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@sandeepjhn3 жыл бұрын
One time entering number in policy bazar site.. they will disturb you life time by calls and SMS
@devanshu_daga3 жыл бұрын
Same Here :(
@chaiwalat70573 жыл бұрын
They are the one who care about you most...
@rahdk3 жыл бұрын
Not only by them, They share your data to N number of insurance company and started getting call from those companies as well.
@abhishekagrawal99503 жыл бұрын
Bro..so true..i am fed-up with their calls..their executive says that if you dont want to buy any plans, dont visit the app.. i mean wtf..if you have given us a portal to see and check policies, then how can your executives give this kind of answer..i am thinking of mailing top management regarding this..
@ananthmakam50513 жыл бұрын
Same here they are calling me again and again. I am a financial advisor even after saying this they are still calling me. I just gave my details to see what is there in that site.
@ankitaneja3 жыл бұрын
Labour law advisor - This channel has done amazing analysis on term life insurance. Sadly this video disappoints me, where Rachna didn’t touch many dark horses in term plans.
@swethacima42663 жыл бұрын
Could you please address them?
@prejithalex48373 жыл бұрын
To whoever is reading this, never ever ever buy ULIPS , no matter what rosy picture the relationship manager paints, they will aggressively sell it but don't buy it
@kjkpradeep3 жыл бұрын
That has been changed now ulip is low commission product normal life policy have more commission . Now most of agent sell normal policy only .
@ramangupta93363 жыл бұрын
Plz make video on health insurance company--"Star health insurance" . I am having doubt on this company. It was doing scam with customers please check 🙏🙏🙏🙏🙏🙏
@ajaysinghdhama3 жыл бұрын
That's what I'm trying to make my colleagues understand, but they still fall in this trap. ULIPs are neither a good insurance policy nor a good investment options. Say no to ULIPs or endowment policies.
@saviolicious53 жыл бұрын
@Ranjith consider it an expensive life lesson
@cheongwee6143 жыл бұрын
,,,,
@debendranandi41383 жыл бұрын
Term insurance is very essential... The current generation should give the highest priority to this before anythingelse... Stacks and trading come much later... Thanks, RR ma'am for this video. 🙏 🙏 🙏
@Anonymous_it_isАй бұрын
What is stacks??
@raworks82383 жыл бұрын
Guys if policy bazaar spams you kindly mail to them with PMO or consumer forum e-mail address in CC they will definately stop the spamming I did the same
@makesyoulaugh22 жыл бұрын
wow.I am addicted to your videos and have been binge-watching your videos. Thanks ma'am for amaging lessons which by the way are so simple to understand.
@nssachin3 жыл бұрын
Thank you 🙏. Can you make a similar video on what parameters to check and look while selecting a health insurance.
@DKeshavgehlot3 жыл бұрын
Yes very important
@tusharkale48553 жыл бұрын
That would really be helpful
@imunique59283 жыл бұрын
Yess this is important
@abhishekagrawal99503 жыл бұрын
Considering your age at 25 years, you can get a cover of 25 lakhs, a premium of ehich might come to around 6-8 thousands, just check claim settlement ratio of it, check how long is the waiting period for all types of deseases (eg:- covid and some deseases have a waiting period of 1 month, critical disease have 2 years, and pre-existing disease is 4 years), do check this, and also check how many cashless hospitals are there in your city where this policy will work..well i guess you can also check entire chronic disease list also..these all things i considered while buying my health insurance..maybe this will help u alot..thanx🙏🙏
@ananthmakam50513 жыл бұрын
It will great if you make video on health insurance
@wesleybates91112 жыл бұрын
Very detailed and informative video. You defined all things in one video. Thanks for sharing. Love your way of making a videos! Keep sharing such great things.
@anshnoor64073 жыл бұрын
The best thing about her is that her intentions are so pure... She really wants our country to be financially literate... Much respect mam
@ujjwalnayak29283 жыл бұрын
@@user-kn6vg5bs3i mam if I want to calcuate EV ,which "minority interest" have to use.there are two minority interest exist,one in the balancesheet and other in the p&l statement.please answer.
@sudarshankshirsagar45683 жыл бұрын
Yeah ... She should make her paid courses free. See I can't afford those
@nh46352 жыл бұрын
Policy bazaar also takes commission so it's no different
@nh46352 жыл бұрын
But yes rachana mam is very good in her presentation
@alexchristopherj64663 жыл бұрын
Waiting to hear about Health Insurance as well mam !
@maybeabhiknows7503 жыл бұрын
I've various questions regarding Term insurance. Please do a deep analysis of term insurance in part 2. What kind of deaths are covered? Which is the best way to pay the premium? For how long you should take the cover? LIC vs Private firms Not only the settlement ratio is important. What to look ahead in the company? In what cases claim may get rejected.
@shubhammaheshwari71393 жыл бұрын
Your disposition and way of presenting videos are most amazing. I am also CA and I look upto you as an inspiration. Wish I can be even half like you, keep it going and best wishes for your good health.
@jagpreet3 жыл бұрын
My experience was not good with policy bazaar, my suggestion is to get policy directly from the insurance company after comparing them.
@arnavkhandekar1663 жыл бұрын
Can you please tell more, I also want to purchase a policy and was thinking about policy bazzar
@navneet26493 жыл бұрын
Can u pls elaborate on ur bad experience?
@jagpreet3 жыл бұрын
I was getting calls initially when I was looking for new policy, but after the process initiated, nobody cares about my queries. I cancelled my policy after not getting proper support, I am sharing these details based upon my experience, I am not sure about others. Now recently I applied for HDFC Life (not sponsoring), and I had great experience with all the support related to policy. I can contact them easily with email OR by calling on their number directly, I am getting better response. Disclaimer : Again I am sharing these details based upon my experiences, I am neither sponsoring nor defaming any brand. Please do your research properly before applying.
@shaundeena3 жыл бұрын
Yes true.. Just one more thing .. for term and even endowment.. you have to make sure you pay till full term.. if it is not in-force then Company no need to give full benefits.. in case of term insurance I have seen it plenty of times .. people miss the premium and claims rejected..
@vruddhifinancialservices4243 жыл бұрын
One very important point to add in this valuable information. How much insurance i should have? One must calculate all the liabilities in annual income (total liabilities + annual income * 15times)
@rohitsoni93253 жыл бұрын
insurance company won't approve more than 20 times your annual income even if you have loans or other liabilities
@prejithalex48373 жыл бұрын
Ma'am which life insurance stock is good for long term- HDFC life, icici prudential or SBI Life?
@Soumyadip-Ghosh3 жыл бұрын
Alert ❗ paid promotion from "policy bazar" 🌚
@dipeshgor70903 жыл бұрын
Good information to create awareness. Make a part 2 on what could possibly be the rejections of Term Insurance settlement claims.. Also if possible make a distinguish between Advantage and Disadvantage of Term Insurance.
@srikanthningappa95932 жыл бұрын
You have to declare your health condition promptly. So no rejection will happen.
@kushithvlogs9437 Жыл бұрын
Good question bro
@soumyaa5855 Жыл бұрын
Thank you soo much Rachana for throwing light upon this topic. You explained in very simplest way❤️
@SYBMSAMADAVIDISHA3 жыл бұрын
worth watching and accurate could you make a video on basic terminologies related to insurance??? it would be really helpful for beginers to understand what exactly each word mean.
@VishalKumar-td1uf Жыл бұрын
Policybazar waale cares much more than your closey by keeping regular calls and SMS 🥰🥰
@sameehanphatak45603 жыл бұрын
Fantastic content as always :-) You make a great point by clicking on yes for the smoke/chew tobacco question. Many often ignore the good faith disclosure requirement, the heart and soul of insurance contracts. The tendency is to blindly click no on the health related questions (usually the diabetes and hypertension part, Lol). If that happens, the outcome is often : CLAIM DENIED!
@jayabiswas65313 жыл бұрын
Hello I deal with HDFC Life Insurance Term Insurance as well as endowment...If you need then pls give a reply to this comment and give me your number. Our company will contact you
@vipulkataria3 жыл бұрын
Finally a good paid promotion video by you We need more videos of this type instead of ULIP type videos
@srikanthningappa95932 жыл бұрын
No investment is bad. But your thinking of discontinuing is bad. If you don't love ulips traditional plans will suit you. Including term insurance. For every investment commitment is important.
@apurvabidaye29243 жыл бұрын
totally worth watching🔥 in just 13.24 minutes you providing so many details❤️👏👏for presentation style and detailed content, analysis👏👏👏👏👏
@ankushsv883 жыл бұрын
Well, A perfect piece of marketing for some portal and also some company with a huge commision and personal benefit. It's clearly sales in indirect way. Also talking about claim settlement and premium comparison on the page displayed it was a clear win for MAX LIFE. 🤔Then why choosen other ? Well only Rachna can answer that.... 😆😆 Aside, I love your topics and studies. I have seen most of your videos on several other topics but now you are making it more commercial it seems. And it's my personal opinion do not buy from any website instead buy from a Bank channel or an individual. Regards AV
@vibrantt_shadess3 жыл бұрын
Content tar useful ahech🔥👏 But editing/animations pan Mast ahet😄👌
@NehasVlog013 жыл бұрын
Term insurance चा premium शॉर्ट टाईम मध्ये ठेवला तर काही प्रोब्लेम नाही ना ? म्हणजे मला ७५ वर्ष , ८० लाख हा प्लॅन घेऊन ५ वर्षा मध्ये फेडायचा आहे, तर काही problem नाही ना ???
@mangeshdevikar3 жыл бұрын
Great video as usual. I am sure many people will follow your steps and will check policy bazaar to find out best insurance for them. I just wished you would have mentioned about Incurred Claim Ratio also and not just Claim Settlement Ratio
@vishalkulkarni58403 жыл бұрын
Hello Ma'am, I have a question about Insurance Cover. You said that the minimum amount we go should go for is 10 times the yearly income. But shouldn't we consider inflation too? Cause considering a life cover of 30 years or any no of years, inflation will play major role in evaluating the value of insurance cover one has. Please shade some light on this matter.
@jayabiswas65313 жыл бұрын
Hello Vishal Sir I deal with one of the best insurance company that is HDFC Life. We have both term plan as well as endowment plans. If you need any of them or have any queries then please comment me you number our company will contact you
@srikanthningappa95932 жыл бұрын
10 times is minimum. Or your can cover upto 20 times of your income. It depends how much we want to secure our family.
@shubham9432 жыл бұрын
@@jayabiswas6531 Hi bot 🙋
@akawaveman3 жыл бұрын
Can you please make a video on dhani services? Mainly regarding its recent fall and future plans.
@sortingshorts52213 жыл бұрын
Thank you for providing such wonderful info, it would be very kind of you if you could make a comparison video explaining various types of insurance
@stefinaweasley15142 жыл бұрын
Thank you a lot for this video. This is very interesting and informative. Keep posting like those amazing videos, this is awesome.
@shafiqali20343 жыл бұрын
Hi Rachana please talk about Suez canal block. How it gonna effect our shtock market!
@kurdukarajinkya3 жыл бұрын
One suggestion. NEVER I repeat NEVER purchase insurance from online market places.
@vaibhavshetter90853 жыл бұрын
Why bro
@kaustubhshirname60493 жыл бұрын
@@vaibhavshetter9085 because insurance is not something which is meant to buy online. If you purchase pen online it's okay But if you purchase insurance online After your death who is going to come to your family and fight for their right and claim settlement. One more thing bro Never take insurance from private company. Always take insurance from LIC. you will get 100% claim
@rushikeshravte15933 жыл бұрын
Hi Ajinkya, I am Insurance advisor giving all services in personal touch based in Pune. If you're interested to know more people reply i'll share my contact details. Thanks!
@pranavthakkar67863 жыл бұрын
@ajinkya kurdukar bro the nominees just have to call to policybazaar and the executives will do A to Z process for claim settlements. Please stop misguiding people.
@rushikeshravte15933 жыл бұрын
@@pranavthakkar6786 Absolutely agree even offline advisor also do that just need to inform. He will take care of everything.
@foramrajgor24103 жыл бұрын
Very helpfull i am searching for this type of video thank you.
@arnabmandal1487 Жыл бұрын
You are doing a great Job , Rachna making us financial literate
@HiddenELF1243 жыл бұрын
Could you kindly cover the analysis of Parle's share, initially it was 300 per share but after so many years now it is only 8Rs per share. Can you do a breakdown on this🙏
@rohitsoni93253 жыл бұрын
You know naa this Parle is not the biscuit wala Parle. Parle (Biscuits) is not listed.
@bhushang85253 жыл бұрын
Claim settlement ratio only provides raw data to check insurance company's performance and credibility.We need to study other ratios too, like incurred claim ratio etc.. Also, we need to consider last 5 years performance. So,in short, we can not trust fully on such online intermediaries as they have to fulfill their target and all that stuff.Better to read various personal finance blog.
@zoommeeting37283 жыл бұрын
I am 21 yo and will start earning by Sept 21 I saw a video by Sandeep Maheshwari before and that day I decided the frist thing I will buy with my salary is an insurance. Because my father is 50yo. At age of 49 he got a term insurance. His premium is 55k per year. 1cr sum upto 85yrs. If I remove not my premium is 12k with 1.5cr upto 100yrs. This is just great!!!
@rohitsoni93253 жыл бұрын
Wait wait! If you started earning, then your father might not need insurance (ofcourse, if you dont have any loans). Also, Only because premium is low, don't over-insure yourself. While taking insurance, ask yourself these two questions: 1. Till what age will your children be settled (started earning)? => This will decide your term. 2. If you die then how much will be required to continue your current lifestyle for 20 years (or 10 years)? => This will decide your cover amount.
@rishidv8453 жыл бұрын
And by the time ur 70 1cr will not remain 1cr it will be like 5 lac after 50 years dude. 50 years back people would have taken term insurance for 10 lakhs as it was huge amount in 1970s but now u see. I hope u understand. Chose a higher premium. The higher the premium the better it is. And don’t delay it as premium increases
@DKeshavgehlot3 жыл бұрын
Thanks for such a informative video, I requesting you to make video on life insurance companies valuation like embedded value, APE, VNB, NBP etc., because for beginner like me that would be easy to analyse insurance companies 🙏🙏
@praveen89783 жыл бұрын
pls start video making sessions as well, swag level when you dusted off your hands :D
@jubibenny79883 жыл бұрын
If we took term insurance no need of health check up. I like to buy for my husband his age is 55 now
@Jeetendra.12223 жыл бұрын
Contact me for shreeram health and life insurance etc
@sanjeevkumarr46863 жыл бұрын
I was waiting for this video ever since I watched your first video
@arunprathap703 жыл бұрын
Hi Rachana...your VDOs are extremely good and Informative to folks who are on the lower side of the knowledge in financial planning. Kudos to you. I have one request or a clarification. I am 50yrs turning 51 next month. I already have a Term Insurance with Av*** for 50lakhs, I have a health Insurance for 5lakhs (Personally) and 5 lakhs(Via my office). But I am skeptical that 50L Term Insurance is insufficient. Should I add another 50L Term Ins and If yes, can I choose another Insurance Provider or ask for top-up from Av*** Only. Is it allowed to have Insurance from Multiple providers for a single individual. Thank you So Much and waiting for direction from You. Thanks
@kriteshlokwani86973 жыл бұрын
Hii ma'am good evening, big fan from UAE🥰
@mkeerthana4513 жыл бұрын
I am unable to purchase your student membership can u please put some more payment methods like phonepe, amazon pay . please mam
@jeevanjr90863 жыл бұрын
We appreciate your research work and presentation
@riteshgupta87383 жыл бұрын
Thanks for making the Video. Best information shared about Term insurance within 15 minutes. Kindly make this video in Hindi also.
@paikamalpai20013 жыл бұрын
6:01 you brought a smile on my face
@alamgir31203 жыл бұрын
Today only i was doing research on these topics to buy one. And you made a video on this. What a coincidence. I am lucky.
@kaustubhshirname60493 жыл бұрын
Bro please don't buy insurance online
@kaustubhshirname60493 жыл бұрын
Contact any insurance agent nearby And remember always take insurance of LIC not private companies
@NH-il9qt3 жыл бұрын
@@kaustubhshirname6049 agree. They have limited and promoted products. And they also take commission from the company
@Jeetendra.12223 жыл бұрын
Agar aapko shreeram life insurance lena ho to contact me
@SaravanaKumar-bk5uf3 жыл бұрын
@@kaustubhshirname6049 lic is also privatised bro
@sagarsircilla2 жыл бұрын
wonderful presentation...compact , comprehensive information
@soundhars4243 жыл бұрын
Very Worthy Content... Excellent Teaching...👩💻👩🏫🕵️
@sharmilagatkal4473 жыл бұрын
I can't believe boring topic such as term insurance can be explained in such fun way... 😅excellent explanation
Mere coincidence that I choose my term plan from policy Bazar last year and today was my 2nd premium date 😀
@GokulKrishnaKM-cx7px3 жыл бұрын
Will term insurance cover only for death ? Or hospitalisation also?
@robin024030223 жыл бұрын
@@GokulKrishnaKM-cx7px only for life (death coverage)
@narendrakv93623 жыл бұрын
In Term Insurance, if you have selected option of premium return, with a minimal payment you will get back the entire premium paid for the whole term if the person still lives after the insured term.
@rajathkumar36763 жыл бұрын
Hi, what’s your opinion on buying 2 insurance plans of 50% each of sum assured from a different insurance company? Apart from paying little extra premium.
@vigneshelangovan41023 жыл бұрын
One thing you have missed to say as one person is single and has no parents he will definitely need insurance once he married and blessed with a kid .so as young purchasing term plan is good
@tejithapar50763 жыл бұрын
Thanks for the inputs on life insurance... Would request you to cover medical insurance also... Thank you.
@mechiansstories50993 жыл бұрын
Medical insurance free with term insurance
@avishekarang3 жыл бұрын
What all points to consider, while opting for multiple term insurances?
@RohitKumar-fh5dv3 жыл бұрын
thanku mam for giving us knowledge+ video editing skills😍😍
@sanganabasvarajvithalrao12263 жыл бұрын
Very nice video but i felt ended abruptly, as I was expecting you will cover T&C of insurance and what care we have to take while declering self details. I have few questions and felt you are right person to answer. Which is better ? buying via pilicy bazaar or direct company website? In othyer words will there be any hidden commission be taken by policy bazaar? also if we are taking via policy bazaar, will my family have policy bazaar support in case company is trying to reject claim for not so valid reason Also I have 2.5+2 crore Term insurance (including 2 cr accidental rider) so is it safe to have big sum by single company? i heard if sum is big then companies put more effort to reject claim. If i take from more thna one companies then my premium is going high...
@digsawai Жыл бұрын
Kis company ka liya sir aapne term insurance...aise hi pd rhe the comments.. to puuch liya...m b lene ki soch tha hu kuch dino se
@sanganabasvarajvithalrao1226 Жыл бұрын
@@digsawai as per the Amount settlement ratio and premium to be paid, I feel max life, TATA AIA and ICICI Prudential are better in private and LIC's eTech term is better so took from all 3 private players to minimize risk instead taking from single company
@navinbalani93793 жыл бұрын
Do you think a medical test report should be submitted while taking the policy as I heard that these insurance companies make obstacles in paying if there is a death by health issues after taking the policy.
@srikanthningappa95932 жыл бұрын
Medical is must. Please follow medical steps so that Rejection can be avoided.
@saleemnadaf603 жыл бұрын
Hi Rachana. Thank you for the video on Term Plan. What I see is still many people do not understand the importance of term plan. Three years back I took a term plan for 50 lakh with LIC but the premium is very high, almost double the amount in comparison with the term plan in private companies. I am planning to switch over to private company term plan through policy bazar because with the same premium I am getting double the amount of sum assured. Please help me in understanding will it make any difference in buying it from LIC and through policy bazar in private insurance companies.
@sushrutathale90153 жыл бұрын
Do you recommend Term insurance with return of premium? Are there any pitfalls? Thanks!
@anandprakash66113 жыл бұрын
Thank you for the useful information ma'am. I request you to make a video on LIC telling us whether and how much we should invest in it, it would be really helpful.
@jayabiswas65313 жыл бұрын
Hello Anand Sir I deal with one of the top rated company that is HDFC Life. We have both Term as well as Endowment plans. If you need any of them or have any kind of queries then please leave your number in comment box, our company will connect with you
@srikanthningappa95932 жыл бұрын
Investment 10 to 20% Of ur savings in insurance is must. Every product are good.
@anupss983 жыл бұрын
Bought term insurance yesterdya itself and started a new job 2 months back😂
@vruddhifinancialservices4243 жыл бұрын
Be aware about the failure in service and mis selling by portal, after all it is also a corporate agents
@nileshgarg76083 жыл бұрын
On this accounting closing day, let us thank hardworking minds that will pull of the task of analysing all the graphs, charts and data for the financial wellness of common people 📊 📈 📕 📝 🙏
@navneet26493 жыл бұрын
@10:02, mam telling that she earns 10 lakh p.a. in earlier part of video for example but here she chooses 15 lacs + with a smile on her face! Love ur innocence mam😂😂😂❤️❤️
@AllOverToronto3 жыл бұрын
What about do you smoke or chew tobbaco? That too look like an honest answer? @10:00
@brahmanandjha14313 жыл бұрын
Hello madam, this was a wonderful informative video about life insurance. I want to ask something related to this: If I buy a term insurance plan from any insurer and unfortunately the company gets shutdown in the middle of term then what happens to my insurance policy, will it be active or not for the entire term?
@kmbala5553 жыл бұрын
I hope private players will increase premium if they get some loses. So they will not go bankrupt. IRDAI is the regulatory for insurance providers. If a Company wants to start providing insurance, then it needs to be registered by paying 500 crores. If a company shows very poor results, then I think IRDAI will merge that to other insurance player or other player will take all existing policies. If you want more details, check out IRDAI website.
@brahmanandjha14313 жыл бұрын
@@kmbala555 Thanks for the information!
@kaustubhshirname60493 жыл бұрын
Always take insurance from LIC bro
@srikanthningappa95932 жыл бұрын
Usually Companies don't shut doors. Either they will merge with other company. If they can't manage the show.
@tusharu91073 жыл бұрын
Hi Rachna, do we need to opt for riders while purchasing the term plan, is it beneficial to have health rider or health insurance in this case
@harishratnaparkhi18743 жыл бұрын
Excellent as usual. खूप छान. अभिनंदन।
@sushant_kharat3 жыл бұрын
1) Claim settelment ratio 2)Amount Settelment percentage 3)rejection ratio(max 1) 4) AUM 5) Solvency ratio (min1.5)
@saviolicious53 жыл бұрын
@@user-kn6vg5bs3i ?
@chetzful3 жыл бұрын
Hello MA'AM can you please make the second part of this video where the insurance company may reject the claim for so & so reasons.
@kaustubhshirname60493 жыл бұрын
Private companies reject claims bro
@kaustubhshirname60493 жыл бұрын
Always take insurance from LIC
@srikanthningappa95932 жыл бұрын
Your habits like smoking or having alcohol or had previous surgeries should be declared promptly. Hence Claim Rejection will not happen.
@rameshjangadi1318 Жыл бұрын
This video can give some knowledge regarding why one requires or need insurance. When one buys term insurance online (as you suggested in this video) that to without medical and not knowing what are all the exceptions in Term policy. Then when the unexpected things happen then only the nominee knows how many big coverage policies are settled by different companies. Before buying any Term insurance for one crore and above please do check the settlement ratio of different companies track record in that category. I as a Life insurance agent strongly suggest to buy a Term insurance plan without any exceptions (with medical) even though it is costly.
@TauroChuck2 жыл бұрын
Rachna.What you have explained is what is available and understandable easily.What I wanted to know was when there is a base life-ins-Premium(which says it covers death).Why accidental death topup premium again. Endowment policy doesnt differenciate illness and accidental death
@Mohit-nn9bt3 жыл бұрын
I think Amount Settlement Ratio Matters too with Claim Settlement Ratio.
@rushikeshravte15933 жыл бұрын
Rejection ratio is also important
@lifeenjoy.3 жыл бұрын
Hi Ma'm, I really love the efforts you put in all the videos. I am 26 & I did get a term insurance last year but i still would like to here your thoughts about it. I have few question about the term insurance: 1) What are the ideal additional riders one should opt for? Like personally i haven't added any rider options as no one is dependent on me in my family for money. 2) My current benefits cover me for 45years & i have opted for annual premium for just 10years(Is this really a good thing to do compared to paying annually for the whole term? 3) The most imp question i have: Statistically speaking, What kind of claims are really accepted? like if i have not taken extra riders (accidental death, critical illness) what exactly is my insurance covering in this case?? Is it really worth it? am I overthinking this?
@rohitsoni93253 жыл бұрын
1) You should have chosen disability rider which will insure you if you get a permanent disability but did not die as in this case also you probably won't be able to continue working. Also, you don't have to look for dependents at the current time but plan for dependents in future like your wife or children. 2) Generally its advised not to chose paying for lesser term than your cover benefit as over the time due to inflation premium will be negligible after 20-25 years. and yes its better to take term plan than whole life plans. 3) Simply, if you die your nominee will get the insurance amount. Here, die literally means DIE. Nominee wont get money if you are critically ill/ severely handicapped or any other situations). There are only two conditions:1. Your death should not be because of Suicide or drunk driving. 2. You should have declared everything truly. (Notify your lifestyle changes like started smoking/drinking.. they will increase some amount in your premium but you will be covered else when nominee tries to claim this they will find that you smoke/drink and didn't told them and they'll reject the claim. other than this, you are all good!
@lifeenjoy.3 жыл бұрын
@@rohitsoni9325 Thank you for taking time & replying me, I really appreciate it. I still have some queries over you answers. 1) what is the probability of a person getting disabled? Personally, I am an IT professional who will be spending most of his life starring at a screen, so i really don't see a point in opting for that option but i will definitely plan for dependents cover in future. 2) I am sorry i did not understand your calculations here. Here's an example.. 75lacs cover for 45years, the premium will be around 7.5k/p.a for 45years i.e *total 3.4lac* or 16.8k/p.a for 10years i.e *total 1.68lac* . Isn't the 2nd option of payment more beneficial even when you consider inflation? 3) My concern here is how commonly a person dies with critical illness?? To put my question more accurately, If a insurance company has 99% claim settlement ratio, Then what parameters is the company looking at in case a person has died & has no extra rider options opted? Do you have any common case studies that i can refer to?
@kmbala5553 жыл бұрын
@@lifeenjoy. search "freefincal term insurance" ( I'm not promoting the channel). There will be 3 to 4 videos, watch that. All your questions will get answered. As your name says enjoy your life bro.
@lifeenjoy.3 жыл бұрын
@@kmbala555 Thanks for the recommendation.. They were really helpful.. Overall, it looks i have opted for a correct term insurance plan :)
@kmbala5553 жыл бұрын
@@lifeenjoy. Thanks. I used to see his video whenever I want to opt for new schemes. He is very realistic and pessimistic.
@adityakulkarni82193 жыл бұрын
Hello Rachana Mam, Just one question , are these term insurance beneficial for NRI's ? Assuming I am overseas now, but would return in another 3-4 years, would it make sense to get one term insurance in India now? And if something happens to me when I am overseas, are the claims settled in India ?
@navinbalani93793 жыл бұрын
You should make a awareness video for future policy holders covering all the reasons of rejection in settlement and claims by insurance company which will help how to avoid errors while taking policy.
@3:56 good she slowly kept the family down... I was scared that child would jump out of hand...🤪
@muralidharansriram35523 жыл бұрын
What if I already have an Endowment plan and wanting to opt for a term insurance? Bcos i dont wanna sign in to both endowment as well as term insurance plan. Is it possible to convert that endowment plan? Kindly clarify. Thank you.
@lokeshwartailor82503 жыл бұрын
just curious - why are you thinking of moving away from endowment plan?
@srikanthningappa95932 жыл бұрын
Conversation is not possible. Endowment policy can be treated as emergency fund. You can raise Loan at any time. You can buy Term insurance parallely.
@srinikethnarayanan49533 жыл бұрын
Hi ma’am,Would the premium in case of pure term insurance keeps decreasing year on year or constant through the calculated number of years? Ex: ₹4K pa for 30 year policy or Declining premium ?
@Bhuvan.Grover3 жыл бұрын
Rachna ji. Pls make a video on Health Insurance. That is the most complex insurance when one decide to buy an insurance. I have term cover but want to buy a health insurance but I am completely confused which one will be better for me as compared to others.
@ThiyaguShanmugam3 жыл бұрын
Pls add subtitles in English if introduction part is in language other than English. Thanks .
@anishbabyc43873 жыл бұрын
I bought 1 term insurance from policy bazar, what a coincidence? 😀
@adminn72373 жыл бұрын
Thanks for the feedback. Send a d.m on was.sta.pp
@adminn72373 жыл бұрын
1 3 3 4 4 7 2 4 8 1 6
@anishbabyc43873 жыл бұрын
@@adminn7237 madam what is this number?🙏😊
@anishbabyc43873 жыл бұрын
@@adminn7237 in which number?
@achu13423 жыл бұрын
@@anishbabyc4387 you do realise thats a fake account right?
@snehalkedare19423 жыл бұрын
Wonderful video , would like you to make a similar video on health insurance as nowadays even healtb insurance is as important as like insurance .
@shadaba.m.54093 жыл бұрын
That 01st min. msg itself forced me to press the Like button....gr8 going Ma'am
@vireshshah20003 жыл бұрын
Extremely bad to refer policy bazzar, they are some hidden issues they don't tell to customer specially in case of NRI
@Ananth_Setty3 жыл бұрын
Iphone lungi🤣 free marketing to apple everytime.
@himansunayak72412 жыл бұрын
Phone lungi bolna tha
@khirodachandrapatra14662 жыл бұрын
Madam any type of death is cover . Suicide also cover in term policy
@imunique59283 жыл бұрын
Great video ma'am.. plz make one related to HEALTH INSURANCE too...
@navneet26493 жыл бұрын
Mam pls make a detailed video on what is the difference b/w participating and non participating plans! 🙏 And which is better and why?
@jayabiswas65313 жыл бұрын
Hello Navneet Sir, I deal with top rated company that is HDFC Life. We have both Term as well as Endowment plans. If you need or have any query then please provide you phn number in the comment box. Our company will connect with you.
@vivekpatel11583 жыл бұрын
Mam please make video on ETF exchange trader fund
@James-Bond-007_3 жыл бұрын
Please tell us more about endowment plans as I am more interested in investment type life insurance.
@larkdavis32333 жыл бұрын
Thanks for your comments and ratings for more guidance on trading W=H=A=t=S=A=P=P +1~=7~=0=2~=2==1==3==4~=1=5=6
@Jeetendra.12223 жыл бұрын
Shreeram me assured income plan me invest kar sakte h 15000 per year se start h
@aartijena067 ай бұрын
Thank you ma'am Because of you, it is still possible to learn how to make the right decisions and achieve your financial goals. Please keep making videos like this for us.I always watch your videos.I learn a lot from your videos.❤ Thank you ma'am 🙏
@prashantparate58033 жыл бұрын
Hello ma'am. A couple of doubts from the video. 1. If I increase the cover up to a certain duration, so I will have to pay premium till that time? Like you kept the duration till 70yrs, so I will have to pay premium till 70? 2. why did u not consider max life or tata aia? It has less premium plus the claim settlement percentage is at par with the best... 3. On the policy Bazar portal, are they showing term insurance plans or endowment plans? Questions might sound silly, but I am understanding insurance for the first time. Also, it's great to follow your channel. I have an engineering background and recently joined one of the top B schools in our country and chose finance as my major. Have to say profs like u make finance much more interesting!
@adityapatnaik70783 жыл бұрын
SHE IS A KING 🤴
@theofilofernandes23733 жыл бұрын
Well explained Archana just a quick question is how about investing in lic schemes as now we have crossed forty which would be rather preferable to go on with
@kmbala5553 жыл бұрын
Never buy any LIC and bank schemes. They will have just 3 to 5% returns and lock-in will be 10 to 25 years. Please check total returns before you take any schemes. I prefer, never check any schemes after you took term insurance.
@theofilofernandes23733 жыл бұрын
@@kmbala555 so which one is better to go for having in mind we have crossed the 40years
@kmbala5553 жыл бұрын
@@theofilofernandes2373 When you want to get retire? 55 or 60 or any other age? How much you want to invest? Lumpsum or monthly?
@theofilofernandes23733 жыл бұрын
@@kmbala555 would prefer lumsum planning to get retired by 60
@kmbala5553 жыл бұрын
@@theofilofernandes2373 you have lumpsum amount to invest? Or you want to invest some amount monthly from salary?
@jasmonfernandes93742 жыл бұрын
Ma'am I liked your video on term insurance u have explained it so well.