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Guaranteed Return Investment Plans Can Safeguard Your Financial Future – Here’s How

November 01, 2023

Table of Content

1. What Are Guaranteed Return Investment Plans?

2. How Can a Guaranteed Return Investment Plan Safeguard My Financial Future?

Every Indian prioritises financial security in our dynamic world. Most of us aim to invest and grow wealth to enjoy a secure future. You may have seen the term guaranteed return investment plan while looking for investment options. Let’s better understand these policies and explore how they can secure your financial future.

What Are Guaranteed Return Investment Plans?

These plans are a type of policy offered by insurance companies. They combine the security of insurance with the growth potential of investments. They offer guaranteed returns on your savings, helping you build a corpus for the future. These plans also provide life insurance coverage during the policy term, offering you complete peace of mind and financial stability to your loved ones.

How Can a Guaranteed Return Investment Plan Safeguard My Financial Future?

Provides Guaranteed and Stable Returns

These plans provide guaranteed returns on your savings. The company lets you know about the returns when you purchase the policy. The security and predictability offered help you plan your future finances. These plans also protect you from volatile markets, ensuring peace of mind.
Allows Easy Customisation

Guaranteed return plans allow you to customise the policy based on your needs. You can choose a premium payment frequency that works for you. Pay monthly, quarterly, half-yearly or annually as per your preferences. Additionally, you can customise your insurance coverage. Select various riders to enhance your protection and provide your loved ones additional financial support.
Protects Your Family’s Future

Guaranteed return plans offer life insurance coverage for the policy term. Should anything happen to you, the policyholder, during that time, the plan pays the sum assured amount to your beneficiary. The payout offers financial support and stability during a difficult time.
Offers Tax Benefits

Guaranteed return investment plans offer policyholders tax benefits. You can claim a deduction of up to Rs. 1, 50,000 per year under Section 80C^* of the Income Tax Act against money paid as the policy premium. Tax laws are subject to change, so check the latest rules and consult a financial advisor to understand your liabilities.
Provides Dual Benefits of Savings and Insurance

Guaranteed return plans combine the benefits of savings with life insurance coverage. It helps you build good financial habits for the future while securing your family’s present.
Safeguards Your Corpus

These plans protect your investment amount from market fluctuations. You earn interest on your savings, which ensures your corpus remains untouched.
Builds Good Financial Habits

Guaranteed plans encourage financial discipline. It ensures you save and put your money away for the future. Staying invested in these plans helps you manage your finances while growing wealth for the future.

Guaranteed return investment plans offer stability, security and growth. It combines the benefits of insurance with the assurance of guaranteed returns. These plans are ideal for risk-averse individuals looking to grow their wealth. Take the first step towards a secure future today with a guaranteed return investment plan.

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Francis Rodrigues

Written By:

Vishal Subharwal

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Subject to conditions specified u/s 80C of the Income tax Act, 1961.

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