A Mutual Fund is a body corporate that pools the savings of a number of investors and invests the same in a variety of different financial instruments, or securities. The investment objectives of a Mutual fund specify the class of securities a Mutual Fund can invest in. Mutual Funds invest in various asset classes like equity, bonds, debentures, commercial paper and government securities. Mutual Funds provide Lower minimum investment, Professional Fund Management, Diversification of Investment, Transparent and well regulated.
Life insurance can be defined as a contract, in the form of a policy, wherein an insurance provider undertakes to provide financial coverage to an individual in exchange for a payment over regular periods of time called a premium. SaveOrInvest Life insurance provide Whole life, universal life, variable life, term life, and other types of protection products Fixed and variable deferred/immediate annuities, Long term care, Retirement services and investment management support- 401k plans and superannuation products.
Health Insurance is an insurance policy that ensures that you get cashless treatment or expense repayment, in case you fall ill. A health insurance policy reimburses the insured for medical and surgical expenses arising from an illness or injury that leads to hospitalization. The insurance company provides the insured with the facility of cashless hospitalization at a network hospital or provides a reimbursement for the incurred expenses.
Car Insurance or motor insurance covers for losses that you might incur if your car gets damaged or stolen. SaveOrInvest Provide services for Coverage against loss or damage to the insured vehicle, Coverage against loss or damage to your vehicle caused by accident, theft, fire, explosion, self ignition, lightning, riots, strikes or act of terrorism, natural calamities, Coverage against financial liability caused by injury/death of a third party or damage to the property , Personal accident cover.
