How can Life Insurance be an Effective Investment Tool?

JANHAVI SHINDE | January 23, 2019

article image
Investing in a life insurance plan can be a smart move. Definitely not because it just helps you save income tax, but many other aspects. Read on to know more about this effective tool here. We all know that life insurance is primarily meant to provide security and assurance against life’s uncertainties. And, many financial experts also advice to buy term insurance and invest the rest. But, have you ever wondered if you can use insurance plans as an investment? Well, you are at the right place to seek an answer.

Spotlight

PEMCO

At PEMCO it’s all about people – starting with our customers. After all, we’re a mutual insurance company, which means our policyholders are our owners. Because our employees think first and foremost of the customer, PEMCO consistently ranks high in customer satisfaction on a national basis and scores high in customer loyalty. Being local and Northwest differentiates us from our competitors, which are mostly larger national companies.

OTHER ARTICLES

Will COVID-19 Disrupt Insurtech?

Article | March 29, 2020

If there is one thing that we have all learned with the spread of COVID-19, it is that there is virtually no industry that is immune to its impact. The global pandemic is disrupting the daily lives of individuals, the operations of businesses, the activities of governments and even the approach of cherished institutions like museums, universities and religious organizations. The P&C insurance industry, like many others, is reeling from the implications of the virus. Amid the rapid changes, it is important to assess the impact of COVID-19 on the insurtech movement. After all, insurtech has always been touted as the ultimate disruptor of the insurance industry. But, might COVID-19 prove to be a disruptor to insurtech?

Read More

How insurance companies are responding to COVID-19

Article | April 13, 2020

Amid COVID-19, banks began offering mortgage deferrals and slashing credit card interest rates in half for cardholders who need relief. Home and auto insurance companies COVID-19 plans are now being released. How will this impact your insurance right now? How can you save on insurance during COVID-19, while making sure to stay protected?

Read More

AI and Virtual Assistant for Insurance Sector: 10 Ways to Maximise Performance

Article | February 17, 2020

Evolution in business concepts and implementation of the latest technology trends are driving the thriving growth of businesses. Among all, artificial intelligence is best known to transform a business by automating the processes and making the tasks seamless. And the inventions like virtual assistant and chatbots are practically implementing these concepts to showcase results that promise skyrocketing growth and boost in business.

Read More

Do I Need Professional Liability or E&O Insurance in Massachusetts?

Article | March 3, 2020

In a nutshell, Errors and Omissions (E&O) insurance is a professional liability insurance policy created to protect professionals, employers, and employees from claims of inadequate work or negligence. Here in Massachusetts, it’s a useful policy for professionals who work with contracts, finances, investments, and other risks.

Read More

Spotlight

PEMCO

At PEMCO it’s all about people – starting with our customers. After all, we’re a mutual insurance company, which means our policyholders are our owners. Because our employees think first and foremost of the customer, PEMCO consistently ranks high in customer satisfaction on a national basis and scores high in customer loyalty. Being local and Northwest differentiates us from our competitors, which are mostly larger national companies.

Events