate the price of that tooth brush after 30 years would be, any guess? That same tooth Brush would cost you close to INR 21000. Little surprised to see these figures, aren’t you?
Concluding from above points, I am excited to tell you that I shall be talking about Bajaj Allianz Life Insurance new Online Term Plan, this Online Term Plan is going to be launched on the 23rd of December, It is going to be a game changer in the Insurance space in the coming day, these plans wont only cover life insurance but also against disability or dreaded diseases.
Please visit @BajajAllianzLIC for updates on their upcoming product which is due to launch on 23rd December 2016.
Stay tuned for more details on my blog, for any queries please message me on the comment section below for further discussion.