Business Fundas

5 reasons why ULIPs are getting more popular as investment option in India

Compared to conventional insurance products, ULIP, which is a new generation product and which was not accepted widely even though it has been known to have some unique features and advantages over many other insurance products has a host of benefits that are comparably more than any other traditional policies of a life insurance company. The main advantage of using this vehicle of investment over any other product that is available in the market is that it gives the policyholder the opportunity to invest in a wide variety of investment products that are eligible to be invested in. Similar to all other investment products, ULIP too has its own share of features that make it a desirable vehicle for investment. Another advantage of the product is that it is possible to be tailored to the specific needs of the individual investors.

3 Facts why upcoming financial year will be the year of ULIP

Out of the box thinking does have its own benefits and drawbacks. However, in the case of a recent example of such thinking politically was the demonetization drive carried out by the Prime Minister of India, a couple of years ago. As a result of the drive, a lot of cash was pumped into the economy through various sectors. More policies were renewed in that short time period than all of the past twenty years and more. However, some pundits forecasted that the growth for the insurance industry would be muted or at best sluggish. However, the above action on the part of the general public proved the pundits wrong.

The Importance of Good Design in Building a Brand

Good branding is achieved when your brand becomes unforgettable to the customers. It deeply embeds in the minds of consumers, that they unconsciously select those brands among others.

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Five Amazing Machines That Do Jobs Humans Can’t

Today, machines can carry out everything from complex operations to the collection of minerals on various planets. This new race of smart machines are now beginning to undertake complex tasks in hazardous environments. During these tasks, there are many instances in which robots can do what people can’t. Find out how six of these incredible robots help us keep our ecosystem clean in dangerous conditions which are too unpleasant for living organisms to withstand.

4 Ways to Manage Your Business Expenses

The proper management of resources is an essential part of a business. After all, maintaining firm control over both the variable and fixed expenses won’t only help keep the company in good financial health, but maximize profit and revenue as well. But while this might be easier said than done, especially in highly competitive industries, there are plenty of strategies that successful entrepreneurs usually employ to keep expenditure in check. To this end, here are just a ways to manage your business expenses better.

5 Reasons why Team Building Activities are Important

Many companies take their staff on team-building retreats or engage in other activities. These activities are designed to bring staff closer together and create a cohesive environment. Business leaders should know that teams don’t just happen. They require work to become a functioning unit. Here are a few reasons team why building activities should play a central role in your business.

What to Look for When Shopping for a Security System for Your Office

Have you made the decision that it’s time to have a professional security system installed in your office? Perhaps you have been the unfortunate victim of a theft, or maybe you’ve just become more aware of the stats and the fact that your business is at risk of a break-in. Then again, maybe you’re just interested in creating a safer and more secure environment for your employees and customers.

Budgeting: The Basics To Planning A Personal Budget For Yourself

Anyone who feels that their finances are out of control should consider budgeting. This is the primary way by which one can be in control of their spending. A budget is a plan that has been written down of how one will spend their money. Most people create a monthly budget, but one can also put together and annual one.

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Hidden Benefits of Health Insurance

Many people have a misconception that health insurance policies only pay for hospitalization and health care, but this is not exactly true. The benefits of health insurance are plenty, and if you invest in a good policy, it will even pay for things that go beyond standard health care.