Insurance and investment – Protect your finances while enriching them at the same time

November 05, 2018

From the perspective of securing the finances, insurance is the best bet and any general insurance cover is formulated for taking care of the existing fiscal assets. Then there are the specific-goal oriented plans and the specific plans that are meant for any unforeseen circumstances. The benefits of specific insurance cover are targeted and such plans are generally preferable. 

However, combined plans dig more deeper into the domain of stable gains and safety of finances and it is in this context that investment plans and insurance mutually complement each other. If, on one hand, insurance protects your savings and the interests of your family, a secure investment builds up the core financial strength.  Therefore, in essence, what else can be more beneficial than to have an umbrella cover that guarantees both- insurance as well as investment? 

The combined coverage comes with added benefits of the protection and earnings, with flexible conditions that suit your pocket. HDFC Life has come up with HDFC Life Classic Assure Plus - an investment cum insurance plan that comes with limited premium payment terms of 7 and 10 years and provides insurance cover throughout the policy term. This enables you to secure your family's financial future while allowing the finances to grow. 

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