Endowment & Moneyback policy

Endowment & Moneyback policy

Endowment & Moneyback policy are hybrid insurance product which also provides saving opportunity along with risk-cover to the insured or policy holder. It is also known as NON-ULIP plan or traditional life insurance plans.An endowment policy is a...
Should you purchase Term Insurance plan?

Should you purchase Term Insurance plan?

Mr. Rahul, had invested in endowment plans, which he believed was sufficient enough to provide optimal insurance cover and a yield an investment return. He was paying a premium of ₹52,392 every year for an endowment policy having a sum assured of ₹15 lakh. The policy...
FAQs on Sovereign Gold Bonds

FAQs on Sovereign Gold Bonds

The Sovereign Gold Bonds are open for subscriptions… Finbingo.com addresses your queries regarding this. What is Sovereign Gold Bond?Sovereign Gold Bonds are the Government Securities issued by Reserve Bank of India and are denominated in grams of gold (1 unit =...