Savings and Investments
Typically an employer-sponsored group policy is term life insurance, which covers you for as long as you're working for the employer. The coverage ends when you leave the company. Your next employer might not offer the benefit.
Your group life insurance benefits can also end if the employer decides to terminate the policy for everyone in order to cut costs.
Another reason not to rely solely on employer-sponsored group life is the small coverage amount. Typically the death benefit is one or two times your annual salary -- not enough to cover a family's long-term financial needs.
Individual Savings Plans
Planning for your future can be both exciting and daunting and needs careful consideration. Whether saving for a child's education, arranging a wedding or planning for your retirement, Avon offers tax-efficient, simple and flexible savings programs that can evolve as your personal circumstances change. Personal financial planning is the responsible approach to saving and Avon can help with saving using -
Savings Plan
Savings Plan enables you to invest moderate sums on a frequent basis. This is a disciplined method of investing and, moreover, it is convenient and flexible. A Regular Savings Plan involves investing a small amount at predetermined intervals through direct debits. Your long term financial goals can be met using –- Unit-linked policies for regular savings, or
- Single premium investment
Education Plan
In today’s global scenario, planning for education of your child has emerged as a crucial and valuable requirement. Academic costs keep escalating and education funding needs to be considered for a long period. Our qualified experts can assist you with various solutions to help realize your dreams for your children and providing you with financial freedom.Retirement Plan
Retirement Plan can help today's families prepare for tomorrow, preserving family wealth and even more important, preserving family relationships.Retirement – the time to live your dream life. Retirement is when you get to reward yourself for a life spent well, fulfilling your responsibilities and taking care of your loved ones. Finally, the day is yours to spend as you wish, doing all the things you never had time for. The onus is on you to take the first step to ensure you have adequate financial resources for a secure and fulfilling retirement. Though it is never too late to start saving, the sooner you make a beginning, the more time your money gets to grow.
For further information and for a qualified Avon consultant to contact you for financial planning, simply fill in your details in the Enquiry Form to receive free financial advice.
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