Computers & Internet Logo

Related Topics:

rina p Posted on Mar 06, 2017
Answered by a Fixya Expert

Trustworthy Expert Solutions

At Fixya.com, our trusted experts are meticulously vetted and possess extensive experience in their respective fields. Backed by a community of knowledgeable professionals, our platform ensures that the solutions provided are thoroughly researched and validated.

View Our Top Experts

What are the benefits of investment plans? - The Computers & Internet

4 Answers

Thomas ben

Level 1:

An expert who has achieved level 1.

MVP:

An expert that got 5 achievements.

Habit-Forming:

Visited the website for 3 consecutive days.

Hot-Shot:

An expert who has answered 20 questions.

  • Contributor 28 Answers
  • Posted on Oct 17, 2019
Thomas ben
Contributor
Level 1:

An expert who has achieved level 1.

MVP:

An expert that got 5 achievements.

Habit-Forming:

Visited the website for 3 consecutive days.

Hot-Shot:

An expert who has answered 20 questions.

Joined: Sep 24, 2019
Answers
28
Questions
0
Helped
3767
Points
82

There are many investment plan option available in the marketplace. I recommend life insurance is the best option to invest as it protects you and your family in your absence. There are policies which give you lump sum returns in a short period as well.

Kaya Almasi

Level 2:

An expert who has achieved level 2 by getting 100 points

All-Star:

An expert that got 10 achievements.

MVP:

An expert that got 5 achievements.

Novelist:

An expert who has written 50 answers of more than 400 characters.

  • Expert 86 Answers
  • Posted on Apr 24, 2019
Kaya Almasi
Expert
Level 2:

An expert who has achieved level 2 by getting 100 points

All-Star:

An expert that got 10 achievements.

MVP:

An expert that got 5 achievements.

Novelist:

An expert who has written 50 answers of more than 400 characters.

Joined: May 14, 2018
Answers
86
Questions
0
Helped
21338
Points
384

It is said that savings is the income of future. And to save, you need to invest!
And there are plenty of benefits that you can leverage with the savings and investments plan.
It depends on your income and appetite as well. You can take help of any expert also as per your current income and future financial planning. Few plans are named as follows:

    1.Unit Linked Insurance Plans (ULIPs)
    2.Public Provident Fund (PPF)
    3.National Pension Scheme (NPS)

    All these schemes are valid under the section 80C of income tax act, 1961. So, talk to expert and enrol for any savings and investment plan you like as per your income and appetite. Hope that helps.

Ad

Scott Rollins

Level 1:

An expert who has achieved level 1.

Corporal:

An expert that has over 10 points.

Welcome Back:

Visited the website for 2 consecutive days.

  • Contributor 4 Answers
  • Posted on Jun 22, 2018
Scott Rollins
Contributor
Level 1:

An expert who has achieved level 1.

Corporal:

An expert that has over 10 points.

Welcome Back:

Visited the website for 2 consecutive days.

Joined: Jun 21, 2018
Answers
4
Questions
0
Helped
189
Points
18

An Investment plans help you to secure your future by expecting some growth and savings of your funds for future. The distribution efficiency also leads to cost efficiency. Since the customer buys directly from the insurer, the distributor's margin (or commissions) is saved. Also, the entire process is carried in the virtual world and is paperless, reducing the costs further. These savings are usually shared with the customer in the form of lower premiums .

manish pandye

Level 1:

An expert who has achieved level 1.

New Friend:

An expert that has 1 follower.

  • Contributor 1 Answer
  • Posted on Mar 06, 2017
manish pandye
Contributor
Level 1:

An expert who has achieved level 1.

New Friend:

An expert that has 1 follower.

Joined: Jan 18, 2017
Answers
1
Questions
0
Helped
189
Points
5

In one sentence, purchasing insurance online is convenient, fast and usually cost you lesser. The insurers know the potential of this distribution channel and therefore have the entire product range-from life to health, motor and travel-available on the net for you. With click of a mouse you can buy any policy from any corner of the world at any point of time.
Buying Benefits: The distribution efficiency also leads to cost efficiency. Since the customer buys directly from the insurer, the distributor's margin (or commissions) is saved. Also, the entire process is carried in the virtual world and is paperless, reducing the costs further. These savings are usually shared with the customer in the form of lower premiums .
More Insurance company launchs the poduct name starts with like digital name. Bajajallaince also launch resent new product like E-touch ,and online life insurance .

Add Your Answer

×

Uploading: 0%

my-video-file.mp4

Complete. Click "Add" to insert your video. Add

×

Loading...
Loading...

Related Questions:

0helpful
2answers

How can I earn from Fixed Deposit Investment scheme

Whether you can earn from a fixed deposit or not depends on how old you are, and how patient you are. FDs are good for people planning their retirement, preparing a concrete backup plan for emergency needs, and for people who believe in long-term investment.
For example, if you are in your younger days wherein you can undertake a bit of risk to earn a profit, you can go for market-linked securities. However, if you are a person in your early 20s, 30s, 40s and even 50s for that matter; planning their retirement or other inevitable financial needs, or investing just to increase their financial worth - an FD is the best option. It is safe and the returns are guaranteed no matter for how long you invest.
For example, a small sum such as Rs 20, 000 invested in right FD scheme (FD scheme offering the highest ROI such as Bajaj Finance offering a high rate of interest on FD at 8.40% per annum) can fetch exactly double of the investment, given you invest it for at least 10 years (which is the minimum you can think of when talking about long-term investment). You can garner 4 times your investment if you invest the same money under the same conditions for 20 years. To be honest, for someone who is not investing to gain profit immediately can benefit from this.
tip

The difference between fixed and variable annuities

Annuities are available in two forms called fixed and variable annuities. The main difference between the two plans is how earnings are generated and how much risk is involeved in the investment.

Fixed annuities are plans that you can get from an insurance company that have a fixed interest rate for a set period of time. When this period is over the insurance company renews the interest rate an other set of time. Some fixed annuities have a guaranteed minimum interest rate for the life of the annuity. The fixed annuity plans feel safer to some because you know how much interest you are going to be recieveing on your investment.

The other kind of annuity is a variable annuity. In the variable annuity plan you invest your money into a few investment options. The return of these investment depends on how the investments do. Variable annuities have a higher risk than those of variable annuities but can also result in higher returns if the investments do well.

It is recommended that you do your research before making an investment in any plan and talk with a financial advisor that you trust.
on Sep 11, 2013 • Finance
1helpful
1answer

Are there tax benefits to annuity plans?

Yes there are! The money you invest in an annuity plan is not taxed, its tax is deferred. This means that you don't pay taxes on the money now, but when you start to receive your annuity income during retirement it is taxes like a regular income tax.
Sep 02, 2013 • Finance
0helpful
1answer

Is this machine worth buying attachments for it. b c d cams and assorted feet? Cost would be around 50.00

Depends on how much sewing you plan to do, what kind of sewing (embroidery, etc.) and the condition of the machine. If everything else works I would invest $50. The Viking 1 machines are getting old and parts are hard to come by and may be quite expensive. If you plan to do lots of sewing, I would look around at the cost of replacement machines to make the cost/benefit analysis of repair/upgrade. Lots of people still use these machines, especially for quilting. When they are in good condition they are great machines.
Not finding what you are looking for?

199 views

Ask a Question

Usually answered in minutes!

Top The Computers & Internet Experts

Alexander

Level 2 Expert

171 Answers

nexrad_chris

Level 2 Expert

177 Answers

vince

Level 3 Expert

2530 Answers

Are you a The Computer and Internet Expert? Answer questions, earn points and help others

Answer questions

Manuals & User Guides

Loading...