TAKE YOUR FIRST STEP TOWARDS BUILDING THE LIFE YOU ALWAYS DREAMED OF
Life is full of hopes and possibilities when you’re young, single and have just got a taste of financial independence. Life is suddenly looking good and exciting, right? We know, Life Insurance might be the last thing on your mind right now. But if you truly wish to achieve your life’s financial goals without any financial stress, now is the right time to invest in life insurance plans. By investing in life insurance when you are young, you not only have a protection plan for your dependents at a reasonable premium amount, you can also start building a prosperous long term future as your savings also benefit from the power of compounding.
LOOKING FOR INSURANCE PLANS TO KICK START YOUR FINANCIAL PLANNING?
Here's some food for thought
Start Early For Significant Savings
When you are young and do not have the responsibility of taking care of a family, buying a life insurance plan is likely to seem unimportant. But buying life insurance when you are young has many advantages. When you are young and healthy you will enjoy the benefit of life insurance with a reasonable premium amount. By starting early, you end up making substantial savings on a premium over long term.
Get Automatic Discipline In Savings
When you commit to an insurance savings plan, you also commit to a disciplined saving habit. A disciplined saving habit will help you in the long term in meeting multiple financial goals, over different stages of life.
Use Age To Your Advantage In Wealth Creation
Life insurance plans can help you meet multiple financial goals and provide financial protection through life cover at the same time. Based on your risk appetite, you should opt for an investment option offered in life insurance plans that suit your specific investment needs.
Enjoy Tax benefits
You can enjoy tax benefits as per prevailing norms under the Income Tax Act, 1961
Secure Your Parents' Future
Your parents and dependents will be taken care of if something were to happen to you. Your life cover can enable your parents will deal with any debt you may have, such as Student Loan, Vehicle Loan or Home Loan in the event of an untimely passing.
YOUR KEY FINANCIAL GOALS
Security for parents/dependents