Invest today to give your family the future you promised them

Click to read how you can give your family the future you promised them

An investment scheme is basically a kind of life insurance plan that allows people to save, invest, and amass assets to meet their future requirements. They are created in such a manner that policyholders may build regular saving habits and earn big returns at a time when they may be most needed.

The correct investment scheme, with its customizable features tailored to each individual’s personal needs, may often prove to be one finest investment plans in India. Furthermore, a good investment option includes insurance coverage, which allows you to protect your family’s financial future even if you are not present.

Benefits of the Investment Scheme

As you go through life, you will encounter objectives that are unyielding in nature, such as your child’s schooling or marriage, giving financial stability to a loved one in your absence, or even improving your own lifestyle.

To be financially prepared for a better life for your loved ones, you must constantly plan ahead for the commitments you make. That is why you want a comprehensive solution that can be tailored to meet your financial demands while providing you with peace of mind at the same time. We recognise this and aim to accompany you on this road of keeping commitments.

Saving plans are the favoured investment option for consumers who appreciate the many saving and future-oriented advantages. Here are a few examples of such significant advantages:

1. Coverage + Payouts

Saving plans, which are basically life insurance products, provide much-needed financial support to your loved ones in the case of your untimely death. Aside from the investment schemepayments, this additional advantage of coverage helps financially secure your family in a complete manner.

2. Encourages Financial Discipline

While understanding the value of financial savings is one thing, making them a regular practice in our life is quite another. This is when savings programs come in handy. One of the most significant benefits of investing in an investment scheme is that it pushes you to develop financial discipline in your life.

3. Offers Flexibility

Every person is unique, as are their life objectives and priorities. An investment scheme caters to such disparities in saving goals and provides a broad range of adaptable features that may be tailored to each individual’s requirements.

It also provides alternatives for funds and other investment criteria, as well as conditions and payments. You may also adjust your investing strategy as your risk tolerance, and money requirements change.

4. Helps Save Taxes

Because saving plans are basically life insurance plans, they provide the same tax advantages as conventional insurance plans. Section 80C of the Income Tax Act, for instance, allows you to deduct up to Rs 1.5 lakh from your premium payments.

5. Helps You Meet Goals Efficiently

Certain savings programs are particularly designed to help many people and families achieve some of their most significant life objectives. Some saving programmes, for example, are created as an investment scheme to assist you in saving money and reaching the lofty educational objectives you may have set for your children.

Choosing The Right Investment Scheme

Saving plans, being one of the greatest investment plans in India, are available in a broad range of products and types. To establish the optimal investment scheme for your needs, you must first define your personal objectives and investing preferences.

Create a list of short-term and long-term objectives that will benefit from your saving plan investment. Furthermore, determine your investment horizon and risk tolerance.

Aside from this, you need also to consider the details of the investment scheme you want to use. Consider important elements such as the distinctive characteristics of the saving plan, the flexibility it provides, and extra perks such as add-on benefits.

iSelect Guaranteed Future Plan By Canara HSBC Life Insurance

Looking for a safe and secure way to save for your future? Look no further than iSelect Guaranteed Future Plan by Canara HSBC Life Insurance. This life insurance savings cum protection plan offers you five different options to cater to your needs with Pay or Premium Protection Cover. With tax saving benefits along with an alternate source of savings, this investment scheme is perfect for achieving your financial goals.

You can choose between Pay or Premium Protection Cover, both of which provide you with the security you need to build your savings. Pay Protection Cover provides you with the peace of mind of knowing that you will be paid if you die within the policy period, while Premium Protection Cover provides you with the security of knowing that you will be fully protected should something happen to you.

Here are some of the benefits that iSelect Guaranteed Future Plan By Canara HSBC Life Insurance offers:

Financial protection against life uncertainties: Life cover throughout the policy term.
Get Guaranteed Benefits: Guaranteed Income along with a Guaranteed Maturity Benefit for a financially secure future.
Guaranteed Income Payouts: Guaranteed Income payouts to take care of recurring expenses in the near future.
Boost your Maturity Benefit: Guaranteed additions accrue during the last five policy years to enhance your policy’s benefits.
Premium Protection Cover: Your family’s future will be secured even if you are not around tomorrow to pay your premiums.
Pay as you like: Choose to pay premiums for 5,7 or 10 years aligned to your financial goal.
Tax benefits may be available as per prevailing Tax Laws.

Wrapping It Up

It is never too early to begin investing in a saving plan and working toward significant life objectives. To achieve that aim, you’ll need a dependable and useful investment scheme, like the iSelect Guaranteed Future Plan By Canara HSBC Life Insurance.

This plan offers you five different options to choose from, so you can find the perfect coverage for your needs. With Pay or Premium Protection Cover, you can choose the option that best suits your lifestyle.

Not only does this saving plan offer flexible coverage options, but it also offers tax benefits. By investing your money in our alternate source of savings, you can achieve your financial goals faster than ever before. Check out the iSelect Guaranteed Future Plan today, and start building your financial future the right way.

Leave a Reply

Your email address will not be published. Required fields are marked *