a) For some who is looking for a pure plain
vanilla term plan with no riders, no variants then «Click2Protect» from HDFC Life fits the requirement and is a good choice.
Life Option — This is a plain
vanilla term plan where your life will be protected against a high lump - sum amount and in case of your unfortunate death, Lump sum payout will be payed to your family as Death Benefit.
Overall Conclusion: Our overall conclusion is 1) If someone is looking for high CSR, low premium, plain
vanilla term plan without any distinct features, then HDFC — Click2Protect stands out in this category.
i) For some who is looking for a plain
vanilla term plan with no riders, no variants, high claim settlement ratio then «Click2Protect» from HDFC Life fits the requirement and is a good choice.
The premium paid for Return of Premium term plans is less than premium for
plain vanilla term plan for the same amount of life cover.
If this grim fact finally wakes you up to the need of getting insured, it is best to buy a retirement plan rather than
a vanilla term plan at this age.
You will be better off buying a plain -
vanilla term plan, which costs less, and invest the balance in MFs
Investing in the paid features offered by your insurer may definitely enhance your plain
vanilla term plan.
The ones which are plain
vanilla term plans that offer only death benefits and others that offer death along with survival / maturity benefits.
This is
a vanilla term plan without any surrender benefit, maturity benefit or loan facility.
It is a simple plain
vanilla term plan.
Due to this characteristic, they are priced higher as compared to plain
vanilla term plans.
In this post, let's look at what TROPs are and if such plans are better than plain
vanilla term plans.
Purchase a plain
vanilla term plan and invest the excess in pure investment products such as PPF, FDs, mutual funds etc..
A plain
vanilla term plan that pays a lump sum amount on death is perhaps the best way to insure yourself.
Phrases with «vanilla term plan»