- 3 DEC 2016
How Life Insurance Can Change A Life's Story
In the 1985 movie 'Saaheb', Anil Kapoor plays the youngest son of Utpal Dutt, who is struggling to arrange for the amount of Rs.50000/- required for his daughter Geeta's marriage. Anil Kapoor then makes the ultimate sacrifice by donating his kidney in exchange for money so as to arrange for his sister's marriage. He makes this sacrifice knowing very well that with this sacrifice, his football career will be over as he will never be able to play for the rest of his life. He will survive on one one kidney, but would not be able to play competitively ever in the future.
The Same Story With A Twist
Imagine that in this story, if Utpal Dutt would've had taken an endowment plan like Edelweiss Tokio Life – Wealth Builder in his younger days for lets say, a period of 20 years. By depositing a small amount of premium every year, he would've been in a position where he could've arranged for the marriage expenses for his daughter and Anil Kapoor would not have needed to donate his kidneys. His football career could've also been saved.
is an endowment plan that gives guaranteed returns on maturity. It also gives guaranteed loyalty additions if you keep the policy going till maturity. Also, there is death benefit in this policy which means that if the life insured meets with an untimely demise any time during the policy period, his family would get the full amount of the Sum Assured.
Although the movie's ending is something that we can't change now, but you can still alter your life's course by investing in Edelweiss Tokio Life – Wealth Builder. Generate a quote today and see how you can plan for those future commitments.
- 9 DEC. 2018
Why Tax Planning Should Be An All-Year Round Activity?
When young, there is a tendency to concentrate more on spending than on investing. Tax planning hits you once your income goes beyond a particular level. You risk losing money to tax that you could have otherwise saved by smart investing. As years go by, you tend to rush at the end of the financial year. The last quarter of the financial year is when quite a number of tax saving instruments are talked about to help taxpayers reduce their tax burdens.read more
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