To secure their future, he invests in a term insurance cover plan. This will help him grow his wealth over time and provide a reliable source of income.Īs he starts a family, Raj realizes that he has financial dependents. He decides to invest in a ULIP plan, a type of life insurance plan that generates returns on his money through investment in equity and debt funds. Raj is ambitious and wants to make his money work for him. This plan will pay him a lump-sum amount after a certain amount of time, helping him achieve his financial goals. He decides to invest in an endowment plan, a medium for reliable long-term investment. Raj knows that the best time to start is as soon as he receives his first paycheck.Īs he grows older, Raj wants to grow his money further. He decides to invest in a savings plan to build a corpus for his future needs. As he starts earning his own money, he realizes the importance of planning for his future needs.
Meet Raj, a young man from India who just got his first job. Life Insurance Plans - With You, Every Step of the Way! ABSLI Pradhan Mantri Jeevan Jyoti Bima YojanaĪBSLI Group Bima Yojana Plan (Micro Insurance)
