In a world where financial security and growth are important, finding the right investment that combines safety and high returns remains a top priority for individuals seeking to secure their financial future. With many options available, choosing the best investment plan in India is no small feat. Whether you're a seasoned investor or just starting on your financial journey, this article will help you discover the best safe investment plan with high returns in India.
What are the Safe Investment Plans?
Safe investment plans refer to financial products that are considered low-risk and offer a high degree of capital protection. These investment options are preferred by individuals who prioritize safety and stability over the potential for high returns. In India, safe investment plans are typically characterized by the following features:
- Capital Protection
- Low to Moderate Risk
- Fixed Returns
- Government Backing
- Liquidity
- Diversification
- Tax Benefits, etc.
Importance of Safe Investments
Safe investments play a crucial role in the Indian financial landscape for several reasons:
- Capital Preservation: The primary importance of safe investments is capital preservation. They provide a way for investors to protect their principal amount and minimize the risk of losing their hard-earned money. This is particularly vital for those with a low-risk tolerance.
- Financial Stability: Safe investments offer a source of financial stability. They help individuals and families safeguard their wealth and ensure they have a financial safety net in times of emergencies or unexpected expenses.
- Consistent Returns: Safe investment options typically provide consistent, predictable returns. This predictability is essential for those who rely on their investments for regular income, such as retirees.
- Long-Term Goals: Safe investments are well-suited for individuals with long-term financial goals, such as saving for retirement or funding a child's education. These investments can help individuals accumulate wealth steadily over time.
- Tax Benefits: Many safe investments in India offer tax benefits. These investments help individuals reduce their tax liabilities while growing their wealth.
- Trust and Confidence: Safe investments are often associated with trust and confidence, as many of them are government-backed or provided by reputable insurance companies. This trust can be reassuring for investors and reduce concerns about potential fraud or loss of funds.
- Peace of Mind: Safe investments provide peace of mind, knowing that your financial resources are protected. This mental assurance can be invaluable, particularly during economic uncertainties or market downturns.
- Retirement Planning: Safe investments are commonly used as a component of retirement planning. These investments offer financial security for retirees when they may not have a regular source of income.
Best and Safe Investment Plan Options in India
The life insurance companies in India offer various investment plans that combine insurance coverage with the potential for investment growth. These plans are designed to cater to different financial goals and risk profiles. Here are some of the best and safest investment plans in India:
- Unit-Linked Insurance Plans (ULIPs): ULIPs offer a combination of insurance coverage and investment. Policyholders can choose from a range of investment funds (equity, debt, or hybrid) based on their risk tolerance. ULIPs offer market-linked returns while providing life insurance coverage. They often come with a lock-in period and offer tax benefits.
- Endowment Plans: Endowment plans are traditional life insurance policies that provide both insurance protection and savings. They offer guaranteed returns and are considered low-risk investments. These plans typically mature after a specific tenure, and the policyholder receives the maturity amount.
- Money-Back Policies: Money-back policies provide periodic payouts during the policy term. These policies offer a combination of insurance and liquidity. A portion of the sum assured is paid back at regular intervals, and the remaining sum assured is paid at maturity or in the event of the policyholder's demise.
- Term Insurance with Return of Premium: This is a term insurance plan that provides a return of the premium paid if the policyholder survives the policy term. It offers a combination of financial protection for the family in case of the policyholder's demise and a savings element if the policyholder outlives the term.
- Whole Life Insurance: Whole life insurance policies provide lifelong coverage. They come with a savings component, and the policyholder receives a maturity benefit or death benefit, ensuring financial security for the family in the long run.
- Child Plans: Child investment plans are designed to secure a child's future, including education and other financial needs. These plans typically come with guaranteed returns and various payout options, ensuring financial support for the child even in the absence of the policyholder.
- Pension Plans (Annuities): Pension plans, also known as annuities, are designed to provide a regular income stream after retirement. These plans offer safety and security for retirees, ensuring a steady source of income during their post-retirement years.
Top 5 Best Safe Investment Plans with High Returns Online in India
Here are some of the top best safe investment plans in India
1. HDFC Life Sanchay Plus Plan
HDFC Life Sunchay Plus Plan is a Non-Participating, Non-Linked Savings Insurance Plan that provides guaranteed returns for you and your family.
Key Features & Eligibility Criteria:
| Plan Options |
- Guaranteed Income
- Guaranteed Maturity
- Life Long Income
- Long Term Income
|
| Minimum Entry Age |
Minimum 30 Days |
| Maximum Entry Age |
Maximum 65 years |
| Maximum age at Maturity |
85 years |
| Premium Payment Frequency |
Monthly, Quarterly, Half-yearly, and Yearly |
| Premium Installments |
- Single Pay: 30,000/-
- Annual: 30,000/-
- Half-yearly: 15,000/-
- Quarterly: 7,500/-
- Monthly: 2,500/-
|
| Riders |
- Accidental Disability Rider
- Critical Illness Plus Rider
|
| Key Features and Benefits |
- Guaranteed Benefits
- Tax Benefits
- Flexibility
- Guaranteed Income
- Long Term Income Option
- Optional Riders
|
2. Aditya Birla Capital Assured Income Plus Plan
Aditya Birla Sun Life Insurance Assured Income Plus is a non-linked non-participating individual savings plan that provides life cover and assured income for the long term.
Eligibility and Key Benefits:
| Entry Age |
1* Year to 60 Years |
| Maturity Age |
18 Years to 77 Years |
| Premium Payment Term |
5, 6, 8, 10, 12 |
| Policy Term |
5 to 17 Years |
| Premium |
Rs. 50,000 to No Limit |
| Sum Assured |
Rs. 5.5 Lacs to Subject to Board Approved Underwriting Policy |
| Premium Payment Frequency |
Annual, Semi-Annual, Quarterly, Monthly |
| Plan Options |
- Income Only Benefit
- Income With Lump Sum Benefit
|
| Benefits |
- Death Benefits
- Tax Benefits
- Survival Benefits
- Rider Benefits
|
| Features |
- Long-Term Income
- Two Benefit Options
- Loyalty Additions
- Guaranteed Lump sum Benefit
- Commutation Option
- Flexibility
|
| Riders |
- Accidental Death Benefit Rider
- Critical Illness Rider
- Hospital Care Benefit Rider
- Surgical Benefit Rider
- Wavier of Premium Rider
|
3. Canara HSBC OBC Guaranteed Income4Life
Canara HSBC OBC Guaranteed Income4Life is a non-linked, non-participating individual life insurance savings+ protection plan that offers guaranteed benefits and regular income to take care of both long-term and short-term financial goals.
Eligibility and Key Benefits:
| Entry Age |
3 years to 60 Years |
| Maturity Age |
18 years to 75 Years |
| Premium Payment Term |
5, 7, 10 Years |
| Policy Term |
6 to 15 Years |
| Premium |
- Annual - 24000
- Half-Yearly - 12000
- Quarterly - 6000
- Monthly- 2,000
|
| Premium Payment Frequency |
Annual, Half-Yearly, Quarterly
Monthly |
| Plan Options |
- Guaranteed Income
- Guaranteed Long Term Income
- Guaranteed Long-term Income
|
| Benefits |
- Death Benefit
- Loyalty Additions
- Maturity Benefits
- Guaranteed Benefits
- Tax Benefits
|
| Features |
- Financial protection
- Guaranteed Benefits
- Guaranteed Income
|
| Riders |
- Accidental Total and Permanent Disability Rider
- Accidental Death Benefit Rider
|
4. Bajaj Allianz Guaranteed Income Goal Plan
Bajaj Allianz Guaranteed Income Goal Plan is a Non-Linked Non-Participating Endowment Life Insurance Plan that provides an option to take policy benefits either as a lump sum or in installments, which are guaranteed.
Eligibility and Key Benefits:
| Entry Age |
6 to 60 years |
| Maturity Age |
18 to 72 years |
| Premium Payment Term |
- Income Benefit Option - 5,7,8,10,12 Years
- Lump Sum Benefit Option - 5,7,12 Years
|
| Policy Term |
- Income Benefit Option - 10 12 15 20 Years
- Lump Sum Benefit Option - 5 7 10 12
|
| Premium |
- Lump Sum Benefit Option
Annually - 22,855/- , Half-Yearly - 11,656/- , Quarterly - 5,942/- , Monthly - 2,057/-
- Income Benefit Option
Annually - 28,822/- , Half-Yearly - 14,699 /- , Quarterly - 7,494 /- , Monthly - 2,594 /-
|
| Premium Payment Frequency |
Yearly, Half-yearly, Quarterly and Monthly |
| Plan Options |
- Income Benefit Option
- Lump Sum Benefit Option
|
| Benefits |
- Guaranteed Maturity Benefits
- Tax Benefits
- Survival Benefits
- Surrender Benefits
- Death Benefits
|
| Features |
- Guaranteed Increasing Income
- Extend Life Cover
- Choice of 2 variants
|
| Riders |
- Accidental Death Benefit Rider
- Critical Illness Rider
- Accidental Total and Permanent Disability Benefit Rider
- Family Income Benefit Rider
- Wavier of Premium Rider
|
5. HDFC Life Sanchay Fixed Maturity Plan
HDFC Life Sanchay Fixed Maturity Plan is a Non-Linked, Non-Participating, Individual, Savings, Life Insurance Plan that safeguards your loved ones’ future in case of unfortunate events and provides guaranteed returns in the form of a lump sum benefit to help you attain your milestones.
Key Features & Eligibility Criteria:
| Minimum Entry Age |
Minimum 90 days |
| Maximum Entry Age |
Maximum 70 years |
| Minimum Maturity Age |
Minimum 18 years |
| Maximum Maturity Age |
Maximum 90 years |
| Premium Payment Frequency |
Monthly, Quarterly, Half-yearly, and Yearly |
| Premium Payment Installments |
- Single Premium: 10,000/-
- Annual: 10,000/-
- Half yearly: 5,100/-
- Quarterly: 2,600/-
- Monthly: 875/-
|
| Premium Payment Term |
5, 6, 7, 8, 10, 12, 15, 20 Years |
| Policy Term |
5 to 40 Years |
| Key Features and Benefits |
- Single/Joint Cover
- Choice of Policy Term
- Optional Riders
- Guaranteed Savings
- Flexibility of Premiums
|
Factors to Consider When Choosing a Safe Investment Plan Online
Choosing a safe investment plan online is a crucial financial decision that requires careful consideration. Here are several key factors to keep in mind when making your choice:
- Risk Tolerance
- Investment Horizon
- Safety and Security
- Liquidity
- Returns
- Tax Implications
- Diversification
- Regulatory Compliance
- Company Reputation
- Financial Goals
- Emergency Fund
- Terms and Conditions
- Payout Options, and others
How to Buy the Best Safe Investment Plan Online
The most effective way to buy a safe investment plan online is through the PolicyBachat website where you can easily compare and contrast different plans, choose the best one for your needs, and save money and time in the process.
Here are the steps to purchase a safe investment plan online at PolicyBachat:
- Visit the official website of the PolicyBachat
- Click on the Investment Plan tab
- Fill in the requested details such as name, mobile number, and email address
- Enter your age and city
- Select your desired insurance quote.
- You should select a plan which suits your requirements.
- Then you can pay for your policy by using an online payment method.
Conclusion
Finding the best safe investment plan with high returns in India is a daunting task for individuals seeking to secure their financial future. We have explored a variety of options that strike a balance between safety and growth, understanding that the right choice depends on your unique financial goals and risk tolerance.
PolicyBachat provides the best investment plans from the best life insurer.So, compare quotes now to get a safe investment plan.