All you need to know about Term Insurance

All you need to know about Term Insurance | CA Rachana Ranade

Рет қаралды 578,815

Күн бұрын

Do we really need Insurance? Or do we buy it just to please our friend who works in some insurance company and has to meet his targets?! In today's video, we are going to discuss many concepts revolving around Term insurance!
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What is covered?
00:00 Start
01:09 What Are We Going to Learn
01:27 Understanding Term Insurance
02:48 Who Should Buy Term Insurance
04:25 What is the Right Time to Buy Insurance
05:03 Amount of Insurance Cover
06:28 Comparing Term Plan with Other Plans
09:06 How to buy Insurance
12:15 Increase in Premiums of Term Insurance
12:45 Conclusion
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Пікірлер: 1 300

@CARachanaRanade 2 ай бұрын

✔ Invest in Knowledge: link.rachanaranade.com/CourseStore

@sandeepjhn 3 жыл бұрын

One time entering number in policy bazar site.. they will disturb you life time by calls and SMS

@devanshu_daga 3 жыл бұрын

Same Here :(

@chaiwalat7057 3 жыл бұрын

They are the one who care about you most...

@rahdk 3 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.

@abhishekagrawal9950 3 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..

@ananthmakam5051 3 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.

@prejithalex4837 3 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

@kjkpradeep 3 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 .

@ramangupta9336 3 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 🙏🙏🙏🙏🙏🙏

@ajaysinghdhama 3 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.

@saviolicious5 3 жыл бұрын

@Ranjith consider it an expensive life lesson

@cheongwee614 3 жыл бұрын

,,,,

@debendranandi4138 3 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_is 18 күн бұрын

What is stacks??

@raworks8238 3 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

@ankitaneja 3 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.

@swethacima4266 3 жыл бұрын

Could you please address them?

@makesyoulaugh2 2 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.

@nssachin 3 жыл бұрын

Thank you 🙏. Can you make a similar video on what parameters to check and look while selecting a health insurance.

@DKeshavgehlot 3 жыл бұрын

Yes very important

@tusharkale4855 3 жыл бұрын

That would really be helpful

@imunique5928 3 жыл бұрын

Yess this is important

@abhishekagrawal9950 3 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🙏🙏

@ananthmakam5051 3 жыл бұрын

It will great if you make video on health insurance

@alexchristopherj6466 3 жыл бұрын

Waiting to hear about Health Insurance as well mam !

@shubhammaheshwari7139 3 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.

@anshnoor6407 3 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

@ujjwalnayak2928 3 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.

@sudarshankshirsagar4568 3 жыл бұрын

Yeah ... She should make her paid courses free. See I can't afford those

@nh4635 2 жыл бұрын

Policy bazaar also takes commission so it's no different

@nh4635 2 жыл бұрын

But yes rachana mam is very good in her presentation

@shaundeena 3 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..

@jagpreet 3 жыл бұрын

My experience was not good with policy bazaar, my suggestion is to get policy directly from the insurance company after comparing them.

@arnavkhandekar166 3 жыл бұрын

Can you please tell more, I also want to purchase a policy and was thinking about policy bazzar

@navneet2649 3 жыл бұрын

Can u pls elaborate on ur bad experience?

@jagpreet 3 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.

@sameehanphatak4560 3 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!

@jayabiswas6531 2 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

@dipeshgor7090 3 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.

@srikanthningappa9593 2 жыл бұрын

You have to declare your health condition promptly. So no rejection will happen.

@kushithvlogs9437 Жыл бұрын

Good question bro

@shalmalisabale4122 4 ай бұрын

I am glad she is so sensible person.....the way she put x and y people side away rather than destroying them after explanation ❤.

@vruddhifinancialservices424 3 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)

@rohitsoni9325 3 жыл бұрын

insurance company won't approve more than 20 times your annual income even if you have loans or other liabilities

@prejithalex4837 3 жыл бұрын

Ma'am which life insurance stock is good for long term- HDFC life, icici prudential or SBI Life?

@Soumyadip-Ghosh 3 жыл бұрын

Alert ❗ paid promotion from "policy bazar" 🌚

@wesleybates9111 2 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.

@apurvabidaye2924 3 жыл бұрын

totally worth watching🔥 in just 13.24 minutes you providing so many details❤️👏👏for presentation style and detailed content, analysis👏👏👏👏👏

@VishalKumar-td1uf Жыл бұрын

Policybazar waale cares much more than your closey by keeping regular calls and SMS 🥰🥰

@paikamalpai2001 3 жыл бұрын

6:01 you brought a smile on my face

@soumyaa5855 Жыл бұрын

Thank you soo much Rachana for throwing light upon this topic. You explained in very simplest way❤️

@SYBMSAMADAVIDISHA 3 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.

@vipulkataria 3 жыл бұрын

Finally a good paid promotion video by you We need more videos of this type instead of ULIP type videos

@srikanthningappa9593 2 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.

@alamgir3120 3 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.

@kaustubhshirname6049 3 жыл бұрын

Bro please don't buy insurance online

@kaustubhshirname6049 3 жыл бұрын

Contact any insurance agent nearby And remember always take insurance of LIC not private companies

@NH-il9qt 3 жыл бұрын

@@kaustubhshirname6049 agree. They have limited and promoted products. And they also take commission from the company

@Jeetendra.1222 3 жыл бұрын

Agar aapko shreeram life insurance lena ho to contact me

@SaravanaKumar-bk5uf 3 жыл бұрын

@@kaustubhshirname6049 lic is also privatised bro

@mangeshdevikar 3 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

@DKeshavgehlot 3 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 🙏🙏

@vibrantt_shadess 3 жыл бұрын

Content tar useful ahech🔥👏 But editing/animations pan Mast ahet😄👌

@akawaveman 3 жыл бұрын

Can you please make a video on dhani services? Mainly regarding its recent fall and future plans.

@maybeabhiknows750 3 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.

@navinbalani9379 3 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.

@user-ph9vw2ph7n 3 жыл бұрын

I~n~v~e~s~t~i~n~B~T~C~~{}~{}~E~T~H{}{}{} W~H~A~T~S~A~P~P +~1~3~2~5~2~6~1~7~9~6~7~~~~~...........

@ankushsv88 3 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

@vishalkulkarni5840 3 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.

@jayabiswas6531 2 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

@srikanthningappa9593 2 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.

@shubham943 2 жыл бұрын

@@jayabiswas6531 Hi bot 🙋

@vruddhifinancialservices424 3 жыл бұрын

Be aware about the failure in service and mis selling by portal, after all it is also a corporate agents

@jeevanjr9086 3 жыл бұрын

We appreciate your research work and presentation

@kriteshlokwani8697 3 жыл бұрын

Hii ma'am good evening, big fan from UAE🥰

@Mohit-nn9bt 3 жыл бұрын

I think Amount Settlement Ratio Matters too with Claim Settlement Ratio.

@rushikeshravte1593 3 жыл бұрын

Rejection ratio is also important

@sanjeevkumarr4686 3 жыл бұрын

I was waiting for this video ever since I watched your first video

@sortingshorts5221 3 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

@bhushang8525 3 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.

@praveen8978 3 жыл бұрын

pls start video making sessions as well, swag level when you dusted off your hands :D

@arnabmandal1487 Жыл бұрын

You are doing a great Job , Rachna making us financial literate

@foramrajgor2410 3 жыл бұрын

Very helpfull i am searching for this type of video thank you.

@shafiqali2034 3 жыл бұрын

Hi Rachana please talk about Suez canal block. How it gonna effect our shtock market!

@kurdukarajinkya 3 жыл бұрын

One suggestion. NEVER I repeat NEVER purchase insurance from online market places.

@vaibhavshetter9085 3 жыл бұрын

Why bro

@kaustubhshirname6049 3 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

@rushikeshravte1593 3 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!

@pranavthakkar6786 3 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.

@rushikeshravte1593 3 жыл бұрын

@@pranavthakkar6786 Absolutely agree even offline advisor also do that just need to inform. He will take care of everything.

@nileshgarg7608 3 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 📊 📈 📕 📝 🙏

@RohitKumar-fh5dv 3 жыл бұрын

thanku mam for giving us knowledge+ video editing skills😍😍

@chethanshetty776 3 жыл бұрын

@3:56 good she slowly kept the family down... I was scared that child would jump out of hand...🤪

@HiddenELF124 3 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🙏

@rohitsoni9325 3 жыл бұрын

You know naa this Parle is not the biscuit wala Parle. Parle (Biscuits) is not listed.

@dineshraut7964 3 жыл бұрын

What a helpful knowledge mam... Thanks a lot 🙏🏼

@jayabiswas6531 2 жыл бұрын

Hello Dinesh 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 your phn number in the comment box. Our company will connect with you.

@navneet2649 3 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?

@jayabiswas6531 2 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.

@robin02403022 3 жыл бұрын

Mere coincidence that I choose my term plan from policy Bazar last year and today was my 2nd premium date 😀

@GokulKrishnaKM-cx7px 3 жыл бұрын

Will term insurance cover only for death ? Or hospitalisation also?

@robin02403022 3 жыл бұрын

@@GokulKrishnaKM-cx7px only for life (death coverage)

@tejithapar5076 3 жыл бұрын

Thanks for the inputs on life insurance... Would request you to cover medical insurance also... Thank you.

@mechiansstories5099 2 жыл бұрын

Medical insurance free with term insurance

@rajathkumar3676 3 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.

@imunique5928 3 жыл бұрын

Great video ma'am.. plz make one related to HEALTH INSURANCE too...

@anandprakash6611 3 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.

@jayabiswas6531 2 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

@srikanthningappa9593 2 жыл бұрын

Investment 10 to 20% Of ur savings in insurance is must. Every product are good.

@sharmilagatkal447 3 жыл бұрын

I can't believe boring topic such as term insurance can be explained in such fun way... 😅excellent explanation

@user-ph9vw2ph7n 3 жыл бұрын

I~n~v~e~s~t~i~n~B~T~C~~{}~{}~E~T~H{}{}{} W~H~A~T~S~A~P~P +~1~3~2~5~2~6~1~7~9~6~7~~~~~..................

@riteshgupta8738 3 жыл бұрын

Thanks for making the Video. Best information shared about Term insurance within 15 minutes. Kindly make this video in Hindi also.

@stefinaweasley1514 2 жыл бұрын

Thank you a lot for this video. This is very interesting and informative. Keep posting like those amazing videos, this is awesome.

@mkeerthana451 3 жыл бұрын

I am unable to purchase your student membership can u please put some more payment methods like phonepe, amazon pay . please mam

@Ananth_Setty 3 жыл бұрын

Iphone lungi🤣 free marketing to apple everytime.

@himansunayak7241 2 жыл бұрын

Phone lungi bolna tha

@khirodachandrapatra1466 2 жыл бұрын

Madam any type of death is cover . Suicide also cover in term policy

@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.

@REVIEWSONTHERUN 3 жыл бұрын

Interesting! Nice video. ✌️

@ivinitmittal 3 жыл бұрын

6:02 muh se sach nikal gaya! Lol😂😂😂😂

@Simply-Sophisticated 3 жыл бұрын

😂😂😂

@navneet2649 3 жыл бұрын

Aaj pata chal hi gaya HNI kaun hai and retail investor kaun 😎😝

@MoHiT-hp4gv 3 жыл бұрын

Mam, double your video editor's salary. He / she deserves it for sure.

@krishnachaitanya9986 3 жыл бұрын

She gets monthly 50 lacs min.. as many of them joined paid subscription, advertisements in the videos and sponsored videos

@jubibenny7988 3 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.1222 3 жыл бұрын

Contact me for shreeram health and life insurance etc

@tusharu9107 3 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

@parallel79 3 жыл бұрын

Please also cover misselling by the agents and other pitfalls in a separate video as most of the agents look more for their commission than the customer's benefits. Thanks

@parallel79 3 жыл бұрын

@@user-kn6vg5bs3i Thanks

@navneet2649 3 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😂😂😂❤️❤️

@AllOverToronto 3 жыл бұрын

What about do you smoke or chew tobbaco? That too look like an honest answer? @10:00

@navinbalani9379 3 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.

@srikanthningappa9593 2 жыл бұрын

Medical is must. Please follow medical steps so that Rejection can be avoided.

@harishratnaparkhi1874 3 жыл бұрын

Excellent as usual. खूप छान. अभिनंदन।

@TauroChuck 2 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

@vikramchavan5234 3 жыл бұрын

LIC Tech Term plan -854 much better in all term insurance.

@murugappan2 3 жыл бұрын

Lic claim ratio need to be checked

@kmbala555 3 жыл бұрын

@@murugappan2 Claim settlement ratio is not that much important. Just check whether it is above 95%. (Should have atleast 90%)

@vikramchavan5234 3 жыл бұрын

@@kmbala555 LIC claim settlement ratio 96.69% in 2020.Any company claim settlement ratio above 95% consider as good company.

@Itsnotmyday 3 жыл бұрын

What is the charges for 1 crore cover and how to subscribe?

@kmbala555 3 жыл бұрын

@@Itsnotmyday your question is not clear

@adityapatnaik7078 3 жыл бұрын

SHE IS A KING 🤴

@sushrutathale9015 3 жыл бұрын

Do you recommend Term insurance with return of premium? Are there any pitfalls? Thanks!

@vaibhavkale883 3 жыл бұрын

Rachna make a video about orchid pharma how this particular stock goes up and what a fundamental and technical analysis and over all view about it

@brahmanandjha1431 3 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?

@kmbala555 3 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.

@brahmanandjha1431 3 жыл бұрын

@@kmbala555 Thanks for the information!

@kaustubhshirname6049 3 жыл бұрын

Always take insurance from LIC bro

@srikanthningappa9593 2 жыл бұрын

Usually Companies don't shut doors. Either they will merge with other company. If they can't manage the show.

@vivekpatel1158 3 жыл бұрын

Mam please make video on ETF exchange trader fund

@dhwanipoladia9062 3 жыл бұрын

It would be great if other types of policies were explained along with factors to be kept in mind while buying policy

@kaustubhshirname6049 3 жыл бұрын

You can contact me I can help you everything with insurance

@RJ_rushikesh 3 жыл бұрын

The video was so informative and covers all the aspects regarding life insurance...I think LIC of India is always been a great option to buy insurance company instead of going to other private companies. Your thoughts pls ?

@user-ph9vw2ph7n 3 жыл бұрын

I~n~v~e~s~t~i~n~B~T~C~~{}~{}~E~T~H{}{}{} W~H~A~T~S~A~P~P +~1~3~2~5~2~6~1~7~9~6~7~~~~~..................

@sanganabasvarajvithalrao1226 3 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

@muralidharansriram3552 3 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.

@lokeshwartailor8250 3 жыл бұрын

just curious - why are you thinking of moving away from endowment plan?

@srikanthningappa9593 2 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.

@anilkumarmalipatil3162 3 жыл бұрын

What should be ideal coverage one shoul opt for?

@avishekarang 3 жыл бұрын

What all points to consider, while opting for multiple term insurances?

@chetzful 3 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.

@kaustubhshirname6049 3 жыл бұрын

Private companies reject claims bro

@kaustubhshirname6049 3 жыл бұрын

Always take insurance from LIC

@srikanthningappa9593 2 жыл бұрын

Your habits like smoking or having alcohol or had previous surgeries should be declared promptly. Hence Claim Rejection will not happen.

@James-Bond-007_ 3 жыл бұрын

Please tell us more about endowment plans as I am more interested in investment type life insurance.

@larkdavis3233 3 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.1222 3 жыл бұрын

Shreeram me assured income plan me invest kar sakte h 15000 per year se start h

@aartijena06 6 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 🙏

@snehalkedare1942 3 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 .

@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?

@rohitsoni9325 3 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?

@kmbala555 3 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 :)

@kmbala555 3 жыл бұрын

@@lifeenjoy. Thanks. I used to see his video whenever I want to opt for new schemes. He is very realistic and pessimistic.

@anishbabyc4387 3 жыл бұрын

I bought 1 term insurance from policy bazar, what a coincidence? 😀

@adminn7237 3 жыл бұрын

Thanks for the feedback. Send a d.m on was.sta.pp

@adminn7237 3 жыл бұрын

1 3 3 4 4 7 2 4 8 1 6

@anishbabyc4387 3 жыл бұрын

@@adminn7237 madam what is this number?🙏😊

@anishbabyc4387 3 жыл бұрын

@@adminn7237 in which number?

@achu1342 3 жыл бұрын

@@anishbabyc4387 you do realise thats a fake account right?

@shadaba.m.5409 3 жыл бұрын

That 01st min. msg itself forced me to press the Like button....gr8 going Ma'am

@narendrakv9362 3 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.

@theofilofernandes2373 3 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

@kmbala555 3 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.

@theofilofernandes2373 3 жыл бұрын

@@kmbala555 so which one is better to go for having in mind we have crossed the 40years

@kmbala555 3 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?

@theofilofernandes2373 3 жыл бұрын

@@kmbala555 would prefer lumsum planning to get retired by 60

@kmbala555 3 жыл бұрын

@@theofilofernandes2373 you have lumpsum amount to invest? Or you want to invest some amount monthly from salary?

@jamesfredrick6111 3 жыл бұрын

Nice video!! Very engaging from beginning to end. Nevertheless, businesses and investment are the easiest way to make money irrespective of which party makes it to the oval office.

@user-vl6df5gz4l 3 жыл бұрын

I invested in both gold and crypto but the crypto is more profitable

@bradlycortis6584 3 жыл бұрын

The 2021 stock market has been wired and proven difficult to invest

@jenniferjerry6886 3 жыл бұрын

The 2021 Real estate investment is good but i rather invest my money in cryptowise choice.

@whatsapp6713 3 жыл бұрын

Stocks are good crypto is better

@jessicachris9424 3 жыл бұрын

I wanted to trade crypto but got confused by the fluctuations in price

@jasmonfernandes9374 2 жыл бұрын

Ma'am I liked your video on term insurance u have explained it so well.

@saumyamishra-cl1co 3 жыл бұрын

Hey Rachana, hello from the 🇬🇧 UK. Thank you so much for such informative videos!

@kumar5701 3 жыл бұрын

@@soumyasahu6807 Mars

@sushant_kharat 3 жыл бұрын

1) Claim settelment ratio 2)Amount Settelment percentage 3)rejection ratio(max 1) 4) AUM 5) Solvency ratio (min1.5)

@saviolicious5 3 жыл бұрын

@@user-kn6vg5bs3i ?

@rahulthiya6308 3 жыл бұрын

How about registering directly on HDFC Life website?

@madhavanv6688 3 жыл бұрын

I directly took the HDFC life policy online.

@rahulthiya6308 3 жыл бұрын

@@madhavanv6688 Are the rates same as policy bazaar?

@chandukaile438 3 жыл бұрын

@@madhavanv6688 rates are similar or not? Brother

@madhavanv6688 3 жыл бұрын

@@rahulthiya6308 Thanks for your query. I took it more than 5 years after reviewing various plans at that point of time. Their system is very good.

@kmbala555 3 жыл бұрын

Policy bazzar is not getting commision for us. They will get commision from insurance companies.

@akshayshinde8089 3 жыл бұрын

Apart from claim settlement ratio, which things we need to check in term insurance? Also, what is the best type of term insurance plan?

@jayabiswas6531 2 жыл бұрын

Hello Akshay 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 your phn number in the comment box. Our company will connect with you.