Comparison Unit Linked Plans And Mutual Funds

Tax Benefits and slab

* Calculations are based on highest tax benefits.

Note: These tax calculations are based on present tax legislations, which are
subject to change The aggregate deductions from income under Sections 80C, 80CCC and 80CCD (applicable in case of central government employees only) should not exceed Rs 1 lakh.

*Note:

A further surcharge of 10 per cent is applicable if the taxable income exceeds Rs 10 lakh. An education cess of 2 per cent is applicable on the taxable income (including surcharge if any). A further tax of 1 per cent is charged as higher education cess payable on taxable income (including surcharge if any).

HDFC Taxsaver Fund

Maximize your returns & Earn attractive Dividends
Returns
7 years – 23.82%
10 years – 28.35%
12 years - 31.80%

Invest Rs. 100,000
Save Taxes upto Rs. 33,990
Earn Tax Free Dividend of Rs. 14,780
Total Savings Rs. 48,770

Dream as you will live forever

"You Buy Insurance Because you love Someone"

Go ahead; blow your loan-worries away.

Pension plan provides you withthe best for the best of your life .

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Life Insurance is a powerful tool to cover your unforeseen risks that can affect your family in yourabsence. It also works as a saving instrument which can help you in planning for your children’seducation, daughter’s marriage, pension, retirement benefits or for any defined goal.

The factors you should consider before buying any insurance are:

1. Adequate Sum Assured
2. Rider Benefits
3. Competitive Pricing
4. Administrative Costs
5. Claim History of the company you are purchasing insurance
6. And to Know all this you NEED a good IRDA Authorised Financial Consultant. So Before You invest Consult Your Local Financial Consultant authorized by irda
   who work To protect the interests of the policyholders.
   Contact Authorised Financial Consultant(mumbai and Vasai)
   +91 9823403494 (Insurance By Choice Not By Chance)
   
   

You Do It for Love

What is an insurance?

Life insurance may sound like something you only have to think abefits to buying life insurance early on in your working career. A lot of people go through their entire before understanding what life insurance .
In short Life Insurance is:Protection, Pension, Savings, and Investment.

Can I change the beneficiary on my insurance policy?
Changing the beneficiary on an insurance policy is a simple matter. All you need to do for this purpose is to contact your insurance company and follow its instructions for executing a change in beneficiary.

Can someone other than a relative be named as the beneficiary of my insurance policy?
Yes. Although it is typical for an individual to name his or her spouse, child, parent, or other close relatives as the insurance beneficiary, non-relatives, estate, trust, business partners, lender, or domestic partner can also be designated as beneficiary of your insurance policy.

Can the insurance policy be donated for charity?

Yes, you can donate your insurance policy for charity purpose.
I'm single. Do I need an insurance policy?

Single people often think they don't need insurance policy. However, there are many factors that determine your need for insurance. Life Insurance prepare you against happenings

Can I use insurance policy as a tool of financial planning ?

Most insurance plans available today come with the savings aspect. These policies allow you to meet your financial goals of protection against unforeseen future with extra Income tax benefits.

Tax benefits are available under Sec.80C, Sec.80CCC of the Income Tax Act.

What is the advantage of an Endowment Policy?

An Endowment Policy is a combination of savings along with protection against risk. These policies are specifically designed to accumulate wealth, and at the same time, cover the unforeseen future simultaneously.

What will happen to the policy if I miss premium payment on the due date?

Always try to be regular in premium payment. The insurance companies offer a grace period after the premium payment becomes overdue. If you fail to pay the premium within this grace period, your policy lapses.

Is there any penalty for late payment of premium?

Yes, there is. But, the amount is not that big.

What factors affect the amount of the premium?
It differs from policy to policy. In case of life insurance policies, your age is a vital factor.

How do I buy an insurance policy?

Now, there are many players in the Indian insurance sector. Due to the growing competition, these companies are trying their best to make their presence felt..So Always Contact your local IRDA Authorised Financial Consultant before Buying Life Insurance Policy.

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Remember: As your doctor gives you the right medicine, in a same way your Financial Consultant suggest the right financial plan for you.
So Before You invest Consult Your Local Financial Consultant authorized by irda
who work To protect the interests of the policyholders.
Contact Authorised Financial Consultant(mumbai and Vasai)
+91 9823403494
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HDFC Standard Life Insurance

HDFC Standard Life Insurance

HDFC Standard Life Insurance Co. Ltd was incorporated on 14th august 2000.

The Bancassurance partners of HDFC Standard Life Insurance Co Ltd are HDFC, HDFC Bank India Limited, Union Bank of India, Indian Bank, Bank of Baroda, Saraswat Bank and Bajaj Capital.

HDFC Standard Life Insurance have a varied range of Products that you can choose from to suit all your needs. These will help secure your future as well as the future of your family.

Protection Plans
Term Assurance Plan
Loan Cover Term Assurance Plan
Home Loan Protection Plan

Investment Plans

Single Premium Whole Of Life plan
Unit Linked Wealth Maximiser Plus

Pension Plans

Personal Pension Plan
Unit Linked Pension II
Unit Linked Pension Maximiser II

Health Plans
Critical Care Plan
SurgiCare Plan

Savings Plans

Endowment Assurance Plan
Assurance Plan
Savings Assurance Plan
Children’s Plan
Money Back
Unit Linked Endowment Winner
Unit Linked Endowment II
Unit Linked Endowment Plus II
Unit Linked Young Star II
Unit Linked Young Star Plus II Unit Linked Young Star Champion
Unit Linked Enhanced Life Protection II
SimpliLife

Important features

• Now You can manage your account Online with HDFC

• Online premium Payments

• They Provide IRDA Authorised Financial Consultants

• Invesrment of your of choice

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Confused about which Insurance policy to take?

Finding it hard to get the best suitable plan?

Ask our experts

(IRDA Certified Financial Consultants)9823403494 ( for Mumbai and Vasai)

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HDFC Standard Life Pension Plan

HDFC Standard Life Unit Linked Plans

Insurance should be the base of your financial pyramid

Make Insurance base of your financial pyramid and save tax is an added bonus.

Life insurance offers tax benefits under two heads: deductions and exemptions.

Deductions are based on the amount invested and are cut from the gross salary.

Exemptions are availed of on the policy benefits that you get on maturity.

Section 80C Income Tax Act:- You can invest up to Rs 1 lakh across certain products.

Life insurers offer a wide choice between life covers and pension plans that help you optimise your tax liability within this limit. The premiums paid by you for a policy can be deducted from your income. This reduces your tax liability. Also, on surviving the policy tenure, the amount that you earn is exempt from tax.

There is more to gain, especially if you have added a health rider to your life insurance, or have taken a health insurance plan. Under Section 80D, the premiums paid up to Rs 15,000 a year are exempt from tax, reducing your tax liability further. In case you have elderly dependants, an additional Rs 20,000 is exempt if the health policy covers them as well.

The pension plans offered by insurers have long tenures, which instills discipline and thrift among investors. As you make regular contributions over a 15-20-year period, you benefit from the power of compounding and this adds significantly to your retirement corpus. Each year of contribution offers you a tax break, the big advantage coming at the time of vesting, when you decide to seek a monthly annuity from the corpus. While 40% of the corpus is exempt from tax on vesting, the remaining is structured into an annuity, which is treated as your income and taxed accordingly.
No wonder, the popularity of life insurance among Indian households is second only to bank deposits.

Summary of Deductions & Exemptions (Source)
Here are some of the ways you can save on tax:
1. Deduction up to Rs 1 lakh is allowed under Section 80C on premiums.
2. Deduction is allowed only for premiums that are up to 20% of the capital sum assured.
3. If the insurance contract is terminated within two years or if the premium is not paid for two years, the tax deduction allowed earlier is taxable as income.
4. For a health insurance policy, deduction up to Rs 15,000 (in case of senior citizens, it is Rs 20,000) is allowed under Section 80D.
5. Under Section 10(10D), any sum received under a life insurance policy, including bonus, is exempt from tax.

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Confused about which Insurance policy to take?

Finding it hard to get the best suitable plan?

Ask our experts

(IRDA Certified Financial Consultants)9823403494 ( for Mumbai and Vasai)

==========================================

Why Insurance and what is difference in new and old Policies?

Evasai Resources

India's Number 1 Sales Manage speaks to you

India's Number 1 Sales Manage speaks to you
Protection, Pension, Savings, and Investment.
Life insurance may sound like something you only have to think about when you get older, but there are a variety of benefits to buying life insurance early on in your working career. A lot of people go through their entire lives before understanding what life insurance .
There are several reasons for this that no one really informed them about it. It is very necessary to contact and ask IRDA certified Financial Consultants about importance of life insurance and which policy suits to their need. IRDA certified Financial Consultant provide this servise free as the insurance company pay them for the same.
Think what is your (Human) Life Value.
One of the methods of calculating your human life value is to sum up all expenses along with your future liabilities that your family members will have to pay off in the unfortunate event of your death.
Once you have done that you must take a life insurance policy to give you an insurance cover equaling your human life value.
As now Insurance Policies are giving better return in long term we also take policies for:-Heavy Educational or other expenses after fixed time period (For Kids), and tax benefits.

Different types of insurance protect you and your loved ones in different ways against the …
a) Unexpected or untimely death. (That of dying prematurely leaving a dependent family to fend for itself.)
(b) Living too long (That of living till old age without visible means of support.)
c) Accidental Deathd) Critical Illness
e) Permanent Disabilityf) Partial Disabilityg) Unemployment

Confused about which Insurance policy to take?
Finding it hard to get the best suitable plan?
Ask our experts (IRDA Certified Financial Consultants)
9823403494 ( for Mumbai and Vasai)
Admin
www.evasai.com

Death or maturity Claim of Insurance

The most important part in insurance is Death or maturity claim. So many Financial consultants and Customer give it less important. So many time Financial consultants also suggest Customer not to disclose their illness which is a big mistake and always create dispute at the time of Death claim.

Documents Required in Death Claim are:


•Policy Document•Assignment Deed


•Age Proof(if not submitted)


•Certificate of death


•Legal evidence of title


•Discharge Voucher


Documents Required in Maturity Claim are:


•Policy Document•Assignment Deed


•Age Proof(if not submitted)


•Identity proof


•Discharge Form


If the life assured had an unnatural death, such as accident, suicide or unknown causes, police inquest report, panchanama, chemical examiner’s report, post mortem report, coroner’s report, etc. would be required.
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The Supreme Court (SC) has ruled that unless there is a specific contract, an insurance company is not under obligation to pay compensation to a person or an employee who dies in a road accident while driving the vehicle of his employer.
The court said that only when a claim is made under Section 163, a person is not required to establish the charge of negligence. Accordingly, the court reversed the decision of the High Court and ruled that the insurance company was not under an obligation to pay the compensation. Courtesy: Economic Times
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Remember: As your doctor gives you the right medicine, in a same way your Financial Consultant suggest the right financial plan for you.So Before You invest Consult Your Local Financial Consultant authorized by irdawho work To protect the interests of the policyholders.


Contact Authorised Financial Consultant+91 9823403494

Tax Benefits in Insurance plans

What is Life Insurance?
Life insurance ensures that your family will receive financial support in your absence. Put simply, life insurance provides your family with a sum of money should something happen to you. It protects your family from financial crises.
In addition to serving as a protective cover, life insurance acts as a flexible money-saving scheme, which empowers you to accumulate wealth-to buy a new car, get your children married and even retire comfortably.
Key Benefits of Life Insurance
Life insurance, especially tailored to meet your financial need. Need for Life Insurance: Today, there is no shortage of investment options for a person to choose from. Modern day investments include gold, property, fixed income instruments, mutual funds and of course, life insurance. Given the plethora of choices, it becomes imperative to make the right choice when investing your hard-earned money. Life insurance is a unique investment that helps you to meet your dual needs - saving for life's important goals, and protecting your assets.

The core benefit of life insurance is that the financial interests of one’s family remain protected from circumstances such as loss of income due to critical illness or death of the policyholder. Simultaneously, insurance products also have a strong inbuilt wealth creation proposition. The customer therefore benefits on two counts and life insurance occupies a unique space in the landscape of investment options available to a customer.

Goal based savings: Each of us has some goals in life for which we need to save. For a young, newly married couple, it could be buying a house. Once, they decide to start a family, the goal changes to planning for the education or marriage of their children. As one grows older, planning for one's retirement will begin to take precedence.

Clearly, as your life stage and therefore your financial goals change, the instrument in which you invest should offer corresponding benefits pertinent to the new life stage.

Life insurance is the only investment option that offers specific products tailormade for different life stages. It thus ensures that the benefits offered to the customer reflect the needs of the customer at that particular life stage, and hence ensures that the financial goals of that life stage are met.
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Remember: As your doctor gives you the right medicine, in a same way your Financial Consultant suggest the right financial plan for you.
So Before You invest Consult Your Local Financial Consultant authorized by irda
who work To protect the interests of the policyholders.
Contact Authorised Financial Consultant
+91 9823403494
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