Investment is something that grabs your attention as soon as you start earning a decent living. Anxiety about the future and the desire to lead a comfortable and secure life, prod us to mull over the various options available for investment. From bank savings, stocks, bonds, mutual funds, and provident funds to post office savings schemes and insurance policies, there is a wide range of choices.
Fixed Deposits offer higher interest rates compared to Savings Account, whereas the stock market involves higher risk and return. Equity shares promise maximum returns in the long term if you are willing to take that kind of risk. While certain investment options have a high risk attached to them, some others are highly illiquid. In this scenario, it is crucial to critically analyze the options available and choose the right one depending on your risk appetite and investment goals.
Insurance is a very attractive investment option given that it enables the policyholder to mitigate risks while earning good returns on the funds. It protects policyholders against various risks to life and property, minimizing the damages and the impact. It helps to plan and prepare for life events like marriage, getting admission in your dream university, buying the perfect home and retirement. Loans are available against the accumulated cash value of the premiums paid. Dividends are paid out in the case of unit-linked plans like endowment policies. Apart from this, insurance also offers tax benefits. Thus we find that the advantages of buying an insurance policy are manifold.
However, it is important to choose the most appropriate insurance policies to reap maximum benefits. Karvy Private Wealth offers high quality insurance planning services to guide you through the process. Experienced and qualified professionals analyze your risks based on age, health, income etc. and suggest the right plans for you.
To know more:
Contact us on karvy@gmail.com
Visit our website: http://www.karvywealth.com
Join us on Facebook: http://www.facebook.com/KarvyWealth
Follow us on Twitter: https://twitter.com/KarvyWealth
No comments:
Post a Comment