Plans allow systematic enhancement of wealth with insurance
Investment Plans Are The Financial Security That Lasts for a Lifetime!
To put in simple words, Investment Plans are the financial instruments one creates to secure the future financially and build a substantial amount to cater to unforeseen circumstances. Thus, Life Insurance products are often used as investment plans, because they not only secure life, but also help to create wealth for future. There are other forms of investment plans which are discussed in a separate section on this website.
No matter what the event or phase, Investment Plans work for you at all times! Be it funding your child’s education, commemorating a special occasion like marriage, battling an unexpected injury, or gaining access to a steady flow of income at retirement!
Well-structured investment plans assist you in accumulating wealth and creating a corpus, so that you are always ready to meet life’s key milestones and daunting challenges, without having to give up on your financial stability!
All Indian citizens, salaried, non-salaried, self-employed, any other professionals, and state/ central government employees above the age of 18 years are eligible to invest in saving plans offered by various financial institutions and insurance companies.
The documents that you must be able to produce if asked, while buying an investment plan:
Crossed Cheque For First Premium Against Investment
Investment Plans are a boon for those who believe in systematic savings and want a corpus of funds to be available at the time of need. The whole magic lies in the returns over the term of investments.
Here are the features of investment plans that bring the utmost advantages to the investors:
SIP (Systematic Investment Plans), where you can invest in Mutual Fund Schemes at regular intervals to benefit in compounded returns, are one of the major advantageous feature of investment plans.
Investment Plans help you achieve bigger financial goals even with a smallest sum invested at periodic intervals. They come very light on pocket. For example a Mutual Fund investment of Rs. 500 at regular intervals of week, fortnight, month or quarter is an affordable way to save and garner good returns.
If you are asked to invest or save on your own, you might fail to do so at regular intervals. Investment Plans bring in the desired discipline to invest with dedication and focus. Inculcating a habit of investing with a small, yet, regular sum is practically much easier than investing lump sum amount every year.
These plans can be bought offline or online (without much paper work) and they are implemented within two days. Thus, making them the most effective tool to invest and save money. Online portals facilitate a paperless transaction and hassle free procedures.
You can opt to link your investment portfolio to your bank account, to enable uninterrupted automatic investments. Usually, salaried employees choose to map their SIP accounts to their salary accounts so that the process continues to be regular and linear. This is safe and secure and the best way to ensure a regular investment. You just need to be a KYC (Know Your Customer) compliant to start investing.
The biggest force that drives investments ahead is the power of compounding. Investments might be smaller, but investors can benefit much bigger with the power of compounding. If you start investing early, you gain big. Also, the returns from one investment can become an investment to another bigger plan. For example An amount of Rs. 2000/- invested every month for 5 years with an assumption of 10% CAGR will generate Rs. 1,54,874/- , which can be further invested to get further returns.
You can always calculate your returns beforehand through Investment Return Calculator (a regular feature with such plans); to know the aggregated amount you will receive at the maturity. With these calculated and certain returns, you are certain about achieving your life goals.
Rupee Cost Averaging In SIPs
Usually, the investments are prone to market risks. Ups and downs of market affect the returns. But, Rupee cost averaging in SIPs is an automatic market timing mechanism, which saves a lot of trouble. Since the investments in SIP are made at regular intervals, more units are bought when the market is declining and hence, when the markets head upwards, the value of your investments is not affected and keeps growing in sync.
With this key information in hand, you are ready to invest in a sound investment plan. Do it NOW!
Investment Plans Transform Your Dreams into Reality...
Whether you just got a new job or have taken the first step towards parenthood, it is important that you’re all prepped up to meet the upcoming responsibilities and challenges! In these situations, it is only a good investment plan that can serve as your best friend!
Apart from elevating income, a well thought investment plan helps to follow a systematic and disciplined approach towards savings, thereby building a corpus of funds and lifetime of financial security.
The foremost benefit of Investment Plans is, they ensure that you lead a healthy and fulfilling life which you had precisely thought for yourself and your family!
Here are some of the visible benefits of Investment Plans:
Generate Income and/or Capital Gains
The biggest advantage lies in the multiple avenues they offer for earning some extra income in the form of bonuses (guaranteed & non-guaranteed), dividends, interests, and much more. Then there is also the option to earn capital gains from sale of equities, debts, mutual funds, and even real estate.
Accumulate Future Wealth
The road to wealth creation cannot be traversed without a sound and solid investment plan. Opting for a Life Insurance policy enables one to build a corpus of money, which gets accumulated through the returns earned by investing in equity/debt funds over a long term horizon.
Avail Tax Benefits
These plans bring with them an array of tax benefits. While the premiums paid towards life insurance policies are covered under Section 80C of Income Tax Act, the maturity/death proceeds are also tax-free under Section 10(D).
Guard Against Risks
Life is unpredictable and no one knows when one might need to encounter contingencies head on! For all those emergency situations, an investment plan works as a safety net in financial terms, and allows one to guard himself and his family from life’s unexpected turns.
Investment plans provide the funds for turning your dreams into a beautiful reality!
However, before taking the plunge, it is always advisable to compare investment plans with easypolicy.com, as it would enable one to reap the true benefits of this golden opportunity.
Investment Plans are important because the journey of wealth creation & financial stability starts with an Investment Plan!
No matter what chapter of life you are living, you would always want to be ready to make the most of the opportunity! This is where a sound Investment Plan can be of great help! It supports you throughout your life and makes you financially stable to achieve your dreams as well as meet life’s challenges head on!
Here are just some of the reasons laying down the importance of investment planning:
You never know when storm clouds may gather over the horizon! For all those crisis situations, when one may become a victim of an unexpected injury, illness, or even loss of life, it is an Investment plan which ensures the financial protection of one’s family.
There is no arguing that inflation is one facet which is truly inescapable! From wary parents of growing children to elderly citizens approaching retirement, inflation seems to mess up their household budgets and eat up their savings. An Investment Plan serves as the perfect rescuer, by enabling individuals to create a corpus, which would come handy for beating the rising costs of education and lifestyle at large.
An Investment plan brings you one step closer to the dreams you have for yourself or your family! By inspiring you to follow a disciplined or systematic approach towards savings, these plans aid in accumulating a lump sum amount, so that it can be utilized to make your dreams come to fruition.
One of the greatest fears of any individual is being bereft of comforts at the time of retirement. By buying an investment plan at an early stage, you can ensure a lifelong paycheck, which will come in handy to lead the retirement life you had always envisioned for yourself! Of course, is also generates a sense of freedom and accomplishment!
Above all, buying an investment plan renders a peace of mind; so that you can celebrate life’s each chapter with great joy & confidence!
To ensure that you have full command of your financial future, compare all the investments plans at easypolicy.com now, and buy the best suited to your needs.
Investment plans aid in meeting the long term financial goals of an individual. Investment insurance plans can be broadly classified into the following:
Helps meet your life protection requirements and keeps your money invested in low risk return options. At maturity, the policy holder receives guaranteed proceeds along with accrued bonuses, if any.
Unit Linked Policies (ULIPs)
Help you to invest in a variety of funds, including equity, debt, & hybrid, according to your risk appetite and financial goals. While the risk is borne by the policy holder, these policies do offer the opportunity of enjoying great returns and amassing a hefty amount of money at the time of maturity.
Further, based on their risk-return strategy, investment plans can be financial or Non-Financial in nature.
Life Insurance Policies
Life insurance policies offer the dual benefit of life protection and investment for fund building. Depending upon the risk taking ability and financial commitments, one can opt for a traditional insurance plan which offers stability & guaranteed returns, or a unit linked policy, which provides high returns coupled with an elevated level of risk.
These are typical and traditional insurance products which come with life cover but with very low profits. These are for the individuals who are looking for guaranteed profits on their investment, but with a higher life cover. Ideal for those who want their small funds safe and secure, with a certain amount of profits on their assets.
Equities represent a type of security which renders ownership in a company. They can be purchased and sold in the stock markets or can also be bought via Initial Public Offerings. When invested for a long period of time, these instruments are capable of delivering massive returns, which are often higher as compared to other securities. Of course, they also pose a high risk.
Often revered as cost-efficient and highly diversified, mutual funds or systematic investment plans (SIPs) allow investors to invest as little as Rs. 1000 in a month. These instruments are managed professionally and abide by a set of sound regulations. There is a huge variety of mutual funds to choose from, primarily based on the risk and return probabilities.
These are fixed income instruments, and are primarily issued for the motive of raising capital. Private as well as Government institutions make use of them to accumulate funds. Bonds issued by Government bodies often come with low risks and fair returns.
Bank Deposits are the safest means of securing one’s extra income. The returns offered are low yet stable.
Before making the decision of whether to opt for a traditional plan, endowment plan or a ULIP, it is advisable to compare investment plans at easypolicy.com and gain a valuable insight on the array of products available in the market.
Financial planning is an imperative step for any individual, alone or with family!
Investments are equally important to secure a financial future.
It is better to make a plan now, and make sound investments, before you land in a helpless situation.
Here are a few important fund planning tips you must consider before you lay down an investment plan for yourself.
Make use of these tips and invest sensibly through easypolicy.com, NOW!
Buying an investment plan online is the most sensible thing to do, as it saves you a lot of paperwork and running around.
Just switch on your computer, login to easypolicy.com, compare and buy the best investment plan.
Here are few imperative steps:
Buying an investment plan online brings you the opportunity to compare, search, gather information about and buy the best plan. You can do it through your No. 1 policy comparison engine easypolicy.com!
Buying of Investment Plan Made Simple, Fast, & Well-Informed With Your Best Planning Advisor Easypolicy.com
Considering the wide range of life insurers operating in the market, together with their overwhelming array of investment plans, zeroing-in on the best financial product becomes a difficult task!
Here’s how Easypolicy helps you to choose the best investment plan for yourself:
Facilitating Quick & Informed Decisions
Our online portal strives to help investors through every stage of their decision making process. From comparing costs, features, coverage, to benefits, it enables users to have a 360° view of the various products available in the market. Further, it just takes a few simple clicks to enable users to know and view their options at a glance.
Value for Money
Easypolicy is an online portal and does not involve the services of an intermediary, thereby enabling customers to buy the product directly from the site. This also renders a positive impact on the pricing of premiums, as companies need not pay out commission charges, in cases of policies sold on the online portal. As a result, the company provides low-premium offers and the investor gets to enjoy true value for money.
Always At Your Service
Irrespective of the time and place, you can compare online investment insurance on our portal from the comfort of your home or office. Our insurance experts are always available to guide you and resolve your queries pertaining to product features, application procedure, or any other concern you may have.
User Experience that Thrills
We completely understand your requirements, and hence we have taken significant steps in providing a seamless and flawless user experience. By deploying smart-logic driven quotation forms, the portal is equipped to populate questions, precisely based on the profile of the customer. Further, the system generated insurance premiums ensure that the user gets to know the correct premium cost, without any probability of human errors.
Whether saving for your first house, your kid’s higher education, or for assuring a stress-free life after retirement, Easypolicy is your perfect companion to help you meet life’s major milestones with financial confidence!