Corporate Bond
Corporate bonds are debt securities issued by companies to raise capital. Investors lend money to the company in exchange for periodic interest payments and repayment of principal at maturity.
Key Features
- Fixed Income: Investors receive regular interest payments.
- Risk Level: Depends on the issuer’s credit rating and financial health.
- Maturity Period: Short-term (1-5 years), Medium-term (5-10 years), Long-term (10+ years).
- Marketability: Can be traded in the bond market.
Benefits to Consumers
- Steady Income: Provides periodic interest payments.
- Lower Risk than Stocks: Less volatile compared to equities.
- Diversification: Balances investment portfolios.
- Tax-Efficient Options: Some corporate bonds have tax-free interest income.
Key Features
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- Steady Income: Provides periodic interest payments.
- Lower Risk than Stocks: Less volatile compared to equities.
- Diversification: Balances investment portfolios.
Benefits to Consumers
- Types of Policies: Term Life, Whole Life, Universal Life, Endowment Plans, ULIPs (Unit-Linked Insurance Plans).
- Premium Payment: Single, Monthly, Quarterly, Semi-Annual, or Annual.
- Maturity Benefits: Available in certain plans like Endowment and Whole Life.
- Tax Benefits: Premiums paid and benefits received are eligible for tax deductions under applicable laws.
- Customizable Riders: Additional coverage for critical illness, accidental death, disability, etc.
Scheme
Endowment Policy
Unit Linked Insurance
