Finance Planning Taxation Mutual Fund Life Insurance General Insurance NRI Banking Consulting Portfolio HDFC Protection Plans   HDFC Children's Plans   HDFC Retirement Plans   HDFC Savings & Investment Plans   Corporate Agent to         Planfinance Advisors Private Limited is a Corporate Agent of HDFC Standard Life Insurance Company Limited, for life insurance, and is registered with Insurance Regulatory and Development Authority (IRDA), New Delhi, under the Insurance Regulatory and Development Authority (Licensing of Insurance Agents) Regulations, 2000.                         Home   About Us   Our Membership Plan   Contact Us           HDFC Protection Plans :       Why do I need Protection Plans ?       Protection Plans help you shield your family from uncertainties in life due to financial losses in terms of loss of income that may dawn upon them incase of your untimely demise or critical illness. Securing the future of one's family is one of the most important goals of life. Protection Plans go a long way in ensuring your family's financial independence in the event of your unfortunate demise or critical illness. They are all the more important if you are the chief wage earner in your family. No matter how much you have saved or invested over the years, sudden eventualities, such as death or critical illness, always tend to affect your family financially apart from the huge emotional loss. For instance, consider the example of Amit who is a healthy 25 year old guy with a income of Rs. 1,00,000/- per annum. Let's assume his income increases at a rate of 10% per annum, while the inflation rate is around 4%; this is how his income chart will look like, until he retires at the age of 60 years. At 50 years of age, Amit's real income would have been around Rs. 10,00,000/- per annum. However, in case of Amit's unfortunate demise at an early age of 42 years, the loss of income to his family would be nearly Rs. 5,00,000/- per annum.         Standard Life Survey 2008. Inflation assumed as 6% p.a.     However, with a Protection Plan, a mere sum of Rs. 2,280/- annually (exclusive of service tax & educational cess) can help Amit provide a financial cushion of up to Rs. 10,00,000/- for his family over a period of 25 years.       Types of Protection Plans       Our range of Protection Plans includes       HDFC Term Assurance Plan       HDFC Loan Cover Term Assurance Plan         Top     Name         Mobile                 © 2010-11 Planfinance Advisors Private Limited. All Rights Reserved. Website managed by Effervescent Technologies Pvt. Ltd.