Discover and read the best of Twitter Threads about #TermInsurance
Most recents (7)
Is there a SMARTER way to buy Term Insurance?
Can you get back all premiums paid while paying the same premium as a Pure Term cover?
This all sounds too good to be true, doesn't it? Let's dive deeper to find out 👇 (1/n)
#terminsurance #insurebesure #insurancepremium #thread
Can you get back all premiums paid while paying the same premium as a Pure Term cover?
This all sounds too good to be true, doesn't it? Let's dive deeper to find out 👇 (1/n)
#terminsurance #insurebesure #insurancepremium #thread
Zero-Cost Term Insurance plans allow you to 'exit' from the policy, thereby getting all the premiums that you have paid back.
But wait... What's the 'catch’? (2/n)
#insurance #terminsurance #financialfreedom
But wait... What's the 'catch’? (2/n)
#insurance #terminsurance #financialfreedom
The CATCH is... You are allowed to exit the policy only within a specified period.
Let's look at an example. (3/n)
#insurancepolicy
Let's look at an example. (3/n)
#insurancepolicy
To all of you who are new to the workforce… Congratulations!!! You have secured your first job.
But are you confused about how to best use your current salary? (1/n)
#salary #cashflow #payday #money
But are you confused about how to best use your current salary? (1/n)
#salary #cashflow #payday #money
Most people complicate things. It is only natural when there are so many investment products to choose from. That need not be the case.
Here are some simple tips for someone just starting! (2/n)
#equity #fixedincome #gold #realestate
Here are some simple tips for someone just starting! (2/n)
#equity #fixedincome #gold #realestate
#1 Start Building an Emergency Fund
This should be your first priority. In case of emergencies, you shouldn't be left empty-handed.
Having 3-6 months of expenses set aside will be optimal. (3/n)
#emergencyfund #savings
This should be your first priority. In case of emergencies, you shouldn't be left empty-handed.
Having 3-6 months of expenses set aside will be optimal. (3/n)
#emergencyfund #savings
#maxlife #terminsurance @MaxLifeIns @MaxGroup
If you are considering buying a Term insurance plan to secure the future of your loved ones, do NOT opt for Max Life. A thread....(1/n)
If you are considering buying a Term insurance plan to secure the future of your loved ones, do NOT opt for Max Life. A thread....(1/n)
They might have tall claims about the best settlement ratios in the industry, but their application process is super flawed and harassing for the applicant. On the basis of a simple treadmill test, my application was rejected. (2/n)
This put me and my family under extreme stress due to the belief that there is a cardiac condition. However, that couldn't have been farther from the truth. (3/n)
Term Insurance 101 :
"Learn everything about Term Insurance"
A Thread 🧵👇
"Learn everything about Term Insurance"
A Thread 🧵👇
1/ What is Term Insurance?
In term insurance, the insured person covers himself for a specific period of time. In case, something happens to him during that specific time and the plan is active, then the death benefit is passed on to his nominee.
In term insurance, the insured person covers himself for a specific period of time. In case, something happens to him during that specific time and the plan is active, then the death benefit is passed on to his nominee.
2/ Assume, that Mr. X has insured himself for 30 years. And, if he dies in the 24th year then the death benefit will be provided to the nominee.
Thread 🧵on Types of #LifeInsurance Policies in India
Must read for everyone, especially youngsters....
(If you like then please re-tweet to maximize reach)
#InvestmentPlanning
Must read for everyone, especially youngsters....
(If you like then please re-tweet to maximize reach)
#InvestmentPlanning
As promised earlier, I have made this tread explaining basic types of #LifeInsurance policies in #India
1. Term Insurance
2. Endowment Insurance
3. Whole Life Insurance
4. Money-back Plan
5. ULIP
Tweets below will explain all these types of Life Insurance Policies ... 👇👇👇
1. Term Insurance
2. Endowment Insurance
3. Whole Life Insurance
4. Money-back Plan
5. ULIP
Tweets below will explain all these types of Life Insurance Policies ... 👇👇👇
1⃣ Term Insurance - It is for a specific period of time and has lowest premium among all types of insurance plans.
Premium of #TermInsurance policy once fixed does not increase during term period of the policy.
Premium of #TermInsurance policy once fixed does not increase during term period of the policy.
Term Life Insurance mistakes to avoid
(A thread)
(A thread)
#TermInsurance is perhaps the easiest way to protect your family's financial future in your absence. However, while buying a term life insurance or if you have one already, there are a few things that you need to be mindful of. Let's have a look at them
1. Not buying enough coverage to replace income
Never pick a random number no matter how big it sounds. Instead, do your math correctly to find out the coverage you'll need. Things to be considered – future household expenses, your liabilities, important goals, and life events
Never pick a random number no matter how big it sounds. Instead, do your math correctly to find out the coverage you'll need. Things to be considered – future household expenses, your liabilities, important goals, and life events
In order to protect #policyholders #interest against unethical practices & to clear ambiguity #IRDAI is taking steps to curb mis-selling & bring in more transparency, as a policyholder make sure that one fully understand terms & conditions before purchasing #insurance policy.
A #policyholder must ensure if the policy matches his/her needs. They must read the fine print. Keep #insurance & #investment instruments separate & avoid combining the two. A #TermInsurance + #MutualFund is best combo. Remember, #AdviceZarooriHai & #AdvisorZarooriHai. @livemint
The whole purpose of taking an #insurance policy is to take care of the ‘If I die in the policy tenure’ part! Insurance is a pure #RiskManagement tool & is a must. One must be aware of the nitty-gritties of insurance policies. This is where role of a #financialadvisor comes.
