Someone who is looking for a low cost term plan with a range of cover options
like lumpsum payment after death or staggered monthly payments after death or a combination of the two options can consider buying for this plan.
Insurers give options
like lumpsum, instalment and part - payment in case of death or survival benefits
The highlight of ELSS is you can opt for different payment plans
like lumpsum or systematic investment plans (SIP)
Not exact matches
Would
like to invest a
lumpsum of 1.5 lacs with a horizon of 3 1/2 yrs the same being required for my kid's ceremony.
I would
like to deposit one
lumpsum amount of Rupees One Lac for a period between 3 to 5 years.
The return of the growth is calulated after substracting the MER.75 % of the principal is guarenteed at maturity.You can also withdraw 10 % without any penality in every year from the segregated funds.You can also do SM through Manuone.If you can put 10 % with CMHC insurance, either borrow a
lumpsum from the subaccount, if you have the equity, or can use dollar cost averaging.In this case you pay only prime rate for the mortgage aswell as for the subaccount just
like a credit line.The beauty of the mauone is that you can pay of the mortgage at any time if you have the money.Any money goes into your account will reduce your principal amount, and you pay only the simple interest at prime for the remaining principal.With a good decipline and by putting the tax returnfrom the investment in to the principal will reduce the principal subsatntially.If you don't have the decipline don't even think of this idea.I am an insurance agent, recently I read this SM program while surfing the net, I made my own research and doing it for my clients.I believe now 20 % downpayment can get a mortgage without cmhc insurance.Fora long term investment plan, Manuone with a combination of Segregated fund investment I believe is the best way to pay off the mortgage quickly and investment for the retirement.
Would
like to invest a
lumpsum of 50k clubbed with a 2 k mthly sip with a 5 - 6 year horizon with a average return of 12 - 13 % towards my daughters education.
Is it advisable and better investment strategy thru
lumpsum amount
like 5L now or how much SIP i need to invest.
I am having SIP in HDFC balance, franklin smaller, DSP BR micro, HDFC mid cap, Axis ELSS, ICICI pru value discovery and I would
like to have some additional
lumpsum investment, I am waiting from last 1.5 month but market keep on going up and up, making me more nervous with my
lumpsum investment
I would
like to invest
lumpsum in Mutual Funds and Stocks.
I would
like to have a
lumpsum amount of Rs. 50L.
Edelweiss Tokio Life — Group Critical Illness Rider provides you the full rider sum assured is payable in
lumpsum on diagnosis of any one of the 6 critical illnesses
like Cancer, Heart Attack or Kidney Failure.
However, critical illness policies pay a
lumpsum amount irrespective of hospitalization in case of critical illnesses
like heart attack, cancer and paralysis, to name a few.
I just need to invest in some kind of insurance preferably LIC which giver higher maturity
lumpsum or
like pension with life cover
Critical illness cover,
like Edelweiss Tokio Life — CritiCare + gives you a
lumpsum payment on the diagnosis of an enlisted critical illness.
This plan is suitable for people who had not planned for their retirement earlier and would
like to avail pension by paying a
lumpsum amount.
Someone who is looking for a term plan with a range of cover options
like: a) Additional accidental death benefit or b) Increasing life cover during important milestones of life or c) Partial
lumpsum payment to family members after death and remaining in monthly payments or d) Big
lumpsum payment to family members after death and additional monthly payments If you also have one or more of the above listed requirements, then HDFC Life Click 2 Protect Plus plan is for you.
For example, the Maturity Benefit can be in a
lumpsum or in installments,
like Money Back or Anticipated Endowment Plans.
If you have got sum
lumpsum money either due to incentives or bonus or through FD maturity, you would
like to invest in Single Premium Insurance Plans, then this article is for you.