The phrase
"insurance cum" typically means that a person or entity is not just pursuing insurance coverage, but also seeking certain benefits or additional services that come along with it.
Full definition
Truly speaking, I can not understand, how people can be so foolish to opt for such
insurance cum savings plan.
In the case
of insurance cum investment, you should go for endowment or money back plans.
Generally we called them
as insurance cum investment product to provide both the benefits to users.
It is this flexibility and low cost structure in the combination of term plan and mutual funds that scores over all
other insurance cum investment products.
So I think again it is proved that an endowment plans can't really able to offer the
best insurance cum investment plan to a person.
We have already reviewed
lot insurance cum savings plan which in long term hardly able to meet the inflation.
It is an
excellent insurance cum investment solution that allows the insured individual to save regularly, while also getting maturity benefits.
These 3 key features indicated are attractive, hence, low risk investors can consider this
under insurance cum investment plan.
ULIP is a
life insurance cum investment product which provides life risk care as well as growth into your investment.
HDFC Life Sanchay Plan is a guaranteed savings insurance plan, like many other
typical insurance cum savings policies.
Our Suggestion to this Plan: ULIPs are generally represented as INVESTMENT
cum INSURANCE cum TAX - SAVING product.
Individual insurance cum Savings Plan to endorse the habit of savings and thus earning on the same through guaranteed returns.
Met College Plan is a
traditional insurance cum investment policy, aimed at meeting the financial needs of a child in future.
Insurance cum pension scheme for senior citizens has been relaunched by the Finance minister Arun Jaitley.
A
ULIP insurance cum investment plan suits those who are seeking to maximize their wealth.
These plans can function as a
bundled insurance cum investment solution that can create an inheritance / legacy for the next generation, but some would argue that combining insurance and investment is not a good idea
Future Generali India Life Insurance Company, a joint venture between Future Group of India and Generali Group of Italy, expects revenues worth Rs 100 crore from Future Freedom Plus, a long
term insurance cum investment plan.
HDFC Life Sampoorn Nivesh: HDFC Life Sampoorn Nivesh is a
life insurance cum investment plan.
Child plan is a type
of insurance cum investment that helps an individual to build a corpus for finance child's education and marriage.
Aegon Life iMaximize Single Premium Insurance Plan is a life
insurance cum investment plan allows the individuals to select from six unit - linked funds on the basis of the objectives.
I have below plans from LIC, need you expert advice on
these insurance cum investment options.
Child Plan is
insurance cum investment plan that serves two purposes - Financially secure your child's future & finance the turning points in his / her life such as higher education and marriage.
A ULIP is
insurance cum investment plan in which risk cover is promised, but return solely depends on the market performance
These are
insurance cum investment plans that aim to make your money grow and also provide you with flexibilities to manage your investment.
Child ULIPs -
Insurance cum investment plans that serve 2 purposes, to financially secure your child's future and to finance the turning points in his life such as higher education and marriage.
Traditional plan is
insurance cum investment plan that promises both risk cover and returns to the investor
Such plans are
insurance cum investment plans
Amit Kumar Roy, Chief Distribution Officer, Aegon Religare said that these products can be used as purely for insurance or
insurance cum investment.
In this article, we discuss ULIP (Unit Linked Insurance Plans),
insurance cum investment products that qualify for tax benefits under section 80C and whether you should go for ULIPs.
Firstly decide whether the purpose is only insurance or
insurance cum investment.
Child Plan is
an insurance cum investment plan for your child that answers two purposes - Financially secure your child's future & finance the turning points in his / her life such as higher education and marriage.
Insurance cum Investment plans give less coverage to the insured.
Hence, people with low - risk appetite can certainly go for
these insurance cum return products.
Retirement plan is
an insurance cum investment plan.
We have already seen many times that
an insurance cum investment product can't beat inflation over larger period of time.
But people mostly like traditional endowment or ULIP plans where they will also earn some interest at the end of maturity thinking that
an insurance cum savings plan is better than a term insurance plan.
HDFC Life Smart Woman Plan: It is
an insurance cum investment plan which is specially designed to meet the requirements of women.
The best way you can multiply your savings is by investing your money in
an insurance cum financial product that can provide you a return on your investments and a life cover too.
We understand this and therefore are glad to offer HDFC Life Sampoorn Nivesh,
a insurance cum investment plan designed specifically with multiple fund options so as to help you optimize your investment.
Like regular ULIPs, unit linked child plans are
insurance cum investment products.
Phrases with «insurance cum»