"Saving is great habit but without investing and tracking , it just sleeps" As said by Manoj Arora, From the Rat Race to to Financial Freedom. A good investment plan is a must in today's fast and busy lifestyle where everyone is running towards their dreams. But at the same time being responsible adults, it's our liability to protect our loved once, which are financially depending on us. I belive that the biggest mistake most of the people make is that they do not plan for their retirement & future. To get a financial freedom during our hard times we need to pay a price ( ie , the premium) but trust me its far lesser than what we pay for our lifetime enslavement.
To help us in investment & future planning, the joint venture of Canara HSBC Oriental Bank of Commerce Life Insurance Company – CHOICE has launched a part protection and part investment plan. This plan provides protection features through different benefit options to suit your needs. This plan provides you the double benefit of securing your life as well as investing in the underlying funds with the opportunity to make potential market returns. And the life cover provides security to your loved ones. Simultaneously, it offers you the opportunity to plan for your life’s milestones. Overall, this plan is not only the value of money investment, also providing you a choice of opting the protection suitable for you.
As per CEO Anuj Mathur who is also the whole-time director of Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited , We have launched iNVESTSHIELD plan with objective of helping investors in wealth accumulation and protecting one's family needs, especially for young parents, as in case of any unfortunate event, the product offers policy continuity without payment of any future premiums. With the introduction of #Investshield, we have further expanded our online footprint and now offer solutions for both protection and investment needs through the online platform."
Main features of Canara HSBC Oriental Bank of Commerce Life Insurance iNVESTSHIELD Plan:
- Flexibility to customize the plan as per requirement of an individual.
- Zero Premium Allocation Charge.
- Loyalty Additions for additional allocation of units to boost the retirement fund
- Choice of Investment Funds ranging from 0% to 100% equity exposure, to match one's risk appetite
- Premium waiver benefits option.
- Safety Switch Option
- Liquidity through partial withdrawals to help meet unplanned financial needs
- Tax benefits on premium paid and benefit under Section 80C and Section 10(10D), as per the Income Tax Act, 1961.
Most unique feature of this plan is that it is available at your fingertips! The customer can easily buy this plan online and avoid the trouble of going through a cumbersome process and get insured directly. Follow the below steps to apply:
The planning for investment & life Insurance should be one of the first thing when someone is thinking about the security of their loved ones & their future. Lets pledge today that we will plan for our future on priority with the help of Insurance & proper financial investment.