X
Hi
I agree to the terms and privacy policy
Verifying...
1

Have a requirement?
Get Best Price

Income Shower

Get Best Quote

Life Insurance

Get Best Quote

Non- Life Insurance

Get Best Quote

Mutual Fund

Get Best Quote
Welcome to our website! We are inviting you to fully explore our website, & would always like to aid you in your Insurance & Financial needs in numerous ways. Our stringent code of ethics places the client's needs above all others and demands uncompromising integrity in every aspect of our business.
This website is fully devoted to helping you to learn more about the Financial Planning. We are simply here to protect you & your Investment related decisions.
+ Read More

Nature of Business

Service Provider

Income Shower
Interested in this product?
Get Best Quote

Income Shower

Get Latest Price

Magic investments

Additional Information:

  • Item Code: 111

View Complete Details

Yes, I am interested!

Life Insurance
Interested in this product?
Get Best Quote

Life Insurance

Get Latest Price

Life insurance is a contract that pledges payment of an amount to the person assured (or his nominee) on the happening of the event insured against.
The contract is valid for payment of the insured amount during:
* The date of maturity, or
* Specified dates at periodic intervals, or
* Unfortunate death, if it occurs earlier.

Among other things, the contract also provides for the payment of premium periodically to the Corporation by the policyholder. Life insurance is universally acknowledged to be an institution, which eliminates 'risk', substituting certainty for uncertainty and comes to the timely aid of the family in the unfortunate event of death of the breadwinner.
By and large, life insurance is civilisation's partial solution to the problems caused by death. Life insurance, in short, is concerned with two hazards that stand across the life-path of every person:
1. That of dying prematurely leaving a dependent family to fend for itself.
2. That of living till old age without visible means of support.

Contract Of Insurance:

A contract of insurance is a contract of utmost good faith technically known as uberrima fides. The doctrine of disclosing all material facts is embodied in this important principle, which applies to all forms of insurance.
At the time of taking a policy, policyholder should ensure that all questions in the proposal form are correctly answered. Any misrepresentation, non-disclosure or fraud in any document leading to the acceptance of the risk would render the insurance contract null and void.
Protection:

Savings through life insurance guarantee full protection against risk of death of the saver. Also, in case of demise, life insurance assures payment of the entire amount assured (with bonuses wherever applicable) whereas in other savings schemes, only the amount saved (with interest) is payable.
Aid To Thrift:

Life insurance encourages 'thrift'. It allows long-term savings since payments can be made effortlessly because of the 'easy instalment' facility built into the scheme. (Premium payment for insurance is either monthly, quarterly, half yearly or yearly).
For example: The Salary Saving Scheme popularly known as SSS, provides a convenient method of paying premium each month by deduction from one's salary.
In this case the employer directly pays the deducted premium to LIC. The Salary Saving Scheme is ideal for any institution or establishment subject to specified terms and conditions.
Liquidity:

In case of insurance, it is easy to acquire loans on the sole security of any policy that has acquired loan value. Besides, a life insurance policy is also generally accepted as security, even for a commercial loan.
Tax Relief:

Life Insurance is the best way to enjoy tax deductions on income tax and wealth tax. This is available for amounts paid by way of premium for life insurance subject to income tax rates in force.
Assessees can also avail of provisions in the law for tax relief. In such cases the assured in effect pays a lower premium for insurance than otherwise.
Money When You Need It:

A policy that has a suitable insurance plan or a combination of different plans can be effectively used to meet certain monetary needs that may arise from time-to-time.
Children's education, start-in-life or marriage provision or even periodical needs for cash over a stretch of time can be less stressful with the help of these policies.
Alternatively, policy money can be made available at the time of one's retirement from service and used for any specific purpose, such as, purchase of a house or for other investments. Also, loans are granted to policyholders for house building or for purchase of flats (subject to certain conditions).

View Complete Details

Yes, I am interested!

Non- Life Insurance
Interested in this product?
Get Best Quote

Non- Life Insurance

Get Latest Price

Non-life insurance companies have products that cover property against Fire and allied perils, flood storm and inundation, earthquake and so on. There are products that cover property against burglary, theft etc. The non-life companies also offer policies covering machinery against breakdown,there are policies that cover the hull of ships and so on. A Marine Cargo policy covers goods in transit including by sea, air and road. Further, insurance of motor vehicles against damages and theft forms a major chunk of non-life insurance business. Suitable general Insurance covers are necessary for every family.
It is important to protect one’s property, which one might have acquired from one’s hard earned income. A loss or damage to one’s property can leave one shattered. Losses created by catastrophes such as the tsunami, earthquakes, cyclones etc have left many homeless and penniless. Such losses can be devastating but insurance could help mitigate them. Property can be covered, so also the people against Personal Accident. A Health Insurance policy can provide financial relief to a person undergoing medical treatment whether due to a disease or an injury.

View Complete Details

Yes, I am interested!

Mutual Fund
Interested in this product?
Get Best Quote

Mutual Fund

Get Latest Price

Mutual fund is a mechanism for pooling the resources by issuing units to the investors and investing funds in securities in accordance with objectives as disclosed in offer document.

Investments in securities are spread across a wide cross-section of industries and sectors and thus the risk is reduced. Diversification reduces the risk because all stocks may not move in the same direction in the same proportion at the same time. Mutual fund issues units to the investors in accordance with quantum of money invested by them. Investors of mutual funds are known as unit holders.

The profits or losses are shared by the investors in proportion to their investments. The mutual funds normally come out with a number of schemes with different investment objectives which are launched from time to time. A mutual fund is required to be registered with Securities and Exchange Board of India (SEBI) which regulates securities markets before it can collect funds from the public.

How is a mutual fund set up?

A mutual fund is set up in the form of a trust, which has sponsor, trustees, asset management company (AMC) and custodian. The trust is established by a sponsor or more than one sponsor who is like promoter of a company. The trustees of the mutual fund hold its property for the benefit of the unitholders. Asset Management Company (AMC) approved by SEBI manages the funds by making investments in various types of securities. Custodian, who is registered with SEBI, holds the securities of various schemes of the fund in its custody. The trustees are vested with the general power of superintendence and direction over AMC. They monitor the performance and compliance of SEBI Regulations by the mutual fund.

SEBI Regulations require that at least two thirds of the directors of trustee company or board of trustees must be independent i.e. they should not be associated with the sponsors. Also, 50% of the directors of AMC must be independent. All mutual funds are required to be registered with SEBI before they launch any scheme.

View Complete Details

Yes, I am interested!

Bond

Get Latest Price

Bonds are debt investment instruments through which investors give out loans to government and corporate entities. The latter borrow funding at fixed interest and for a specified period. Bonds are a main asset class, together with cash equivalents and stocks. They also fall under the category of fixed-income securities. The issuer or the indebted entity issues bonds with certain interest rate, which are payable at the maturity date of the bond principal (the loaned money). Bonds earn interest which is typically paid semi-annually, i.e. twice a year.

Basically, a bond is similar to a loan, whereby the holder is a creditor and the issuer is debtor. The funds can be used to finance current expenditure, e.g. government bonds, or long-term investments. Three features of bonds should be mentioned, the bond principal, nominal, and face amount, on which borrowers pay interest. The redemption amount of some structured bonds may differ from the face amount. The redemption amount may be also linked to certain assets and their performance, such as a foreign exchange, commodity or stock index, or fund. Because of this, investors may receive more or less than what they originally invested. 

The price at which bonds are bought by investors when issued is called issue price. It is usually roughly equal to the nominal amount. Issuers receive net proceeds in the form of the issue price, minus the issuance fees. The date of maturity is the date on which the nominal amount is to be repaid by the issuer. In case the issuer has made all payments, it does not have any obligations to the bond holders. Bonds vary with regard to maturities. For example, some bonds have a maturity of one hundred years, and some will never mature. Maturity is one factor that determines the type of security. Bonds are long-term instruments with maturities of over 12 years while notes are medium term instruments with maturities in the range of 6 – 12 years.

View Complete Details

Yes, I am interested!

Small Saving

Get Latest Price

Are you looking at some simple tax saving instruments? If so, small saving schemes are an attractive option. Moreover considering the returns it is not a bad investment vehicle either, if you are not too particular about the lack of liquidity of such schemes. 
These small saving schemes have been time-honored tax saving vehicles, designed to provide safe and attractive investment options to the public, at the same time to mobilize resources for development. Small Savings constitute a major resource to execute welfare activities of the Government.

View Complete Details

Yes, I am interested!
Tell us what you
need
Receive seller
details
Seal the deal
Pay with IndiaMART
Save time! Get Best Deal
I agree to the terms and privacy policy