Dear Friends,
Some fact Which are necessary for every one.
I meet so many people in my life, when we used to discuss about insurance, i use to face more question, One question is i use to ask them also like how much insurance they had, they use to tell me "iam paying 30K per year or 24K per year" but this not the correct answer i am asking about the cover but they are telling about what they are paying, but really they don't know what they are getting, Now its time for you to think about this. This is not a difficulty time for common man to know about this. Let See hear how to calculate your insurance needs.
A person how is earning 25K per month. If the person is sending 20K per month to his/her family, then it means the family requires 20K per month to maintain the same life stile, No one know about the good & dab times, in case of unfortunate event of death to that person also the family should get 20K per month. Lets see how this can happen when the person is not there if that family get say 1core rupees to that family.
50lakh ---> Kept in Term Deposit ( which is giving say 8% returns yearly)
50lakh ---> gives returns of 350000 lakh per year ( 30% will go away as tax ) => 2.45 lakh per year which => 20416 per month
So This is the way to calculate your insurance needs, but think how many of agents are doing this to help you out in finding your insurance needs. They are looking for there commission, when you ask any Insurance agent they ask us to pay some X amount ( may be 25K or 35K for insurance cover of say 5 lakh), but we can give the plan which gives 50lakh insurance cover for 30 to 34K per year. on maturity you will get All money you payed as Guaranteed Maturity Benefit, and you can get extra returns depending on Stock market.
We can give you better plan available in the market, we will think from our customer side not for agent side .
For more details please call us @ +91-9741598945.
Some more Options in our plan about Insurance:
Insurance Plan will you Accidental cover also for you.
Investment option with 3 funds.
1% as fund maintains charges ( very less compared to other Plans)
Unit linked Options is available
Always i am there to help you,
Keep in touch.
With Regards,
VenkataRamana.D
Phone No: +91-9741598945
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