Cushion Your Savings With Guaranteed Life Insurance Plans

When it comes to seeking a happy life, we often have a wish list ready. While all our aspirations might not come with a guarantee of fulfillment, some could certainly be guaranteed through better financial planning. There are various investment avenues available today that can help you yield high returns but not all may offer financial protection and suit your income levels, riskappetite, and various life-stage goals. For instance, given the market volatility and the risk associated with it, investing in stocks may not work well for everyone. Most Indians prefer receiving fixed returns on their savings, which explains the popularity of savings instruments like bank FDs, Public Provident Fund, and National Savings Scheme. However, these instruments come with downsides such as fluctuating interest rates, taxation on returns, and cap on the maximum amount that can be invested. Unlike...