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Investment Plan
Buy all kind of Insurance Plans at a Single PlatformEnsuring your Investment Turns Profitable for You
About Investment Plan?
They are plans which help in matching the financial goals and objectives with one's financial resources. It is a core component of a financial plan and one cannot have one without the other.
There are two types of Investment Plan. These types are:-
●Unit Linked Insurance Plan:- This type of plan gives return based on overall market involvement.
●Traditional Endowment Plans:- These plans give a lump sum or annuity payout when the life insurance coverage funding policy matures.
Why do You Need an Investment Plan?
Investment plans help in multiplying one's funds and help in accumulating a lump sum while also providing a security cover. They also help in times when someone is in need of money as one can take some amount of money from this kind of plan at any time. They help in cutting down the taxes one is paying.
Benefits of Investment Plans
Benefits
How to select the best Investment Plan?
Before choosing one's investment plan, one should find out how much one is willing to lose, is he/she the one who gets befuddled with smattering of the stocks performance, how it would affect him/her if the returns are not what they expected and are they willing to wait long enough to see his funds perform better.
In the initial period, one needs to start investing a small amount of money and depending on the monthly return should decide how much more money he/she should invest.
Investing in an investment plan is a risky process, unlike other plans where the amount at the time of maturity will be fixed and there is no guarantee of what the return would be in two different months of an investment plan.
