Your subscription for Algrow will be terminated soon.
Your subscription for Allsmart will be terminated soon.
Complete your e-Sign journey to renew your Algrow Funds
It is not just about the name! There is more to nomination in life insurance than you think.
Getting life insurance is all about securing the future of your loved ones and nomination is an important part of it. Nomination ensures that your loved ones benefit the financial security even in your absence.
Nomination in life insurance is not a mere formality. It is crucial to make the disbursal process hassle-free and ensure the future of loved ones in case of unfortunate demise of the policyholder.
Thanks to internet connectivity, you can buy life insurance from the comfort of your home. But is it as reliable a method as buying in person?
In this day and age, you can get almost everything online whether it is clothes, books, furniture, groceries, or insurance. While everyone is really happy with the ease of shopping when it comes to other products, most people hesitate when purchasing life insurance plans online. This is majorly due to the prevailing myths surrounding online life insurance products.
Having a term insurance plan to protect your income and family both at the same time has some sense when we think about security and safety. The well-earned peace of mind is priceless and you can get the same kind of peace of mind when you have a term insurance. People often have second thoughts about whether to have a term insurance plan or not. Middle-aged moms and Retirees think seriously about the costs vs the benefits of these plans. More importantly, it is backed up by the simple question, 'Would my untimely passing may lead to a financial tension with any of my loved ones?'
The cost of losing 2.32 crs as your net returns could tie-in directly with not spending enough time on your investment approach & strategy. This loss itself is as much as 158% of the total gain that you would make on your investment. Are you surprised? You might not even know of the loss you are making because of not focusing diligently on your investment strategy. Would you like to know the basis of all this to assess if it’s really the situation with your investments? Here’s sharing with you a case study of 2 investors. It highlights and focuses on the quantum of loss that one makes in an investment opportunity due to an ill-informed approach.
