Men may be from Mars and Women from Venus, but if we are offered to travel to space, it’s still scary. Space travel isn’t everyone’s cup of tea that requires putting one’s life in danger and hence needs ultimate protection for life.

Getting your life insured is perhaps the first and foremost way to get protected and this certainly is not rocket science. Perils and dangers aren’t just a part of outer space and is inherent in every walk of our life and hence getting a term insurance plan is imperative and yet as simple as your morning cup of tea.

To be safe and secure in every direction and space that our life tosses us in, we all need to provide protection in the form of insurance a chance to be our well-being spacesuit. A little financial and investment planning in this aspect is just what we would need to make informed decisions to help us in meeting our financial goals.

We may not be able to jettison out of a spacecraft, but term insurance does provide us the ideal parachute to protect the financial future of our family and loved ones in case of any unforeseen mishap during the course of our flight of life.

May not be a preventive measure and something which can stop an eventuality from happening, but insurance is surely a pure protection of the financial future of your kith and kin. A few points which we need to keep in mind while taking a term insurance plan.

Do I need it? We are earning an income which sustains our family and our lifestyle and we wouldn’t want our family to compromise on them in its absence. Or we may have various financial liabilities which we won’t want to fall on our family members in our absence. If our answer to any of these questions is in affirmative, we need a term insurance and do a favour to our family members.

How long should I pay? The money is needed by our family when our earnings stop or when the liability falls due. Hence, our insurance should at least cover our earning years, i.e. till our retirement age or till when we presume our liability to fall due.

When should I start paying? The advantage of term insurance plans is that the premium once committed remains the same throughout the plan term even though the risk increases as we grow older. Since starting early hence has the big advantage of having to pay lesser premium for the rest of the term, one should ideally start insuring as soon as one starts earning while assessing the needs periodically to keep adding the cover as may be needed.

Won’t I get any returns? A term insurance is designed to provide a pay-out only in case of the demise of the policy holder and hence it is certainly not an investment to give you regular returns. But that’s how it is priced too, being the cheapest insurance cover possible. Should that really be a dampener; isn’t not getting a pay-out yet means you are still alive and kicking, the biggest and the priciest of all returns?

Is it simple to understand? Unlike several other insurance and investment plans where you need to deal with crunching numbers, term insurance isn’t rocket science at all. With no need to sweat while dealing with financial plans, it is the simplest form of insurance. You know the amount you pay for the term you choose and you know the amount your family receives in case of your unfortunate demise.

With all said and done about basic term insurance plans, isn’t it smarter to have a life and health cover in one plan. iTerm Plus is a comprehensive online Term Insurance Plan from Aegon Life with a choice of four plan options which offer different in-built benefits like accidental death and 36 critical illnesses.

Definitely not rocket science, but if you still are one of those who have a plethora of questions on what insurance, tax savings and investment planning are all about, Aegon Life has an amazing e-learning initiative called iKnowledge where you can have access to a wide array of knowledge designed to cater to all your insurance needs at different life stages, thus helping you to make informed decisions and help you meet your financial goals.

Let’s secure our family’s financial future with Aegon Life Insurance. You don’t need to rocket travel to another plan(et); you just need to plan(it).

About Aegon Life:

With a complete product suite of life insurance plans, superior technology, and customised service, Aegon Life Insurance Company Limited launched its pan-India operations in July 2008. As a joint venture between Aegon – world’s leading financial services and Bennett, Coleman & Company – India’s leading media house, Aegon Life Insurance adopts a local approach to facilitate customer interaction. Our vision to be the most recommended new age life insurance company has enabled us to leverage digital platforms that bring transparent solutions to customer needs. Our financial planning and investment solutions include term life insurance plans, pension plans, unit-linked insurance plans (ULIPs), health insurance plans, child education plans, and more.

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It’s a great feeling to open a new office for your business. But what disheartens is the furnishing involved in opening an office or relocating an established office which can be a costly investment.

As entrepreneurs,if you are trying to get your business off the ground, you tend to be bootstrapping to keep the cost of furnishing your office as close to zero as possible.

When your business is in the growth, picking up from seed stage to early stage, buying furniture and appliances can be a time consuming and costly hassle. Businesses require a good amount of cash investment which you would prefer to utilize for your working capital needs than spending it on the purchase of furniture and office appliances.

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For such entrepreneurs, renting furniture and appliances is the ideal solution which makes real financial sense, allowing them to easily manage their operational expenses as their business grows without any major cash outflows on capital expenditure.

As businesses are getting globalized, there is also the need to progressively improve the office in an effort to look more credible to the stakeholders. Hence, a well-furnished office is something entrepreneurs look forward to, no matter how big or small space may be, how long or short period space is occupied and where in the world we might be.

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For businesses which are moving frequently from one place to another or those who want to update regularly to the latest goods, the concept of furniture and appliance rentals takes the hassle out of purchasing them thereby freeing up the essential cash to settle into their new situation.

With flexible terms for as less as one month or as long as you need and with attractive purchase options too, renting office furniture and appliances is the fastest and most convenient way to furnish your office, providing you a cost-effective and flexible way to enjoy the best benefits of the products.

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Let’s list out some advantages of hiring office furniture:

Saving high initial expense: For small start-ups to big corporations, rented furniture is the perfect strategy for saving on the initial capital for purchasing it. With liberty to choose payment plan based on budget, it provides an option to select a monthly payment scheme suitable to your budget over different periods of time.

Temporary requirement: Hiring is the most flexible and highly convenient process for entrepreneurs who are looking to get furniture only for a limited period or on a temporary basis. Renting it does not involve any major investment apart from a minor refundable deposit, thus enabling businesses to choose furniture from a range of latest designs and hire it on monthly basis.

Convenience and flexibility: With options to add furniture as per the changing needs, growing businesses have the convenience of increasing the requirements, adding furniture upon demand. Businesses can enjoy complete flexibility with the option to simply return the furniture once the requirement is over.

Tax benefits: The monthly payment of rent is allowed to be claimed as business expenditure, thus providing entrepreneurs the benefit of tax savings. The entire expenditure can be claimed in the year of payment, the purchase is a capital expenditure where only the depreciation will be allowed to be claimed annually.

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When we buy a vehicle, we love to take a test drive. Isn’t it a great feeling to get this option on furniture and appliances too! That’s not all, there is a Company which gives you the flexibility of an extended test drive, which means you can rent the products for the period you opt for, one can then choose to either buy it ortoreturn it at your convenience.

Image Source: https://www.rentomojo.com/

RentoMojo, the pioneers of home furniture rentals in India is here to cast a magic charm on the concept of office furniture renting, making it a prudent business choice.

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If the advantages listed above do not entice you enough, RentoMojo gives you some additional benefits which are sure to cast a spell on you, as their name suggests.

Free relocation: to anywhere within the city and to 8 major cities across the country.

Product swaps: easy exchange of products for new ones of same or higher value if you are bored with the same look, for rental schemes of 36 months and above.

Free Maintenance: Rental Monthly Instalment option saves the pain of regular maintenance to enjoy free maintenance every year.

Damage waiver: waiver covers the wear and tear that comes with regular usage up to INR one thousand.

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An end to end furnishing solution to all business needs, RentoMojo provides 24/7 quick and efficient service for every furniture and appliances that your office may require.

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