Every parent wants his/her children to get best of the education. With increasing inflation rate, almost everything including education has become costly. To meet their primary & higher education needs, it is a good idea to start saving now.
Smart performer is a non-participating unit linked insurance plan offered by SBI Life Insurance Company. It has a unique feature of ‘higher than the highest’ of the daily NAV guarantee and the prospect of market upside. This policy has an automatic rebalancing facility which protects an individual’s enhancing funds. It is basically aimed at giving an individual some guarantee in a unit linked plan so as to give peace of mind.
Aviva life saver advantage is unit linked insurance plan which provides life insurance and investment both. You can have a policy term of 15, 20, 25 or 30 years subjected to your age at the time of maturity doesn’t exceed 75 years .
When it comes to term plan or pure risk cover insurance plan, Kotak Mahindra life insurance has come up with unique plans named Kotak e-term and e-preferred term.
IDBI Federal Wealthsurance Milestone Investment Plan as the name suggest is the combination of wealth and insurance (Wealthsurance) in such a way so that you get maximum advantage and variety of options to choose.
Reliance life insurance has come up with this unique guaranteed money back plan which has many benefits and advantages over plans in its category. It is a traditional plan in which you pay premiums according to the sum assured and tenure you have chosen and as it is not a market linked policy you have a clear picture of your investment fund at the end of the term and thus you can plan your retirement fund or future financial planning in accuracy.
Kotak single invest advantage savings plan is a single premium unit linked insurance plan. It saves you from the hassles of paying every year.
Recently, Reliance launches Fixed Horizon Fund – XX – Series 14. It is a closed ended income scheme. It is best for investors who are
- Looking to invest for a fixed term
- Looking for tax efficient returns
- Seeking for regular returns
Reverse mortgage is a loan specially designed to financially support senior citizens. Reverse mortgage as the name suggests is just opposite of what mortgage is.
Education loan is an important financial tool for students who have best of the brains but no money. Gone are the days when brilliant students had to quit their studies because of shortage of funds.