Guaranteed Income or bonus- why this kind life insurance policies are bad?
Life Insurance companies use different kind of words to attract people so that they will buy plans from them. They use words like life insurance bonus, a terminal bonus in life insurance, life insurance with bonuses. In recent years they started plans which are offering guaranteed bonus policies to the policyholder. What Kind of Guaranteed return Plans that these companies are offering?… Companies sometimes offer some kind of plans with bonus till death. Example is LIC’s Jeevan Tarun policy. Example of Guaranteed bonus… A company is asking you to pay Rs.1,000 per year for 10 years, from 11th year to …
LIC of India(new jeevan anand) – Why these kind of polices are bad?
When we are about to take a Life Insurance Policy, then first LIC of India name comes into our mind. LIC of India is backed up by Government of India. Lic is offering so many varieties of plans. But some plans are not good for you at all. They will destroy your wealth.New Jeevan Anand policy is famous in LIC OF INDIA. Life Insurance will cover the risk of dying too early and risk of dying too late. Hench, Life Insurance Corporation if it covers above said two risks. But the real problem comes when it is trying to behave differently …
Insurance Planning -Why some times will fail in Life Insurance, Health insurance etc?
Sometimes Insurance planning will fail. People do take life insurance and health insurance etc to protect themselves from financial loss due to unexpected death or health issues etc. For this, they do Insurance Planning. Insurance planning also part of Financial Planning. Therefore, I have added this article in Financial Planning category. But sometimes this Insurance planning will fail. Recently I had a discussion with a Government Employee. He is working in Andhra Pradesh State Government. They have mandatory Department Life Insurance called APGLI. In the conversation, he said that If Life Insurance Policy of Lic or any private Life Insurance …
Govt Life Insurance APGLI and TSGLI – Why it is good to modify by Government?
First I should thank Mr. Rajandra prasad Garu(http://www.andhrateachers.in/) who posted my article about APGLI and TSGLI maturity and interest rate on his website. Now in this article, I will tell you why Andhra Pradesh and Telangana Government have to modify APGLI/TSGLI(govt life insurance). As a result of his help, my article is coming in google first page if somebody searching for APGLI OR TSGLI maturity. In addition, I have requested a few more website owners too to post my article about maturity in Andhra Pradesh and Telanaga Life Insurance in their sites. Maybe they are not serious about good happening to …
Agent,Distributor, Bank, CFP’s and Sebi Ria- Who is good for you?
There are few people call themselves Investment Advisers or Financial Advisers. Insurance Agent, Mutual Fund Distributor, Bank, Postal Agent, CFP and Sebi Ria. But common man not able to understand whom to chose out this list. Hence, I am writing this article about the skill. education, capability, mode of their income and reliability etc. While selecting any one try to select one who has No or least conflict of interest and high skill and education. Conflict of interest means putting their interest first instead of yours. Insurance Agent… Most of the Insurance agents academic qualification is 10+2( Intermediate). Few agents …
Mutual Funds – What are best funds in 2019 for investment?
Thanks to Mutual Fund Sahi Hai advertisements in Television etc. More people started to invest in mutual funds to get profit(read this). Most people often ask me to suggest some best funds every now and then. Now, New year has entered. To get more traffic and to fulfill my site visitors wish I have to write an article about the best funds for the year 2019. Sebi knows its dangerous to invest in funds without proper risk appetite. Sebi’s duty is to protect investors. If you watch carefully, This Sahi Hai campaign by mutual funds slowed down drastically. Sebi has …
Real Estate – Why it is a bad investment?
Real estate is a prime investment option for most of the people in Andhra Pradesh and Telangana. We think that it is a good investment. But that is not true. Real estate is a bad investment option. We think will give more return(profit) than anything else. There are few reasons why it is not worth investment. Below are a few reasons explained… Real estate investment needs a loan to purchase… Real estate investment demands a lump sum amount at the time of purchase, which many of us do not have. As a result of this, we tend to take heavy …
New EPF WITH DRAWAL Rules Explained-2019(Telugu)
Unemployed for more than a month can withdraw 75% of EPF corpus… These new rules came into existence recently. But Before withdrawing your EPF corpus, You should know the taxation on the withdrawal when you retire, resign or terminated. A new clause is inserted after clause 68 H in EPF act 1952… Clause 68 H tells about the grant of advances in special cases like your company closure for more than fifteen days to six months. New EPF withdrawal Rules 2019… As I said above, Now it Has new clause 68 HH along with clause 68 H. The new clause …
Sebi Registered Investment Adviser-How he help in creating wealth?(Telugu)
Most people think that they do not require any investment advice. They think they can manage on their own. But it is not true. A Sebi Registered Investment Adviser will add value and helps in creating wealth with investment advice in your better financial journey of Investment planning and Financial Planning.He will help you in planning for house, retirement, child education and insurance etc. I know you people do not agree. I will give an example where some of my clients and my paisa health youtube channel subscribers. Do read this article though you are not a Govt. Employee of Andhra Pradesh …
