Investment on your Mind?

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
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Secure your Sister’s Safety this Raksha Bandhan!

The festival of Raksha Bandhan celebrates the unique bond shared by brothers and sisters in India. As the name implies, it symbolizes the bondage of protective affection. When a girl ties her brother a Rakhi, he gives her a return gift as a promise to take care of her, come what may. Having a brother is one of the greatest blessings in a girl’s life because it gives her the security of knowing that she will never be left in lurch.

What better gift than health insurance to ensure the security of your beloved sister? Health Insurance provides protection in the wake of unforeseen events like accidents and health issues that can create chaos in your sister’s world. In today’s times where medical costs are rising and hospital bills are uncertain, it is important to prepare yourself financially for a health crisis.

Karvy Private Wealth offers very comprehensive health insurance plans such as mediclaim, family floater plans, senior citizens’ plans and critical illness plans. An individual health insurance plan (IHIP), or ‘mediclaim’, would cover your expenses if you are hospitalized for at least 24 hours. These plans are indemnity policies, that is, they reimburse the actual expenses incurred up to the amount of the cover that you buy. Some of the expenses that are covered are room rent, doctor’s fees, anaesthetist’s fees, cost of blood and oxygen and operation theatre charges. . Under a Family Floater (FF) health plan, the entire sum insured can be availed by any or all members and is not restricted to one individual as is the case in an individual health plan. A Critical Illness plan allows you to insure against the risk of a serious illness.

So choose your Rakhi gift wisely this season by picking something that would truly ensure her safety and protection. Happy Raksha Bandhan!

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