Invest your Investments in best investment plan

Posted by Ankita G.
2
Jun 21, 2016
128 Views

Investments are being considered as a trend in financial aspect when it comes to common man. Investments are the core structural feature for the whole concept of having a safe financial future. Investments are broadly defined as amount of time, energy, finance or matter which is spent by the source in a positive hope of future benefits which is actualized within a given time frame or specific date or time. Though investments have a different meaning in terms of various subjects of finance but when analysed the primary meaning is the same. Insurance is also a form of investment which has gained popularity in recent times. Insurance is technically defined as an equitable based transfer against any threat of loss, from an entity to another in exchange of monetary benefits. Insurer is the company which sells over insurance to the insured, the one who purchases. The total amount of money which is charged during this whole process is termed to be premiums.

Investment insurance is simply a traditional hinted insurance policy which provides with an option to insure their investments for desired period of time in order to ensure safety of investments and also at the same time be insured in case of any unprecedented events. In simpler words, Investment insurance plans help in investing certain amount of investments with the insurer, the time frame for maturity of the policy is also decided by the insured. The investment provided back at the time of maturity is more than the original investments put by the insured. In case of any event of death of the insured, the benefits are given to the beneficiary at the maturity of the policy. The best part of Best Investment Plan insurance is that not only does your investment remain secure with the insurer but it also grows constantly.

The benefits provided by the insurer are also to be well considered. The premium rates are however decided according to the investment amount insured wants to invest. The money you pay through premiums is utilized in increasing your investment and also to provide insurance coverage.

Investment insurance is of three types:

Unit Linked Plan

Traditional/endowment Plan

Guaranteed Return Plans

An insurance seeker can opt for any amongst the three plans depending upon the need and preference. The decision should be taken after a detailed comparison of insurance policies available using various insurance comparing websites is one such website which provides you with a detailed analysis of the plans in the market which can be availed according to your need and concern.

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