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Tools and Guides - Insurance, Savings and Investments

Tools and Guides - Insurance, Savings and Investments
April 02, 2019
As the commercial activities have become more and more technology-oriented and as we move on to the digital domain, the role of manual interference in this domain has went on a sharp decline. This has actually had a very impact on the way things are processed and decisions are taken. After all, lots of unnecessary complexities and elaborate intricacies have been eliminated and speed, transparency and accountability have become the watchwords today. With the advent of digital technology and the related domains, addressing the core issues pertaining to financial spheres has become all the more easy and simple. Earlier, while deciding on the kind of an investment that you wished to make, there used to be lot of hassles that delayed the whole procedure of decision-making. However, this is not so today and various online support systems are in place that can help you make an informed choice.

Earlier, before the technology-diffusion was not so predominant, a potential investor had to search for and solicit the guidance and advice of agents. These agents would give a fairly incorrect picture that would suit their respective professional interests and insurance companies. This may not have always been true, but it is a known fact that in the absence of credible and multiple options, an average investor or a potential insurance-seeker would have to settle for whatever was available in the market. This would not just limit the options but would also be detrimental to the persons financial interests in the long run. With the coming-of-age of the digital platform in India, however, it can be said that this situation has been completely reversed and now, online tools and guides are available that can help you in making effective choices regarding your savings, investment and insurance planning.

These tools and guides focus on certain key parameters that directly address your specific query, which may be related to anything that you wish to enquire about. For instance, an income tax saver tool will give you specific details about how to plan your taxes, based on your income slabs, taxation rates, applicable exemptions etc. Similarly, a guide for retirement planning will give you step-by-step information about the kind of coverage that should be sufficient for you and your dependent spouse, by taking into consideration figures like your current age, current income, the estimated time of retirement, the factor of inflation, the rate of interest, etc. In the same manner, a term insurance or life insurance calculator computes facts and figures like your age, medical history, current income, expected policy term, rate of interest, payable premium, etc. to yield the result for the most suitable term insurance plan that will work best for you. Therefore, by taking the aid of such guides and tools, you can be sure that you are taking the correct step for your financial growth.

HDFC Life offers various saving and investment plans that are directed towards making your money work for you and to enable you to create a sufficient corpus by the time of maturity. For details, click on the mentioned link: https://www.hdfclife.com/savings-plans

 

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Francis Rodrigues Francis Rodrigues

Francis Rodrigues has a decade long experience in the insurance sector, and as SVP, E-Commerce and Digital Marketing, HDFC Life, manages the online sales channel, as well as digital and performance marketing. He has had hands-on experience in setting up sales channels and functional teams from scratch over a career spanning 2 decades.

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Vishal Subharwal Vishal Subharwal

Vishal Subharwal heads the Strategy, Marketing, E-Commerce, Digital Business & Sustainability initiatives at HDFC Life. He is responsible for crafting and ensuring successful implementation of the overall organisation strategy.

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We at HDFC Life are committed to offer innovative products and services that enable individuals live a ‘Life of Pride’. For over two decades we have been providing life insurance plans - protection, pension, savings, investment, annuity and health.