The Birla Sun Life Century
SIP (Insure) provides an insurance cover between 10 and 100 times the SIP
investment made by the investor. For example, if an investor has a
monthly SIP of Rs 5,000, he will be entitled to an insurance cover of Rs
50,000 in the first year. In the second year, it goes up to 250000
and 500000 from third year onwards.
No additional charge for this cover, don’t make the mistake of thinking that these are like unit linked insurance plans (Ulips). If you start normal SIP and one Century SIP . Your fund grow similar.
The benefits of Birla Century SIP plan are as follows:
• Wide Coverage: 18 years to 46 years for investor age group
• Cover continues till 55 years
• No medical check-up only a signed declaration of good health from investor
• The minimum investment monthly SIP amount is Rs. 1000 per month.
• Entry load of 2.25% and exit load of 2% upto 3 years and Nil from 3 year onwards.
• If SIP discontinues within 3 years of 1st installment: Life Cover ceases, If SIP discontinued after 3 years of 1st installment: Life Cover continues at fund value subject to maximum of 100 times monthly SIP value.
Its a very good option for investors who are looking for investment as
well as insurance. Much better then your traditional insurance products
or ULIP products.
Contact us for Financial Advise in Pune Area.
Email : raj402551@gmail.com/bonanza42a@yahoo.in call : Rajendra 8007750904
टिप्पणियाँ
एक टिप्पणी भेजें