Hi guys, Welcome to the Advanced Video Search Engine, and you are watching Watch this before buying Term Insurance. That video is uploaded by Finance Boosan at 2023-11-17T04:09:48-08:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [MybInIGu29w]
| Name | Watch this before buying Term Insurance |
| Video Uploader | Video From Finance Boosan |
| Upload Date | This Video Uploaded At 17-11-2023 12:09:48 |
| Video Discription | Buy Term Plan & Get Online Discount Upto 10%👇 https://tinyurl.com/3224yf8b Best term plan : http://tinyurl.com/5n7rk4v8 About 90% of viewers likely have some form of LIC policy, usually obtained by their families, but they are mostly useless. Typically, these LIC policies guarantee a sum of 5L for a premium of 30K per year for a coverage period of 20 years, with the insured receiving the money back after the specified duration. The coverage amount may be inadequate, and the same premium can secure higher coverage, making term insurance unique. One can get up to 1Cr coverage with just 6000-7000 per year. Term insurance differs from life insurance in that it has a finite duration. Coverage is valid only for the specified period upon purchase. Unlike some regular insurance plans that return the entire amount, term insurance doesn't refund the premium paid. The expectation of getting back the money is considered greed. Term insurance is essential for breadwinners without sufficient investments to support their families or those with liabilities. It is not necessary for those with enough investments or no dependents. To determine the ideal coverage, calculate 25 times your annual family expense, adding any outstanding loans. For example, if your annual expense is 6L and you have a housing loan of 50L, you would need 2Cr in term insurance coverage. While some may think 1Cr is too high, accounting for inflation shows that it is approximately worth only 25L in today's value after 20 years. Ensure you have ample coverage for an adequate duration; a term extending beyond the age of 55-60 becomes rather pointless. Book 1-1 video call : https://topmate.io/finance_boosan Instagram : https://www.instagram.com/finance.boosan/ Join Learner's Community : https://www.youtube.com/channel/UCmfl6VteCu880D8Txl4vEag/join Other useful links : https://beacons.ai/boosan _______________________________________________ New Account opening links for leading brokers in India : Paytm Money : https://paytmmoney.onelink.me/9L59/of8ow3sl Groww : https://bit.ly/growwNew m.Stock : https://bit.ly/mstockNew Zerodha : https://bit.ly/newZerodhaD ^ leading brokers in India if you're interested in opening a new broker account. (above are my affiliate links) _______________________________________________ #financeBoosan #usefulinformationBoosan Stock Market, Mutual Funds, Investments, Personal Finance, Make Money Online Watch This Before Buying Term Insurance | How Much Coverage You Need? Term Plan Explained MybInIGu29w |
| Category | Education |
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