A life insurance policy is actually a contract with an insurance company. A lump sum amount is provided, in "continuing" for premium payments, known as the death benefits, to the nominees or beneficiaries.
In today's fast paced lives that we live and in a race to excel in everything, we forget one of the most important asset we own I.e our health.
General insurance or non-life insurance policy, including automobile and homeowners policies, provide payments depending on the loss from a particular financial event.
Investing in a Fixed Deposit to grow your saving, with Stability and safety of principle amount.
Systematic Investment plan, commonly referred to as an SIP, allows you to invest regularly a fixed sum in your favorite mutual fund schemes.
Most people are learning about mutual funds as a means of investment. From putting one's money into fixed deposits or investing in real estate, people are becoming aware of mutual funds.