Short Term Investment & Long Term Investment Plans In India

Short Term Investment Plans in India

Any investment scheme that has a time period of 1 to 5 years is distinctive of a short term investment. There are quite a few advantages in opting for short term investment plans as compared to their long term equivalents. If an investment plan is a short term one, the risks are less and the money is not kept locked up by the bank or any other financial institution. The return on the investment (ROI) is also quite sizeable. Here is a brief on some of the best short term investment plans.

Fixed Deposits:

Without a doubt, FDs are the most secure short term investment plans available. This scheme provides a fixed rate of interest that ranges from 4 to 11% yearly. Though the money cannot be withdrawn before its maturity period, fixed deposits come with a period/tenure of 10 days to 10 years. Interest is paid 3 months after the initiation of the deposit and is exempt from tax deduction under Section 80C of the Income Tax Act, 1961. Untimely withdrawals may involve a penalty, but that is decided upon by the bank.

Savings Account:

A Savings Account is another reliable and secure mode of short term investment, which can be primarily used for liquidity. An account like this can be opened with any bank or financial institution and money can be kept till required. Banks pay around 4 to 7% interest rate, depending on the amount and duration for which the money is reserved in the account.

Gold Investment:

Investment in gold is deemed to be one of the wisest options when it comes to investing for a short duration. This very in-demand yellow metal can come handy in uncertain times as it offers protection and stability during banking crisis, inflation or social unrest. Another benefit of investing in gold is that any inclination in the financial market does not have any effect on the value of the metal. With the demand for the precious metal on a constant increase (especially in a country like India), there has been a 23.5% return on investment in the past few years.

Liquid Funds:

Liquid funds are ones that have a high liquidity value that can be invested in a certificate of deposit or short term securities offered by the Indian Government. These funds are essentially short term Investment Plans that have a Low Risk and low return investment while offering a fixed current income. In order to avoid fluctuating interest risks, the maturity of this fund is 90 days.

Long Term Investment Options in India

Long-term investments are investment schemes that have a term period of over 5 years. They play a vital role in the larger scheme of things, wherein you might need accrued amounts; for example, in your child’s education or to buy a land/property. It is, therefore, imperative to have a solid know-how of the kind of investment options that you are opting for.

The most common Long Term Investment Options are -

Employee Provident Fund/Public Provident Fund:

Provident or pension fund is a savings scheme that is provided by every employer to every employee in which a small portion of the employee’s monthly income is deducted and diverted into his/her Provident Fund. This amount can only be withdrawn by an employee upon leaving the organization or upon retirement from it.

National Savings Certificate:

Offered by the Post Offices in India, it is one of the traditional investment implements that is exceedingly favoured by senior citizens and those who are looking to invest smaller amounts for longer lock-in tenures. You can invest from Rs 100/- to 1.2 Lakhs with a 6-year maturity term. The annual interest rate on NSC’s is 8% and not subject to market fluctuations. Also, the interest is not tax-free at the time of payment at maturity.

Real Estate:

Investment in real estate (land and property) is a very smart investment alternative as the appreciation in the value of real estate has been exceedingly encouraging and almost always on the rise in the recent past. As an investment option, it represents good growth and is also a substantial asset to have for something to pass on to the next generation.

List of Best Life Insurance Companies in India

There are a slew of insurance companies in India, of which Life Insurance Corporation (LIC) is a public sector company. Rest of the companies is private insurance companies, while many among them are joint ventures between national or international banks and private or public sector banks. There are several private players that have bonded with international insurance companies to make progress in the insurance realm.

List of Insurance Companies in India

• AEGON Life Insurance Company- The claim settlement ratio is 95.30%. Being a joint venture between Bennett, Coleman and Company, AEGON aims at working based upon multiple channel distribution strategy. The company started its operations in the year 2008 and since then it has launched a range of products that aim towards improving the financial life of customers. These include endowment plan, term plan, ULIP plan, Group plan, saving plan, protection plan, ruler plan and child plan.

• Bharti AXA Life Insurance Company- This is one of the sought-after insurance companies in India. Having its headquarters in Mumbai, the company is joint venture between AXA Group and Bharti Enterprises. The company boasts a network of 123 offices and the maximum claim settlement ratio is marked at 80.00%. According to plan eligibility criteria, the minimum years of candidates is 18 years and the maximum years is 65. 

• Aviva Life Insurance Company- The claim settlement ratio is 82.00%. A joint company of Aviva Group and Dabur Group, the company has 121 networked center and also comes with a large customer base. The plans offered are available at a very economical price and they include ruler plan, protection plan, health plan, saving plan, group insurance plan, etc. 

• Birla Sun Life Insurance Company- Boasting millions of customers, the company is one of the leading insurance companies in India. The company is the outcome of Sun Life Financial Inc. merging with Aditya Birla Group. Also, the company is hailed as the pioneer in ULIP or Unit Linked Plan. The services offered by the company include child plan, retirement solution plan and health plan. The company has a claim settlement ratio of 88.45%. 

• HDFC Standard Life Insurance Company- This is a joint venture between Standard Life Plus and Housing Development Financial Corporation Ltd. Incepted in 2000, the company is today one of the leading insurance companies in India. Right now, the company holds 8 products in its portfolio. These include group insurance solutions such as health and saving plan, pension plan, and other individual plans like women plan, child plan, etc. The claim settlement ratio is 95.02%. 

• Exide Life Insurance Company- The claim settlement ratio is 83.13%. The company strated its operations in 2001 and was previously known as ING Vysya Life Insurance Company and kis rankled among Top 10 Trusted Insurance Companies in India. Available at feasible rates, this insurance plan offers you one-stop solution to its customers. 

• ICICI Prudential Life Insurance Company- The company is a joint venture between Prudential Plus and a pioneering private sector bank. The company also provides an array of products such as Child Plan, ULIP Plan, Investment Plan and term plan. The claim settlement ratio is 96.20%. 

• Edelweiss Tokio Life Insurance Company- The claim settlement ratio is 85.10%. The company was established in 2011 and is a joint venture of Tokyo Marine Holding and Edelweiss Group of India. The insurance products offered are child plans, savings plans, retirement plans, protection plans, etc.

Other than the above mentioned insurance companies, there are other companies in India that are among the best life insurance companies in India. Make your choice and pick a company that offers services to your best likings.

How To Invest | Various Investment Plans In India

How To Invest | Various Investment Plans In India

Key Features of the HDFC Life Term Plan

Term insurance plans are widely preferred today because it offers optimal protection coverage to the insured and their family. The term plans are basically considered as the essence of other life insurance policies that are designed to offer financial aid to the nominee or family in case of premature death of the insured. So, it is an insurance policy that that provide lump sum amount, known as Sum Assured, to the nominee or family member of the insured person, if he/she dies during the term of the policy. This policy is purchased for a specific time period which can be in years and coverage is offered to the insured for the time period opted by the insured. However, the insured needs to pay monthly, quarterly or yearly premiums to the company against the policy purchased and in turn the company promises to pay Sum Assured on his/her death to the nominee of the plan.

HDFC has emerged to be the leading market leader in insurance sector today, serving the nation with a variety of term insurance plans at attractive rates. HDFC Life Term Plan comes with appealing rates and promise to offer maximum coverage to the insured.

  

Term Plans by HDFC Life

There are two different term plan offered by HDFC Life and both the term plans has its own benefits, payment options and coverage.

• HDFC Click to Protect Plus Plan
• HDFC Life CSC Suraksha Plan

Key Features of HDFC Click to Protect Plus Plan

HDFC Click to Protect Plus Plan is the authentic term insurance plan that can be purchased online directly from the website of HDFC Life. This HDFC Life Term Plan is considered to be the best exhaustive insurance plan today because it offers the insured with four diverse life cover options and the death benefit under this plan can be availed in four diverse ways. This makes the term plan of HDFC Life universal in nature. Apart from this feature, there are also other features that makes this term plan the most preferred insurance plan today.

• Four cover options including extra life option, life option, income plus option and income option
• The death benefit is higher in this term plan which is more than 125% of single premium or sum assured of the plan
• It has Life Stage Protection Feature that allow the insured to increase the sum assured at any milestone of their life like child birth, marriage or others, without having to undergo a medical test for enhancement of the coverage
• 50% of sum assured can be insured in marriage and 25% on the birth of a child
• Additional coverage can be reduced by the insured after they attain the age of 45, thus lowering their monthly premiums
• Premiums can be paid in lump sum during the time of signing insurance contract under single premium option or insured can decide to pay the premiums for the entire duration of the plan under regular premium option
• For non-smokers there are preferential rate of premium available
• For Accidental Disability Riders there is HDFC Life Income Benefit available on request 
• Premiums paid are exempted from taxation under Section 80C      

Key Features of HDFC Life CSC Suraksha Plan

This is another HDFC Life Time Plan that is basically designed for rural areas to facilitate the non-urban population of India into the mainstream of life insurance and provide them with the benefits of life insurance. HDFC Life Term Plan is Basically provided in public private partnership framework between GOI and HDFC Standard Life. It is the low cost, simple and easy to understand term plan by HDFC Life and hence it is the best term plan for new insurance customer. This term plan is retailed via CSC Common Services Centre in a bid to reach the maximum number of rural customers at low cost. This plan offers a lump sum to the nominee or family upon death of insured.

Exide Life Insurance - Best ULIP & Investment Plans

An insurance policy has become an indispensable part of our lives. However, if you have more benefits from an insurance policy, then you should go for it. Have you thought of buying the best Exide Life Insurance ULIP policy? It offers double benefits of life cover and also investment growth at the same time. 

ULIP Plans from Exide Life Insurance is a profitable combination of investment and protection cover. These are different ULIP plans from Exide Insurance.

Exide Life Prospering SP

Under this plan, Exide Company offers both investment growth and insurance protection. What are different benefits and features offered by this plan? Have a look: 

• You can get loyalty benefits
• There are six various funds of investments to choose from.
• According to eligibility criteria, the minimum entry age is 0 years, while the maximum age is 75 years.
• Under this plan, you can investor can enjoy unlimited access to different funds and switch between them as you want.
• The premium payment term is a single premium.
• There is, however, no limit on the maximum amount of premium payable.
• You can also enjoy automatic asset rebalancing facility.
• During the policy, partial withdrawal is possible.
• Under this plan, customers can enjoy death benefits, surrender benefits and maturity benefits.

Exide Life Wealth Maxima

Exide Insurance offers Exide Life Wealth Maxima that enables you to build a corpus of wealth and helps you enjoy a high life insurance cover. The plan involves the following benefits and features: 

• You have the option to invest extra money as top-ups
• Under this ULIP Investment Plan from Exide Life Insurance, you get tax benefits, loyalty benefits and maturity benefits.
• Eligibility criteria includes- the minimum entry age is 0 years and the entry age for Maxima child and Maxima family is 18 years.
• The maximum entry age is 55 years for Maxima family, 65 years for Maxima invest and 50 years for the Maxima child.
• The policy term is over a period of 10, 15 and 20 years.
• The premium paying term is equal to policy terms.
• You can pay the premium monthly or annually or half-yearly.
• The minimum premium: monthly is Rs. 4,000; Semi annual is Rs. 24,000 and annual is Rs. 36,000.
• The maximum age of maturity: Maxima Child- 65 years, Maxima Family- 70 years, Maxima Invest- 75 years 

Exide Life Prospering Life Plus 

This is a unit-linked plan offered under Exide Life Insurance Company that comes with flexibilities and multiple investment options. In case of unfortunate events, this policy offers life cover. This plan includes the following benefits and features: 

• The maturity benefits that you get is tax free 
• The plan offers you guaranteed life cover 
• There are 6 various investment funds 
• You may switch between funds anytime you want
• The premium payment mode is both monthly and annually 
• The minimum entry age is 0 to 55 years for Regular Pay and Limited Policies. For any single pay the age bar is between 0 and 65 years. 
• The minimum age of maturity is 18 years for Regular Pay, Single Pay and Limited pay policies. 
• The policy term is 10, 15 and 20 years. 

Exide Life Smart Future Insurance Plan 

Exide Life Insurance provides this plan that offers smart returns on investments along with insurance cover. The main benefits and features of Exide Life Smart Future Insurance Plan are: 

• This plan has three variants- Smart Kid, Smart Family and Smart Invest 
• The minimum and maximum age differ according to plans 
• The two different premium payment options are regular pay and limited pay 
• There are multiple funds that available for investment of your savings 
• The maximum age of maturity is 70 years 
• The policy term is between 15 and 30 years 

The above four Options From Exide Life Insurance help to multiply your investment by many folds. Avail what is best for you and secure the future of your family.

SBI Term Insurance is Best Term Plan

Born in the family of really protective people around? Exploring the wilderness of life by travelling, riding around, and meeting new people, buying new things to live a comfortable life and etc is a catapult weapon for our weary lives. In the middle of all these things we forget to secure our lives financially or from any unforeseen events.

It’s hard for your family to mentally and financially meet the event of your unfortunate demise. But look beyond the hurdles of life and insure yourself with a good term insurance plans.

An SBI Term Insurance plans provides financial security to the family of the insurance holder in order to prevent any mental disturbance in terms of money. Life insurance products by SBI Life are conveniently available on their online website at an affordable premium amount. There are several term insurance plans that are also available on their offline SBI branches at lower premium rates and for women insurance holders and for the ones maintaining a healthy lifestyle. SBI Term insurance plans are available at with various rider benefits in order to cover most of the life risk of an individual’s life. Also, to provide best insurance experience to an individual the company has all the insurance plans eligible under tax benefits Under Section 80C of Income Tax Act 1961.

A term insurance plan is the most convenient form of insurance plan that provides financial security to your family in case of any unforeseen situation to give full coverage of security. In the event of any unforeseen circumstance, the family of the policyholder is dealt with and monetary solidness is guaranteed. Transitory benefits are payable to the chosen one who is typically a relative. An Individual can get a lump-sum sum or combination of lump-sum and monthly sum according to your necessity. There are some insurance companies which additionally provide cover permanent or temporary handicap wherein the policyholder's customary income is disturbed.

Rider Options

Accidental Death Benefit: This SBI term insurance plan provides accidental death rider options by paying the assured sum amount to his nominees in the case of his accidental demise. This assured sum amount is paid as per the plan inclusions.

Death Cover: Under this rider option the SBI term insurance provides the beneficiaries the assured sum amount in a case where the insured individual dies within the policy tenure. However, this term insurance plan does not provide any benefit on the survival of the policyholder.

Free-look period: This SBI Term Insurance Plan provides a free look up period of 15 days to the policyholder in a case where the insurance holders are not happy with their Smart Shield plans. The refunds under this option will be after the deductions of the administrative and medical charges.

Surrender value: This SBI Life Smart Shield term insurance plan provides surrender value on Level Cover term insurance plans and the Decreasing Cover term insurance plans.

**Benefits values on surrender values are applicable only on single premium plan options.

Select the best insurance option for your family and secure them from any life risks which could lead to financial insecurities. Some of the basic factors that should be considered before making any investment move are discussed below:

Reliability of the company
The solidity and the past record of the previous performances of the insurance company is very important factor to be keep in mind before choosing your insurer.  In any sector of rendering service, the company’s reputation is amongst the key points the consumers should consider before taking any service. 

Expenses
Look for insurance plans that are affordable and have least premium cost with higher assured sum amount under the same cover and benefits you are looking for. Select your insurer which gives premiums at a discounted rate specially for maintaining a healthy lifestyle.

Convenience
Out of the wide array of life insurance products provided by the insurance company, people find term insurance plans as the most simplified and conventional form of insurance product that provides enhanced coverage. Buying an insurance plan is a lot more hassle-free since, most of the insurance companies have put majority of their insurance products online, this make insurance a lot more easy to dig.

Enhanced Coverage
Added coverage is an extra benefit provided by the insurers along with their term insurance plans that provides coverage at critical life risks like accidents, critical illness, terminal illness, disability, etc.

Claim settlement ratio
Select your insurance provider that gives higher life coverage along with a good claim settlement ratio. A claim settlement ratio is defined as the number of claims settled per 100 claims received.

Riders
The insurance holder can customize his life insurance products based on his needs and combine extra covers to his insurance plan. The insurance holder can select his riders considering the future financial needs of his family and secure them from any uncertain life risks.

Aegon Life Insurance Aims To Secure The Interest of Your Family With Best ULIP Options

Life insurance plans are fighting for the idea of life security needs and is creating quite a stir in the peripheries of uncertainties of life. Insurance plans aim to bring about a major change for the young and earning segment in India and include them in the catalog of investment and saving individuals. People, when are young, tend to be masters of their own time. According to insurance companies, there are two stages of an insurance individual, one when he is insured and one when he or his beneficiaries make claims. 

Aegon Religare has widened its boundaries of providing insurance services by introducing 5 good unit linked insurance plans that are differently framed to cater insurance and return on investment needs.

To add this, Aegon Life Insurance has renewed most of its insurance plans so that they master in providing insurance services. Aegon Life Insurance Company understands this really well. While the company focuses on best insurance services, insurance holders can freely relax after buying their Aegon Life Insurance plans.

The aim is to try and provide maximum cover maximum insurance claims and take care of the money invested by the individuals. 

For those who wish to enjoy some investment benefits along with a secured life insurance cover, ULIPs are the best investment plans. Aegon Life insurance provides unit linked plans to fulfill these needs of people who want to get insured and have investment benefits. Below are some of the unit linked insurance plans by Aegon Life Insurance: 

• Aegon Rising Star: To ensure that you do not fail to provide any facility for your kid’s education, Aegon Life insurance has formed this ULIP plans to make a god backbone.

• Aegon iMaximize: This ULIP plan is the best investment plans to add good value to your invested money by the time your plan matures.

• Aegon Future Protect: ULIP plan at its best service for your family in case you wish to make direct market investments. 

• Aegon iMaximize Single Premium: Looking for a hassle free single premium ULIP plan? Enjoy single premium benefits with iMaximize Single Premium. 

• Aegon Future Protect Plus: Losing money over taxes? Future Protect Plus is specially designed for the ones who are looking for a tax saving option along with direct market profits.

Advantages of Aegon Life Insurance Unit Linked Plan

Investment with Insurance benefits along with Savings

Aegon Life insurance unit linked insurance plans ensure the twin advantages of getting insured along with enjoying investment returns this provides the enhanced opportunities to save for major life goals. ULIPs are the best option to invest in order to financially secure the future interest of your family. Also, Aegon Life Unit Linked Insurance Plans aid in wealth creation of the ULIP holders. 

Market linked returns

Unit Linked plans are widely segmented into investment benefits and insurance security. Aegon Life ULIP holders enjoy returns over the invested funds into market linked equities of debt funds. The ULIP holder can also invest their funds simultaneously into both the funds on the ration preferred by them. 

Flexibility

Aegon life ULIP plans cater a wide variety of funds options to invest into and further manage them individually.

• Fund switching opportunities to the Aegon ULIP holders based on your needs to match the changing life stage needs. 

• Withdrawal benefits against the units as per terms and conditions, however, further charges are applicable to it. 

• The insurance holders can invest into additional funds under Single premium additions which are above regular premium amount, based on the terms and conditions. 

Common Myths About Unit Linked Plans:

Unit Linked have lower returns: There are various features of unit linked plans to support that ULIPs the best investment plans that provide good returns.

• Long term investment: Unit linked plans are long-term investment plans which gives a regularized returns along with providing insurance coverage. 

• Fund Switching: ULIPs allow you to choose the funds of your choice and switch them smartly.

• ULIPs are overpriced: The unit linked plans are charged as per IRDAI regulations. To put it straight, ULIP plans now have a price cap over their cost hence, their cost cannot exceed a certain amount which is set by IRDAI itself.

Make the best investment choice by choosing ULIP as your investment plans.