✔️Ditto► Book a free consultation call with Ditto Insurance now: bit.ly/41wlS92 ✔️ Blog Link: www.rachanaranade.com/blog/understanding-term-insurance-riders
@pareshsahare
Жыл бұрын
Hi Rachana Madam, I know you will not reply me but if you can please. My one of the friend he experiencing heart problems because no company has provided him a health insurance/term insurance In this situation, what should he have to do ? Thank you, Paresh Sahare
@vnithiyanandam
Жыл бұрын
If your bike is more than 150cc they will reject your claim.
@debottammusic6105
Жыл бұрын
Very useful vlog ma'am..🙏❤️
@sagaradhau1526
Жыл бұрын
Madam, which insurance you have taken
@sudhakara7581
Жыл бұрын
Mam, now a days I observe the contents to be very much promotional/sponsored. Your objective of financial freedom by adding knowledge is getting low
@feddythechamp
Жыл бұрын
Afterall she also has to earn bread and butter.
@shivakumarhyd
Жыл бұрын
@@feddythechamp she can buy a small size bread and butter factory
@abhilashravichandran
Жыл бұрын
@@feddythechamp same story everywhere. It's useless blaming others.
@thakur2622
Жыл бұрын
@@feddythechamp better you focus on learning something else don't watch.
@rajatkochhar3951
Жыл бұрын
She has a big team to prepare the quality content and requires to do promotions to pay salary and expenses. Try to understand, she is not govt. funded
@mohithbodhankar
Жыл бұрын
One point i wanted to add here on critical Illness rider is that some insurance providers has clause that they have to survive for 30 days to receive this critical illness amount which is missed by lot of people while buying insurance
@kandanr9052
Жыл бұрын
Virtual brokers also gets huge brokerage without spending much money... But individual agents life is not like that....
@basavarajvkatti
Жыл бұрын
Illustrations are really good and demonstrated very well. understood very well about the Zero cost and implications. thanks a lot Rachana Ji.
@chahat304
Жыл бұрын
Ma'am aap bahut badiya explain karte ho....keep on ...
@CARachanaRanade
Жыл бұрын
Thank you
@Mebrown_NoBot
Жыл бұрын
That GST factor was a new thing!!! I didn’t know that
@PAVANKUMAR-fo6iu
Жыл бұрын
Cover some points in which conditions claim can be reject in term plan. Also data how many claims rejected and what was the major causes. So that customer can ask before taking term plan
@sms9865
Жыл бұрын
Good Information
@kuldipssingh9044
Жыл бұрын
Great mam. 👍 BUT Critical illness payment only after he/ she survive more than 30 day's after detection... Pl check & confirm. Thanks
@mehulbaheti2625
Жыл бұрын
Hi mam, You forget to cover 1 imp thing in this video is now days Insurance company are allowing zero premium term plan and any premium we are paying is invested by insurance companies in Equities with combination we chose. For example: TATA AIA term plan invest in their own shares and we can redeem/surrender that policy any time i.e. there is no lockin to surrender. So isn’t that a great policy with following benefits: 1. Zero premium with invested in equity 2. No lock in to surrender your policy 3. Many other are there Thanks mam for this video 🙇🏻
@2615Prasad
Жыл бұрын
I don't think GST is 18%. It 4.5% in first year and 2.25% in subsequent years. But your point is well taken
@venugopalramasamy4533
Жыл бұрын
18./. GST
@2615Prasad
Жыл бұрын
@@venugopalramasamy4533Please verify before commenting. I recently took a policy for my son and GST is 4.5/2.25%. 18% is not applicable for everything
@balasubramanian1917
Жыл бұрын
@@2615Prasad For Life Cover option GST is 18% and For Life Cover with RETURN OF PREMIUM it's 4.5% for 1st yr and 2.25% on subsequent years. For NRI GST's will be waived Off ✌
@pulkitjain7267
Жыл бұрын
A few things need to be clarified: Critical illness coverage will only be given if doctors confirm that the person will not survive more than 180 days from the day diagnosis started. Also, clarify on increased sum insurance and spouse benefit. What are the points to be considered to choose a company? What are the reasons for claim rejection other than false information? How could IRDAI or the government help to settle a claim if the company holds it? Is there any condition for the companies to pass a claim in a particular time frame?
@nfifwi
Жыл бұрын
Myopic view on the science of income assurance, replacement of human enterprising worth in terms of income. Scope of Life Insurance is much much more than covered in this video
@sanjaysakhalkar3813
Жыл бұрын
Only term insurance covered
@panchalpact
Жыл бұрын
Today Mr. Chandu & Mr. Bandhu clear all my doubts about term plan. Splendid elaboration of term plan by Rachana ma'am.
@teamajaygupta
Жыл бұрын
Pl inform about the claim value rejection ratio.Companies may tend to reject bigger Sum assured cover.
@MOHITSHARMA-cl8yr
Жыл бұрын
Mam koi bi insurance or term insurance online lena chahye ya off-line which is better. And what are the advantages & disadvantage of both.
@poojabind4912
Жыл бұрын
Offline branch true
@mkmeganathan9097
8 ай бұрын
Mam, it's a Great learning today
@Vinodpandeyofficial
7 ай бұрын
**What is an ideal maturity age of the policy? 60-65 age (best & premiums low)** Term insurance is typically known to be taken for income replacement, if something happens to the bread earner the people who are dependent on the bread earners should not face any hardship that is the reason why a term insurance is taken or a life insurance is taken. **What is an ideal cover for a term plan?** (if you have investments & net worth then go for 10x annual income or smaller insurance & if you don't have and you have labilities then go for 20x) **Should I buy a Zero Cost term plan? “NO”** **Should I add riders to my term plan?** Critical illness rider & Income Benefit on Accidental Disability Rider.
@007ravimeghwal
Жыл бұрын
Can we change the nominee after taking the policy? ex. In case anybody's nominee died before the policyholder 🙊
@caanitabhadra9138
Жыл бұрын
Wow ! What an interesting way to explain complicated issues in a simplified manner. Great Job, Rachana.
@CARachanaRanade
Жыл бұрын
Thank you for your feedback 🙂
@ranveerjhajj
9 ай бұрын
As a government employee, I have pension benefits upon retirement and family pension upon death, which will be 50% of my last salary withdrawn. Do I need a term plan?
@mihirvedula5545
Жыл бұрын
Very informative video mam . Thank you very much
@vidhyadhartirlotkar5751
11 ай бұрын
Thanks Rachana Madam for very important information about Term life insurance
@Arunkumar-mh1vp
8 ай бұрын
Thank u for explaining in a simplified manner,,, One question is if a person ' X 'n his wife both r employed...is it really needed to take a term policy by X?
@rohitkini6659
Жыл бұрын
Very informative video. More info and comparison on riders required..Riders are relatively expensive, separate personal accidental policy comparatively better..
@CARachanaRanade
Жыл бұрын
One has to evaluate specifics of each policy and decide.
@vikramg805
Жыл бұрын
Madam can a person buy two term insurance plans while his income is below 5 lakhs
@ShekharRane-th5ob
Жыл бұрын
WONDERFUL JOB RACHNA
@midhun153
Жыл бұрын
Thnak you for re-doing vidoes on important topics like this. Especially since the information get outdated. Like, Many including this Channel still do videos on topics like "renting is better than buying a buying an apartment". Yet, its not vaild since last year since rent especially in city like bangalore has skyrocketed!. Anyway thans for the video!
@mayanksingh7658
Жыл бұрын
Video is well explained but as people we need to understand that we as middle class people always a have tendency to seek for the returns what we are getting after paying the amounts. For me starting my term insurance at age of 30 If I m paying monthly instalment of 3000 for till the cover age of 85 will lead to Rs.19,80,000/- which is a huge amount i have paid to insurance me for the sum assured ( Return on death before 85 ) will be 4.5 CR. So Even If considering inflation and every aspect, the Sum assured recieved to my Son /Daughter at the age of 40 or 50 will be valuable to them. At the same time I m getting tax benefit under 80C in old Regime. So in every aspect Its good For individuals. We all know that we will die by the age of 75 if we are 90s Born in this current lifestlye. So depended on Bread earner should be covered under such amount which will be valuable for family for in current scenario or even after 40 yrs. Its should be a wise decission to go for a higher premium. Parallel if some one want to save something then should Think of SIP of same amount till next 30 years, which can give them a return of Approx 1CR. which can be considered as retirement fund for the fellow at the age of 60. Layman people don't have a mindset of investing the minute amount. They may reduce the amount in Term plan but rest of the amount if they are not investing then it will be consumed under daily or monthly expenses. So rather buy a term insurance of 25X of Last 3 yers income + Invest the same same amount in SIPs for 30yrs.
@L.M.A.888
Жыл бұрын
Can you please discuss about "medical insurance" policies. Wheather term or with return on maturity, etc. Thanks.
@satyverma76
Жыл бұрын
Madam, What about theaffect of the networth of the person for the family with a term insurance beyond 60 years as this can have an impact on the family members willingness to take care of the old aged parents
@rohitsable9843
Жыл бұрын
Very nice information mam 🙏
@karthikchandrashekar4983
Жыл бұрын
Your way of explaining is very good 🙂 I have set my preference as below after some initial re-search, let me know anything need to re-assessed or need to be considered. 1. I am taking policy with no return of premium, i prefer lowest premium possible, also want to pay off premium in next 10-15 years (Work in Software industry, not sure how long will work 😀). 2. I am planning to take coverage till the age of 60 (My daughter will be 27 by then). 3. Sum assured is enough to take care of house hold and education of my daughter. 4. Haven taken critical illness and disability rider.
@anandakumars8272
Жыл бұрын
Really extraordinary and extremely valuable content. Everyone must watch this vedio. Madem could you suggest us we like a common man where should I buy term Insurance or how do I know types of critical illness.
@asureshkumaran
Жыл бұрын
Excellent information. Thanks for sharing this information
@iliyaskhan7856
Жыл бұрын
I have term plan with limited premium payment option but I didn't add rider in starting,now I want to add rider ,is it possible or not?? If possible,I have to pay the premium upto limited term or till the age of risk cover. Please reply mam❤
@RohanCutinho
Жыл бұрын
i want to take a term insurance, where my wife says its waste where we get life insurance pays money after maturity ..... not sure which one to choose
@dhananjaydeshpande5635
Жыл бұрын
Please tell us what is proper age to buy term insurance ? Whether buying term insurance advisable when person reaches his 55 years or beyond that ? How to decide sum assured ?
@nelduderules
Жыл бұрын
We have heard that adding riders can complicate the term claim, how true is that? If the 0 cost plan is of the same cost as normal plan, is it advisable to take?
@CARachanaRanade
Жыл бұрын
1 - I have not seen any such case. 2 - It would not be possible in the first place.
@harishyarrakula8749
Жыл бұрын
Instead of Life insurance, Can banks allow term insurance as a home loan protection insurance??
@dhanyasunil9079
Жыл бұрын
Please make a video on the new RBi rule that we need to produce bills while selling gold. In india gold is accumulated from childhood till a marriagable age in such cases how does RBi expects us to preserve bills. Now tgis is the assest we can sell fir immediate money . What are the options applicable? Pl highlight.
@dhruvaswal5429
Жыл бұрын
Point 1 was really mind opening.. never thought so easy thing ❤
@PAVANKUMAR-fo6iu
Жыл бұрын
It can be a legacy amount also if you take it for long term but premium paying capacity should be planed
@akashmahadevpatil
8 ай бұрын
Thankyou ma'am for sharing your knowledge and time with us.
@DeveshJoshi0
Жыл бұрын
what a great way to explain
@sumitgurjar1212
Жыл бұрын
Pl. Review TataAia sampoorna Raksha term plan
@dejaitech2137
Жыл бұрын
Bhai mne le rakha h. If u want any help, u may connect
@sumitgurjar1212
Жыл бұрын
@@dejaitech2137 mene b le rakha h dost. Isiliye review mang Raha hu. 4 friends ne liya h hamne
@shaikh4695
Жыл бұрын
Hi.. Madam pls do a same video on health insurance
@antim28
11 ай бұрын
The video is really great with fruitful information, but I am a NRI and living abroad. So, I need some more information on NRI based term insurance plan in India. Can you make a video on NRI based? Thanks
@rameshkotanur2902
Жыл бұрын
Thanks Ma’m for this video..amazing explanation… Request to make video on Health insurance as well..thanks🙏🏻
@NagarajCruze
8 ай бұрын
Let’s say a person took 0 cost term insurance and he is now 55 have invested in sip for so many years and now he has 5 crores, now he can surrender the policy and stop paying the premium for next 5 years right? Also nowadays all term policies coming with built in 0 cost add on.
@motivsuccess88
Жыл бұрын
Do you know anyone who received a term life insurance claim after the insured person passed away?
@sandeepkumar-ol5lg
Жыл бұрын
You nailed it. Your unique explanation is an eye-opener for both newcomers and fellows already in the market
@phyowai3834
Жыл бұрын
Labour Law Advisor has uploded video on May 17, 2023 and she copy paste it . . . isko to chor bhi nahi keh sakte kyonki iske followers CHUTIYA hai
@futuresaving.1597
Жыл бұрын
Always correct thanks for Awareness
@rakeshtatyasahebkhotkalpta6983
Жыл бұрын
Thank you very much for your wonderful videos and enlighting with knowledge for viewers like us..
@hanumanthusrinivasrao3333
4 ай бұрын
Please make a video on what cases term insurance will get rejected
@vnithiyanandam
Жыл бұрын
Incase of accident the insurance company has trick. If your bike is more that 150cc they will deny reject the claim @rachana
@nakujh
Жыл бұрын
Even if there is no financial dependency at 85, what is the harm in getting extra money? Who know what might be the situation of his son then?
@xjwostselva
Жыл бұрын
Nice english with a marathi touch. thank you. i watched before i advice my son on this policy.
@sonalaron9176
Жыл бұрын
Is there any other disadvantage of buying a policy where the premium is returned after a certain age? Like higher being premium charged because of this clause or some other loop hole? @CARachanaRanade
@MExpertSolution-ww5kw
Жыл бұрын
Thanks and Amazing skill want to learn more with you .
@sanjudakshi5335
Жыл бұрын
Brilliant explanations.. Simple to understand..Appreciate..
@sipinkpaul8668
Жыл бұрын
We need to mention our health insurance details or enough only our life insurance details ?
@virpakashhiremath4799
10 ай бұрын
ONE OF POINT IN THIS VIDEO I WANT TO KNOW CAN WE APPLY FOR HEALTH INSURANCE CLAIM AS WELL AS TERM PLANS CRITICAL ILLNESS IF WE SUFFER CRICTICAL ILLNESS LIKE CANCER AT A SAME TIME IS IT OK WITH IRDA RULES
@AnnavaramSathibabu
6 ай бұрын
Is it better for me adding riders in term policy even though I am having health policy. Please tell me.
@nitin1776
Жыл бұрын
Simply Awesome 😎
@swapnayogesh2868
6 ай бұрын
Suggest if we are buying term insurance for the coverage till 60 to 70 years by paying low premiums but what if the policy holder outlives beyond this age ? Then this insurance policy will end with no benefits right?
@rupeshpatil6957
Жыл бұрын
Hii Madam, Thanks for increasing our awareness and knowledge day by day. Could you please make a video on purchasing the rider plans which we can buy separately not with a term plan? I personally took a pure-term plan from LIC and would be interested in buying the accidental rider going forward. Thanks in advance
@phyowai3834
Жыл бұрын
Labour Law Advisor has uploded video on May 17, 2023 and she copy paste it . . . isko to chor bhi nahi keh sakte kyonki iske followers CHUTIYA hai
@antonygreetan
Жыл бұрын
Claim settlement ratio is another aspect one must consider before taking a term insurance.
@mohammedsaifuddin2511
Жыл бұрын
I was just going through KZitem on term insurance and here is the best video ❤
@gauravsharma7102
Жыл бұрын
If u are looking for a term plan then I will help u
@Ganeshay-996
Жыл бұрын
@@gauravsharma7102 then u can mention here all and all get information.
@gauravsharma7102
Жыл бұрын
@@Ganeshay-996 ____gauravsharma____
@shankssl1310
Жыл бұрын
Beautifully defined for a common man to understand easily
@pulinsamantray6571
Жыл бұрын
This video is excellent education on Term Insurance. Loved it .
@santhoshsg3497
Жыл бұрын
Mam please make a video on DEFFERED TAX LIABILITY. How it is treated in accounting and how to analyse while investing
@lathakishoretutorials
8 ай бұрын
A person of age 30 takes a term insurance for 30 years and he dies at the age of 70 years. Now how much amount will the nominee get from the term insurance? The nominee will be getting nothing. Term insurance amount will be given to nominee if the insurer dies (except suicidal) during the term period then the amount will be given to the nominee.
@sivakumarjagadhesan7404
7 ай бұрын
Hi Madame, I've seen your videos and its very informative and useful for people like me., thank you for the great work and i hope by the number of views your time is well rewarded. Thank you again for the entire team,.
@chandrun9611
8 ай бұрын
Which plan to icici/max ?
@dharmasastha1150
Жыл бұрын
Excellent video advising on age factor and rider policies ❤ Please share some thoughts as what will happen if the insurance company we chose gets closed in 30 years time ?
@MrPanckaj
Жыл бұрын
If any private company willing to wind up its business, then they can’t do as and when they wish. There are some regulations to it also. If any company willing to wind up an insurance business then it has to merge with a new company and then bail it out of this business. In this way, an insurance company can’t close business and run away from the responsibility towards an insured person.. Therefore, when it comes to insurance regulation, including LIC all companies are equal and have to adhere to rules of IRDA. Hence, without any hesitation, you can buy an insurance product with private insurers too. Hope with these strict regulations it is hard for any company to wind up its business overnight.
@anupamsadhukhan5620
Жыл бұрын
best video on term insurance over the youtube. pls makr vdo on comparison best term plan provider....
@dheerendrakaibartta663
Жыл бұрын
thanking you sir
@sanjaydey3903
Жыл бұрын
Excellent Video .......... Very Informative
@CARachanaRanade
Жыл бұрын
Thank you
@doomslyr
Жыл бұрын
That is one interesting perspective... I was about to but TI... now am recalculating.. Thanks :)
@ramish31
Жыл бұрын
I was perplexed with Zero Cost Term insurance. Your explanatory video really helped me understand the difference.
@AbhishekSharma-er2rd
Жыл бұрын
Thank you for such an imp key points...
@karan4163
Жыл бұрын
Mind and eye opener video❤
@IdeaOfIndia21stCentury
Жыл бұрын
Is high risk involved with Armed forces /Paramilitary/Police forces also covered in Term Plan Insurance ? Plz reply which will be best term plan to cover Person employed in these Services ?
@kkvrajkiran
Жыл бұрын
Hi Can you cover point on term insurance from our ICAI.. is it good to do that or any points to be considered.. As understood it's for one year renewals.. and slab of premium as per age..
@josephinelarive6699
Жыл бұрын
Thank you Ma'am for your valuable information . God bless you .
@travellerkp
Жыл бұрын
Thank You so much Ma’am, This video is very helpful and it gives different perspective to term insurance. I understood that who needs a term cover,why he needs and what amount should be. Thanks 😇
@rajeshdeshpande8536
Жыл бұрын
Thanks for video on term insurance. Unfortunately some middle age people stuck with some LIC policies that are not profitable. Please suggest it will be good idea to surrender them.
@CARachanaRanade
Жыл бұрын
There are various factors which differentiate one policy from other. One has to evaluate themselves and take a decision.
@saymanishca
Жыл бұрын
What about limited paying term like 5 years or 10 years or we should choose annual premium payment till policy term
@vikasmore164
10 ай бұрын
Very informative ..Shubh Diwali 🎇🪔
@abhi13091985
Жыл бұрын
@CA Rachana Phadke Ranade : Talking about Zero Cost Term Insurance. First you talked about taking term insurance only till the age your dependents would be impacted because of sudden mishaps. You essentially wanted to emphasize on the fact that by the age of 60 your dependants would already be earning and would not need any financial support irrespective of the fact you are there or not. Now coming to "Zero Cost Term Insurance". Let's say I took cover for 70 years but at age of 59 I see that my son is doing fairly well and probably there is no need of term insurance for my dependents. In this situation, would it not be a better thing to get back all the premium paid till age of 59. I totally agree with your statement that I would not get any interest on the premium paid to my insurance but what benefit would I get if the money stayed invested for next 10 years till I turn 70. Would I be getting my money back? If answer is No then why should I not surrender my insurance and get the money if I dont see the purpose of continuing that insurance any further.
@aartisarda1595
9 ай бұрын
Should we pay the insurance premiums faster or in a long span of Time
@shaktisingh8481
Жыл бұрын
Excellent video....I just called my advisor today for term plan and having watched it made me feel I will take a wise decision.
@AjitYadav-gp9kb
6 ай бұрын
Very well explained ma'am . thanks
@ketandamle7729
Жыл бұрын
For a change you have a very relevant opening pitch for this video.
@vinzreality
Жыл бұрын
Thank you very much maam. This was a very informative and eye opener for me esp when I was deciding to take a term insurance. Looking forward to such informative videos in future.
@neelamsarma8058
Жыл бұрын
One correction- The critical illness rider doesn't just give out money when diagnosed with disease like cancer. It has to be at a certain severity level that the person doesn't have much hope to survive. Now suppose mr. Chandu has been diagnosed with stage 1 cancer, he doesn't get the money. But if he is in stage 4, he gets the money.
@drneetukushwaha9783
Жыл бұрын
No,money is given at diagnosis on any level
@sobhanbabu1883
Жыл бұрын
@@drneetukushwaha9783Whether the money received would be the total insured amount (say 1cr total term plan) or the critical illness amount (say 5lakhs )?
@gulabsyed3255
7 ай бұрын
Thanks mam for your beautiful and amazing explanation. 🎉❤
@aayush1508
6 ай бұрын
Who / Which agency edits your videos - eg. special effects in video and audio etc ? It's really good.
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