Life Insurance Planning- How much insurance you required under need-based method?
Life insurance planning is very important in insurance planning. In addition, there are two methods that you can plan to take a life insurance policy. 1. Human Life Value or Income Replacement Method. 2. Need-based method. The life insurance coverage required you can calculate with any one of the methods. In the first place, you should know that life insurance and insurance should not be mixed (read this), and also term insurance is the only policy that is good to take in life insurance to protect dependents from financial loss. Soon I will write an article about the term life insurance …
Human Life Value(hlv)- How to calculate in Life Insurance?
Life insurance is a must-have for every earning person in the family to protect their dependents in case of their absence. Moreover, life insurance protects life dependents financially in his absence. There are a few methods available to calculate the amount of life insurance needed. 1. Human Life Value Method or Income Replacement Method. Here, In this article, I will give an Excel template to calculate human life value (HLV) too. Read this article about LIC vs. postal life insurance. Click here to read. Want to invest in shares, then read this article? Click this link to read. Need-Based Analysis …
What are the different types of Life Insurance Policies? (Telugu)
Life insurance covers basically covers two kind of risks. 1. Living short 2. Living long. …
APGLI/TSGLI- Why it is a wealth destroyer? (Telugu)
If you increase your APGLI/TSGLI premium, you may end up losing your wealth. Yes, it is true, I will explain in detail. There is a misconception among Andhra Pradesh and Telangana Government Employees that APGLI/TSGLI will give 11.5% interest per year. But that big mistake, I have proved that they are wrong, you can read in this article. APGLI/TSGLI never said that It will give 11.5% interest on the premiums paid. You can find premium rates and bonus in this link. Click here APGLI/TSGLI- Why it will destroy your wealth if you increase your premium? So many Government Employees are increasing this life …
