Saturday, December 5, 2015

ONLINE TERM PLANS

 
ONLINE TERM PLANS


have misconceptions about these insurance plans, says Babar Zaidi Though they have become popular in the past two years, many customers

Premium Isn't a Worry

The low premium rates of on line term plans make many apprehensive. The premium is low due to two factors. One, there is no intermediary. Two, the buyer is perceived as low risk as he is educated.

Servicing is the Same

The online cus tomer receives the same quali ty of service from the insurance company as any other client. The difference is only in the channel through which the policy has been bought.

Premium can Change

The quote is based on the assumption that you carry normal risk. When you submit your details and pay the premium, the cover starts, but is subject to your medical tests and actuarial screening.

Remember to Renew

With no agent running after you for renewal, there is a good chance that the customer will forget to renew his insurance. Once the policy lapses, you will have to buy afresh at a higher premium.

Don't Hide Facts in Form

Not revealing crucial facts relating to health, social habits and existing policies can jeopardise your cover. If the insurer finds out that a policyholder concealed information, the claim will be rejected.

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

Invest in Tax Saver Mutual Funds Online -

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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