Regular Income Continues
Your first priority should be regular income so as you can carry day to day expenses.
Inflation Cover is ON
Inflation is still on work hence do invest in inflation linked products.
Adequate Health Insurance
Ensure you have enough medical cover considering medical inflation.
Estate Planning by Will/Trust
Ensure Nomination in all investments..
Also make will/ Trust to safeguard survivors interest.
Liquidity for contingency
Maintain decent liquid investments to take care of contingencies.
Legacy for Next Generation
normally all assets will be transferred to nominee overnight, so do thing of Perpetual gift to 2nd or 3rd generation.
Start for Planning at earliest
Time is best friend of investor, so plan for retirement at earliest.. i.e when you start earning. This will ensure that you have enough by the time you retire..
What to Avoid ?
Financial Mis-Adventures
Viz. Multilevel marketing schemes, Trading of equity, commodity, currency or other products without knowledge & experience.
Non-Linear Benefit Schemes
Schemes offering high returns, Chain marketing, Agencies of Poor quality products/ unbranded health products.
Unregulated Schemes
Crypto currencies, online marketing of untested/banned products.
Financial Decisions on Emotional grounds
Distribution of wealth before death especially without keeping much for yourself.
Disproportionate illiquid Investments
Buying 2nd Home without considering liquidity & practical use, availability of health & other support services at 2nd home.
Buying a Shop/property for grand-child who is not even born.
Scheme Bias Investing
Investing in schemes with bias mentality rather than practical requirements.
Unplanned Investing
Investing without planning & then churning for invalid reasons.
Invest Rs.1,67,040/- Yearly for 5 Years & Get Rs. 10 Lakh at Maturity
- Guaranteed Returns
- Hedge against falling interest rates.
- No TDS
- No penalty for non contribution of future instalments
Click here to find maturity amount table
Maturity Table of Recurring Account. You may opt to pay on Monthly or Annual Basis. Annual Contribution is eligible for Discount.
| monthly | rebate | annual investment | maturity amount |
| 500 | 200 | 5,800 | 34,851 |
| 1,000 | 400 | 11,600 | 69,694 |
| 1,200 | 480 | 13,920 | 83,635 |
| 1,500 | 600 | 17,400 | 104,544 |
| 2,000 | 800 | 23,200 | 139,392 |
| 2,500 | 1,000 | 29,000 | 174,240 |
| 2,700 | 1,080 | 31,320 | 188,179 |
| 3,000 | 1,200 | 34,800 | 209,088 |
| 3,500 | 1,400 | 40,600 | 243,935 |
| 4,000 | 1,600 | 46,400 | 278,783 |
| 4,500 | 1,800 | 52,200 | 313,631 |
| 5,000 | 2,000 | 58,000 | 348,479 |
| 5,500 | 2,200 | 63,800 | 383,327 |
| 6,000 | 2,400 | 69,600 | 418,175 |
| 6,500 | 2,600 | 75,400 | 453,023 |
| 7,000 | 2,800 | 81,200 | 487,871 |
| 7,200 | 2,880 | 83,520 | 501,810 |
| 7,500 | 3,000 | 87,000 | 522,719 |
| 8,000 | 3,200 | 92,800 | 557,567 |
| 8,500 | 3,400 | 98,600 | 592,415 |
| 9,000 | 3,600 | 104,400 | 627,263 |
| 9,500 | 3,800 | 110,200 | 662,110 |
| 10,000 | 4,000 | 116,000 | 696,958 |
| 10,500 | 4,200 | 121,800 | 731,806 |
| 11,000 | 4,400 | 127,600 | 766,654 |
| 11,500 | 4,600 | 133,400 | 801,502 |
| 12,000 | 4,800 | 139,200 | 836,350 |
| 12,500 | 5,000 | 145,000 | 871,198 |
| 13,000 | 5,200 | 150,800 | 906,046 |
| 13,500 | 5,400 | 156,600 | 940,894 |
| 14,000 | 5,600 | 162,400 | 975,742 |
| 14,400 | 5,760 | 167,040 | 1,003,620 |
| 14,500 | 5,800 | 168,200 | 1,010,590 |
Long Term Tax Free Income options
- Pay premium for selected period
- Guaranteed Income for Assured Period. (Tax free as per current Provisions)
| Premium Paying Term in Years | Annual Premium | Benefit Payable For Years | ||
| 30 | 25 | 25 | ||
| 8 | 1,00,000/- | 70,000/- | ||
| 10 | 1,00,000/- | 98,000/- | ||
| 12 | 1,00,000/- | 1,41,000/- | ||
| Benefit @ Maturity | 8,00,000/- | 10,00,000/- | 12,00,000/- | |
Short Term Tax Free Income options.
- Regular Premium payment for selected period
- Guaranteed Income for Defined Period (Tax Free as per current Provisions)
| Premium Paying
Term in Years |
Annual
Premium |
Benefit Payable Period in years | ||
| 8 | 10 | 12 | ||
| 8 | 1,00,000/- | 1,65,000 | ||
| 10 | 1,00,000/- | 1,80,000 | ||
| 12 | 1,00,000/- | 2,00,000 | ||
Here is a Guaranteed Life time* Income Option. This plan offers guaranteed income till 100 years of Age.
All benefits are payable from end of premium paying term.
Min age @ entry is 90 Days
Best gift to your Child…
| Premium Paying Term in Years | Annual Premium | Benefit Payable till 100 years of Age | Benefit @ Maturity |
| 15 | 1,00,000/- | 1,10,000/- | 14 Lacs + Bonus |
| 20 | 1,00,000/- | 1,60,000/- | 20 Lacs + Bonus |
| 25 | 1,00,000/- | 2,24,000/- | 28 Lacs + Bonus |
| 30 | 1,00,000/- | 2,80,000/- | 35 Lacs + Bonus |
Actual benefits may very as per parents age & opting of premium waiver option.
Premium waiver option is highly recommended with this policy.
To ensure a wonderful post retirement life adopt a mix of schemes offering regular income, inflation linked returns, health cover, liquidity & tax efficiency.