CHOICE Life Insurance introduces Investshield

One of the drawbacks of our education system is that most of us are not trained to be financially knowledgeable. We are experts in the areas of our graduation and post-graduation, but when it comes to managing our investments and wealth correctly, we don’t do so well! Life though is so full of surprises, and sometimes these are not of the good kind!

Most of us are well aware of the difficult situations we may experience and we have a hazy knowledge about life insurance and the policies that we can buy to overcome the tragedies of life! But how do we choose a life insurance policy? Which is the best one? We may like the Policy A because it appears to be very lucrative, however it may not be the right one for us and then we come across Policy B which ticks all the right boxes and is most suitable for us, but does it give excellent benefits?

Choice investshield
All these doubts can take a toll of your time and productivity! Well, fear not! Here’s something I came across today!

CHOICE (Canara HSBC OBC Life Insurance Policy Limted) is all set to launch a part protection and part investment plan. This plan provides protection features through different benefit options to suit and facilitate our needs.

Aptly titled #Investshield, this life insurance policy aims to help you achieve your financial goals and at the same time endeavors to protect them when you’re in an adverse situation!

The salient features of this scheme are as follows:

1. Its a plan that can be customized according to requirements.
2. Zero Premium and Allocation Charges to be paid.
3. Choice of Investment Funds and Tax Benefits.
4. Also, there is Partial Withdrawals and Safety Switch Options available.

It’s not only simple, but also available at your finger tips!

The four step procedure involving policy selection (by deciding on premium) , completing the proposal, making the payment and finally documents submission can be done from the confines of your workplace/home via the internet.

The entire process helps  in reducing efforts, avoiding cumbersome processes and  gets you insured directly eliminating the role of a third party in between.

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