There are Different reason why we save, some people save for retirement, to build a house, execute capital intensive projects. Others save for investment purposes etc. Everyone wishes to save but to actually save; we need more than mere wishing to save. One has to be financially discipline to actually save
Some Life Assurance Companies has a plan that can compel one to actually save, and when one saves through such companies, interest is being paid on whatever one has saved. In most cases the interest rate goes for as higher 10%/annum(a range of 5-10%) compounded interest for the period of the plan. We all know that with the introduction of Anytime Money Machine (ATM) and some banking products like salary advance, indiscriminate granting of loans and also with the quest to turn the economy into a cashless society etc.,the rate of withdrawal from our individual account is very worrisome and people have lost their savings culture. In the Life Assurance Policies, 100% restriction on one's life policy account for at least 24 months(2years). Most business of today started very small but the only difference is that because they have reserve to fall back for various business expansion and diversification they turned out to be great today. The creation of reserves means planning and providing for the future. Life Assurance companies can help one create a reserve for that project and investment objectives of yours.
It is no more news that there is a stage in one's life that He/She will be willing to work, very eager to make ends meets but unfortunately,the energy to execute this work is not available. This is a stage we call the retirement stage. If this stage of one's life was not properly planned for, one may live his retirement life in penury. It is in view of this, that my company came up with an idea, a plan that can guarantee a comfortable, luxurious, stylish, and befitting life in retirement. We all know that the prices of goods in the market cannot bend in the favor of retires and there is no seperate market for the retiree or the poor. Bills do not go on holiday at retirement. we should not allow the present glamour that our job carries to take us away from the reality of out living our financial usefulness at old age. At old age, one should not die economically and financially before the natural and actual death. People who go after wealth at old age at expense of maintaining a good health at old age would have their enemies inherent his wealth.
The good news is that there a many companies that has a plan(an idea) that can guarantee huge accumulation of fund or argumentation of income at old age to create a reserve for the depreciation after active working services since productivity reduces at old age. The expectation of this life assurance policy money at maturity from my Life Assurance companies will psychologically add more years to the life of a retiree who subscirbed to the policy.
Finally, there is no better time to start planning than now. Stop procrastinating, act now by signing up to Life Assurance policy and you will bless this day.
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