5 min read
Updated on Nov 25, 2022
If you need a robust investment plan for your idle money and are ready to take risk, the top one-time investment plans are the ones to consider. Let’s learn more about them in this post.
Different people have different investment requirements. Some want stable and risk-free plans and do not want to take any risk with their money, while there are others who would like to generate value for their savings by taking risks. Depending on your investment temperament, you can consider investing in varied plans available in India. However, if you are seeking an investment plan that can be used to invest your yearly bonus while meeting your long-term monetary goals, the top one-time investment plans for 2022 would suit you the best. These plans are crafted to meet the needs of people who have enough money in hand and who are willing to take high-risks.
When it comes to investing in a one-time investment plan, you get benefits that are galore. Some of the unique one-time investment plans from SBI and LIC allow the insured to enjoy capital appreciation, better returns in the long run, paying the transaction fee only once, and no need to worry about premium dates among others.
Here, we are discussing in detail about the one-time investment plans and how to choose the best one time investment plan to receive high returns.
As the name suggests, the one-time investment plan is one where the investor puts a huge sum of money for a single investment and a fixed tenure. So, in case you have enough inactive money with you, you can invest in LIC’s one-time investment plan with high returns. Since you cannot predict the future and the unforeseen events in life, it is better to invest in good policies so that you can use the money if you need it in abundance at any time in future. These investments come as a great boon in the future when you retire.
Below are some benefits of the one-time investment plans, which will acquaint the likely buyers about the policies to understand them better.
Though one-time investment plans have several benefits, they have some disadvantages too. Some of the drawbacks are mentioned below:
It is important for the consumers to understand the disadvantages of one-time investment plans so that they can analyze everything before investing in them.
These plans lack investment discipline – The one-time investment plans lack discipline as under these plans the investor is required to invest a huge sum of money at one go. The lack of investment discipline can make the investor feel under monetary crisis at certain point during the policy duration
Involve high risk – As compared to other policies, the risk of investing in a one-time investment plan is much higher. This is due to the fact that the market is highly volatile and the plan may incur loss and cause you misery
Since there is so much risk involved in the one-time investment plans, you need to consider certain things before investing. Some of such points are mentioned below:
Be it any investment policy, it is not recommended to hurry in buying a plan when it comes to insurance. So, it is better to note the below factors before investing;
Here is a list of some of the Best One-Time Investment Plans with High Returns:
To Sum Up
The one-time investment plans allow good opportunities for the investors to gain good returns. These plans are reliable yet risky. Hence, it is recommended to read and understand the plans well before investing. Also, it is recommended to compare several one-time investment plans from different insurers to choose the one you trust the most.
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