NDNC disclaimer: I hereby authorize Bajaj Life Insurance Limited. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any call made, SMS or WhatsApp sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business
One of the choices you need to make while buying an insurance plan is whether to go for a unit-linked policy (ULIP) or a plan on the traditional platform. In order to be able to decide correctly, you should know your risk appetite, or your tolerance to financial risk.
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Human beings are rational and intellectual creatures. We try to act in the most rational manner in a given circumstance, including when it comes to taking investment decisions, yet we clearly know that emotions do affect such decisions. People in the world of investments commonly talk about the role greed and fear play in driving stock markets.
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Let’s understand the basics of term insurance for the less finance-savvy readers – a term plan is the most basic kind of life insurance wherein if the policyholder dies during the policy period then his family member (nominated person) gets a certain amount (sum assured).
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