Insurance Industry

Few days back i got a call from one of the executive from FUTURE GENERALI and heard that they are saying something like you invest 15k for 3 -5 years and then 11th year onwards you will start getting 15k every year till you attain 99 years or till the time you are alive (whichever is less). It sounded strange to me and then I asked about the product name and to my shock it was an insurance product and the executive himself was not aware of what he was saying.

STRANGE

Dont be befooled by such kind of marketing strategies.

Happy Investing.

Right time to get into income funds

This is the right time to get into income funds.The reason for the same is that
1. Inflation is expected to decline further and touch 0 or may be it will be negative in the next 6 months.
2.Banks may turn as buyers for gilt funds for year end valuation.
3.Globally also interest rates are nearing zero .foe example - Bank of england is 0.5%,Japan - 0%.

So it is advisable that people should start investing in income funds and try to stay invested in the same patiently in order to nurture the gains.

Right time to start a SIP

As you all know that these days markets are going down and people are very scared of investing in the equity market then I think this is the right time to start a SIP(Systematic investment Plan).In SIP the Cost averaging plays a very important role.Actually it(SIP) is based on the concept of Cost averaging only.It is like accumulating the shares i.e if market is high you will accumulate less no. of shares in that SIP amount and if market is low you will get more no. of shares for that particular amount(SIP amount). This SIP is actually helpful and will nurture results only in long term so you should consider the SIP investment for long term and icing on the cake is that it is a tax saver also so you can get tax exemption also.

Insurance industry

Today i came across this site which helps alot in clarifying lot many of your doubts.
In this market if you plan to take some insurance and plan to directly buy it from the company or their sales executives or the agents then one problem that you will face is that they will talk to you in the language per se the terminolgy which you will not be able to understand and lot many times if you cross question the person about the same they will not be in a position to clarify your doubt.

Incase anyone wants any kind of help in choosing the insurance policy and need a comparison then do let me know.

I will be really happy to help you.

Insurance industry

Hi everyone,
I am in this financial industry since last few years and with lot many companies coming up in the indian market ,per se the insurance companies ,there are so many products which are right now available in the indian market to choose from.
Basically i have started this blog so that i can help people with the knowledge that i am having and help them in making the right decision as far as choosing the right financial product is concerned.

Happy Investing