How to buy Best Term Insurance? - Avoid these 5 Life Insurance Policy Mistakes
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- čas přidán 28. 08. 2024
- Compare and Buy Best Term Life insurance - bit.ly/term-li.... Learn all about Life insurance and term insurance or term plan to save yourself from the 5 life insurance policy mistakes. Also let’s learn how to buy the best term insurance plan online.
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Time Stamps:
0:22 - Life Insurance as Investment?
0:36 - 5 Mistakes while buying insurance
1:25 - Mistake #1 - I don’t need an Insurance
3:01 - Mistake #2 - Insurance is a good Investment
5:07 - Mistake #3 - Insurance Cover
6:29 - Mistake #4 - Cheapest is the Best
8:27 - Mistake #5 - Buying without comparison
10:49 - What are Critical Riders?
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About the Video:
Many of us fail to understand the difference among these few terms; life insurance, term insurance, health insurance, death benefit, endowment policy, term life insurance, term plan, etc.; and therefore, tend to make these top 5 insurance mistakes while buying them. We also tend to not understand the optimum coverage and fall prey to over coverage or under coverage. However, it is not rocket science. All we need is a few tips and tricks and some expert knowledge about how to buy life insurance explained in hindi, how to buy best term insurance explained in hindi and some life and term insurance truth bombs to figure out what is the best for us.
Asset Yogi brings to you a special video that dedicated to make you understand all of the terms and aspects of buying insurance and warn you about the top 5 insurance mistakes that almost all of us commit. Let’s discuss!
In this video, we have explained;
1. What is life insurance and insurance policy?
2. What is term insurance?
3. What is health insurance?
4. How to buy Jeevan Beema?
5. What is death benefit and what is endowment plan?
6. Life insurance vs term insurance, which is better?
7. How to buy cheap insurance?
8. Is insurance an investment?
9. Where to invest? Insurance or real estate or stock market or mutual funds?
10. What are annual returns of insurance?
11. How to pay home loan with insurance?
12. What is under coverage and over coverage?
13. What is optimum insurance?
14. What is the best term insurance 2020?
15. How to buy best term insurance 2020?
16. How to buy life insurance online?
17. How to buy term insurance online?
18. How to buy insurance on Policy Bazaar?
19. What are top 5 insurance mistakes?
20. What is term insurance truth?
21. What is Claim Settlement Ratio?
22. What is Claim rejection Ratio?
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Connect With Us
INSTAGRAM - / assetyogi
TWITTER - / assetyogi
FACEBOOK - / assetyogi
LINKEDIN - / mukulm
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Website
assetyogi.com
#lifeinsurance #terminsurance #termplan #insurance
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You can compare and buy Term Life insurance from here:
bit.ly/term-life-insurance-compare
1 question hai Meri age abhi 19 sal hai to abhi salary km hai to 1cr ka term insurance mil sakta hai.
@@kunalbalgewar459 Hello u will get it in advanced payout later in life
The problem with policybazaar and bankbazaar is that as soon as we give phone number, within 10 mins they start calling... This is very irritating... They don't give us time to see the options either
They are just doing their job out of India you peole said this is service but in india thta thing irritating you 😂
@@sachinkumar-vy7ux Yes I understand it is their job... But they themselves have provided a call back option... We can opt for it if we need more clarity. But they forcefully call before we have even filtered down to a couple of options. This is not a service, but a very bad irritant. I will ask for help if I need it... Otherwise what is the point of a nicely designed website??
@sudhir mk : never give ur number.. when u search in policy bazaar, just give a random number.
Bro i work with policybazaar. And its our job to call you and assist you are per to need and requirement. And if you feel that you dnt need assistant do not put down your mbl no, you can make a junk lead or test lead to visit and take information. But only 1 thing will happen if you dnt knw basic of plan like HLV calculation Eligibility then you cannot compare plan from your own as its normal portal where you can see all company but we are here to take your information proper and guide you better.
Make sure next time dnt put your no if you dnt want call
And 1 thing before visiting any website plz read the term and conditions mention coz every company mention that if you are putting down your no you will get call even if its reg in DND
this is one of my favorite channels. Mukul Ji talks about pros and cons abut each topic, with no-nosense. Kudos sir ji.
Thanks for appreciation Abhi
I was about to take an endowment plan for the tax benefit and then I calculated my returns. I realized even in an FD I will get better returns and I have an insurance with my employer as part of the group insurance policy for which I had to literally pay nothing. And for tax benefits... There are 10 other ways. But this video is really helpful for someone who doesn't really sit down to evaluate how much money goes into what.
Hope it's helpful Snehal
I want to invest 50000 rupees in NPS. Tell me is it ok? ,right?
I don’t hav degree of 10 th std..will I get team plan insurance oh 1 cr .. I do ITR filling every year above 6 lakh .. plz tell me on ..
2 sal pehle kharida tha icici ka term life insurance. Ye sabhi chize dekhi thi and compare kiya tha.
Critical Illness, Accidental and premium weaver sab liya hua h.
Abhi meri age 25 h
😌
Premium kitna hai
@@amankadyan2689 2k
Always amazing, I always encourage my family to keep insurance and investment separate. both have different purpose
Idea lag gaya hai ki ye Policy bazaar k promotion tha. Dhanyavaad
The best part is the clarity of thought and crystal clear pronunciation.👍
Thanks Abhishek 😊
Unfortunately, many people have bought Insurance-investment plans rather than Term insurance.
Yes Tanmay
Yes sir specially agents sold us and we didn't buy those clips and endowment plans
Har koi betha hai apke pese mein sendh lagane mein, so save your money 💰 yourself 😜
Please make a video on portfolio for a retailer investor. Kitna % FD, SIP, SGB, mutual fund, stock etc.... ek ideal case apke hisab se
Sir u guide properly and there is clearity in ur thought. u r a good person. Love ❤ u .
Thanks for your support Abhay :)
❤️❤️❤️❤️Excellent analysis... everyone should watch this...❤️❤️❤️❤️
Thanks for your support 😊
All your videos are clear cut with a straight message. There are few other youtube speakers who create suspense and thrill even in finance videos and they always forget that they are not recording Alif Laila type of serial, its Finance.
Itna gyan h to bond padh ke batao hindi me wo kyu chupate ho term plan uthao company ka or terms and conditions pure padho.
Sir India ke ongoing real estate bubble pr video banaye sabko abhi bhi yehi lgta h real estate is best investment.
Please let me know which company provides Term insurance of 1 Cr. at 600-700/- month ?
No company available. You are saying that because you have seen policy bazar ads.
Pls make a separate video on various riders available with policies!
Valuable information sir... great job👍 Thanks a lot
Keep learning 😊
नमस्ते सर 🙏कृपया मार्गदर्शन करें ,टर्म इंश्योरेंस कौन सा बेस्ट रहेगा और इन्वेस्टमेंट example lic etc. कौन सा बेस्ट रहेगा
Lic
सर जी आपने ग्रेजुएट हैं आप 500000 का आइटीआर भरते हैं आपको तभी टर्म इंश्योरेंस मिलेगा यह आप को बेवकूफ बनाने का काम कर रहे हैं एक करोड़ के टर्म इंश्योरेंस के लिए दोनों चीज होना बहुत जरूरी है अगर यह आपके पास है तो मैं आपसे कहूंगा कि आप अच्छा सा क्लेम क्लेम रेशों जिस कंपनी का 98 परसेंट से ऊपर है
एक करोड़ का टर्म इंश्योरेंस लेने के लिए साल की इनकम कितनी होनी चाहिए
@@prashantpandey3733 मैंने मैक्स लाइफ इंश्योरेंस का टर्म इंश्योरेंस आज से 3 महीने पहले एक करोड रुपए का लिया था जिसमें उन्होंने ₹500000 का आईटीआर मांगा था और मैक्स लाइफ इंश्योरेंस का क्लेम रेशों 99.22% है मेरा टर्म इंश्योरेंस रिजेक्ट हो गया ऐसेट योगी वाला जो चैनल है यह गलत जानकारी दे रहा है
@@prashantpandey3733 can I call you.... Please send me your number....
Very good information all about insurance plan.
Thank you :)
thank you good points
Thanks Ramesh 😊
Thanks mukul sir,for providing us a right knowledge in the right manner.
Your videos is very easy to understand &more knowledgeable &8nformative. i love finential knowledge till one an half year because of only for you sir....
Simple and crisp Video. I feel not just claim settlement ratio we should also know how much amount of percentage of claim is being settled for example if somebody claims 100/- rupees and receives only for 80 rupees so it means 80% settled. How to know this ratio ?
Need base information!!
Can you explain the difference between Online vs Offline products?
Also give the names of Online discounts in term plan?
And, what's is earnings for policy bazar on online products selling??
Really valuable and studied guidance with knowledge
Thanks 😊
Thanks sir i was about to join kotak as advisor this video will help me to sell life insurance. Thank you so much for guidance
But what we get in the market even ? U deduct inflation from that too, and the risk factors. Term insurances premium is not that cheap. If take insurance u gain 6% and u save money in term insurance, that is as good as gain.
Great video for life time Also valuable for Human being .Also called benifits of life insurance to people.
Keep learning Ajay
Sir pls make video on money lending business model, rules and regulations, license,tax etc
Pls sir ..🙏🙏
Mukul Ji, Can we buy more than one Life insurance. If yes, than can we claim all of them and difficulty may come while claming.
Insurance company cannot shutdown instantly, they can sell their business ad per govt guide lines.
Other details are useful.
Sir I watch all your videos and I must tell you that you are very knowledgeable person. Thanks
Keep learning
I started loving finance because of you sir. Thank you.
आईसीआईसीआई प्रू, एचडीएफसी लाइफ, मैक्स लाइफ, टाटा एआईए और एलआईसी का 5 सालों के परफॉर्मेंस के हिसाब से c comparison करके टॉप 5 की लिस्ट प्रोवाइड कराइए सर। जिससे लोगों को पॉलिसी लेते समय कन्फ्यूजन ना हो।
कौन- कौन से राइडर एड करना जरूरी है?
Valuable information sirji❤️it 👌.....🙏...👍
Thanks Laxman :)
After doing my internship in insurance company I realised how an insurance agent was fooling up my dad by selling them insurance investment plan since 1990
And I am proud sir you are guiding people about this
The knowledge is very true and guiding
Thanks Himanshu, Keep supporting 😊
@@AssetYogi
RBI और गवर्नमेंट देश को फिर से एक बार विदेशी लोगों को बेचने की तरफ कदम उठा रही है
सरकार चैनलों पर सिर्फ बड़ी बड़ी बातें करती रही है
देश में इतना बड़ा लॉक डाउन किया जिससे देश की जनता गरीब बन रही है
धर्म और राजनैतिक मुद्दे तो ठीक काम कर लिए लेकिन देश की आर्थिक स्थिति पर अब भी मोदी और उनका मंत्री मंडल ने कुछ विशेष हासिल नहीं किया
उलटे देश के महंगे संसाधनों को देश के काले अंग्रेज बिज़नसमन को बेच रहे हैं हैं लगातार |
कोयला , रेलवे , एविएशन, ऑटो सेक्टर की हालत गंभीर है इस पर से मुह फेर लिया है और अब हमारे इन्सुरांस कंपनी एल आई सी पर भी इनकी नजर बन रही है
देश के इतने महंगे फाइटर जेट भी ख़रीदे ठीक है लेकिन इससे देश का बैलेंस शीट बहुत गड़बड़ा सकता है जिसे ठीक करने में कई दशक बित सकते हैं
बंद करो देश के पैसो पर वाहवाही वाली राजनीति |
Yes, Brother the same thing was happening with my father. His agent was fooling my father selling costly Insurance with minimum benefits and charging premium even for 5 members of my family with five separate insurance(mother and 3 sibling)
Amazing.........nice..........
DinSeeTalk
Sirf Aapke Faiyede ki Baat
Clear my all doubts. Thank you Sir
Hope it's helpful Kavita 😊
Thanks again sir
Hope it's helpful 😊
Very useful information Sir Thanks
Welcome
Thanks a lot, this was very helpful
Thank you, well explained ☺️
Thanks Madhava
sir app health insurance benefits pe bhi video banaiye
बहुत अच्छी जानकारी दी आपने।
Dhanyawad 😊
That's superb raise to the power infinity Mukul.
An excellent video.
Can't thank you enough
Thanks for appreciation 😊
Nice. Thanx 🙂👌🏼
Welcome 😊
What a coincidence sr
Iam also watching such a kind of insurance
Thnx sr🙏
Hope it's helpful Mangesh :)
Very informative video. Thank you!!
Hope it's helpful :)
In bank, offices don't get any commission. From insurance bank get TPD fee income.
App ne bohat bariya bataye sir ji
Dhanyawad 😊
Very nice video..कृपया जानकारी दिजिएगा कि term insurance अधिकतम कितनी उम्र तक हो सकता है
Up to 99 years of age.
Respected Sir plz advice kis company ka term insurance lena better hoga.
Thank you so much Mukulji ...Really valuation Info👍
Thanks Rahul 😊
I think very very informative video on this channel.. really important information shared by yogi ji.... thanks buddy!
Thanks Gaurav :)
Valuable information provided by you Mukulji.
Thanks 😊
Pls make a video on what is the difference b/w term insurance and endowment insurance🙏 Everyone uses the word "term insurance" very commonly in finance videos, but then what is it and what is non term insurance policies?
Watch this video: czcams.com/video/q7iGqIna4Ss/video.html
Please make video on LIC policy
Ek chiz puchni h k agr kisi ke pass multiple insurance hai to agr koi mishap hota hai to sabhi insurance company se claim settlement milega ya fir sirf ek se??
Sab se
Very important information u have given sir...
This time video quality backround was good.
Thanks 😊
My IT Company is providing good health insurance and term insurance to employees. Should I again invest money to take health and term insurance from outside.
Kindly tell more on term insurence with ROP and which is ideal company
Very nice video... please help us with the best plan I am sure you can do that better from all of us which will help us all
Very informative. Ty
On what grounds a company can reject claim settlement??
Hi,
Very good information
Please add videos on
Tax saving
Is it good option to get home loan for tax saving?
Sir, aapke salaah se kon si company ka insurance lena chahiye? Pls
Thanks Sir, for sharing such a wonderful video.
Hope it's helpful :)
One of the best video I came across. Thanks a lot Sir
Sir can we use the terminologies like 'term insurance' and 'endowment insurance' for health policies also? Or are these 2 words reserved for life insurance policies only? Pls enlighten!🙏
Watch this video: czcams.com/video/q7iGqIna4Ss/video.html
@@AssetYogi Thank u sir, will do! 🤗
Pz make a dedicated video about health insurance
Stay tuned! Coming soon...
@Asset Yogi please advise of buying policy from the Insurer directly or through policy Bazaar and other brokers right choice and how does that impact while claim settlements? Thanks
Not much but you have to inform that your family what ever mod you selected
One perfect video to rely on for Risk management.
Thanks Durgesh :)
thanks for giving this information for free
Keep learning
Sir,
If you cover MWPA(Married women property act) benefits in insurance, then it will be great.
Sale deed na ho or agreement for sale ho to kya properly sale kar sakte he?
Kya hdfc life se term insurance lena sahi hoga.long time ye company rahegi ya nahi
Aapke Bahut hi badhiya videos hote hain. 👍👍
Thanks 😊
Thanks
Welcome
Thank you so much sir
Most welcome
Thank you valuable knowledge
Thanks, keep learning
Great👍👍👍
Thank you
Love you Anu g
Hi, Can you please do an analysis of Education Insurance? Thanks
Very very importent content you have shared. Thank you.
Thanks for appreciation 😊
Nice knowledge sir...
Keep watching
sir covid insurance pr video bnaiye
Sir, please ek video parents ke health insurance pr Bhi banaye
Thank u!
You're welcome!
Sr thank u so much for ur initiative but i need a help m mba student with finance specialistion and my exams r coming soon and it is objective type,sr plz.. provide video of objective type, we students need it so much sr plz.. don't ignore my request
Plzzzzz
Plzzzzz
Plzzzzz
Sir term insurance ke exclusions, force ameasure clause and section 54 pe b ek video banao ye point clear krne ko.
😂😂 sahi h bhai
Thank you sir, Your video is very helpful. Can we buy multiple Term plan from different companies?
You can buy two or more term insurance plans to fulfill your insurance needs. It is possible to have more than one beneficiary for the insurance plan. If you have two insurance plans, there is no stipulation of nominating the same beneficiary for both the insurance plans
@@AssetYogi Thank you Sir
Sir i wanted to buy term insurance. Which is better to buy policy bazar or direct companies as max life, Hdfc icici ,etc .plse suggest policy bazar is better or max life (direct)
Contact an insurance advisor
Very knowledgeable video 👌👌👌👌
Glad you liked it
@@AssetYogi thanks
Who told you that policy bazar has its own claim settlement team ?
They don't have a settlement team. It's solely done by the insurance provider. But I think what he is trying to tell is that they act as a facilitator and they have a team that will help us with the claim settlement process
😂😂 kids policy bazaar is providing claim assistance and also no insurance company can reject after 3 year as per sec 45
They actually just pushes u to buy a policy. Leave alone help in claim settlement, I cancelled a policy in free look period and companies denied refund of paid premium and policy bazaar was so irresponsive. One of policy bazaar person also comented in one of the comment, the company's attitude is same irresponsible and pathetic.
@@parmodgodara299 If policy will be no amount will be refundable
@@babakayogi if we cancel in freelook period they have to payback the paid amt.
thank u very much
You are most welcome
please make a similar analysis for health insurance
To buy policy offline is better than online policy..purchasing
I really love your all videos.. great job 👍
thanks a lot
You are most welcome
I love your videos and knowledge
Thanks Amit 😊
Should we buy term plan online using et money app .Is it gud and safe?
Sir please make video on depository receipts.......
Global depository receipts
American depository receipts
Indian depository receipts.......
This is my humble request to you.......
Sure. Noted.
@@AssetYogi very very thank you sir........
Sir main Canara HSBC OBC ka term insurance liya. sahi ya galat?