NATIONAL POST GRADUATE COLLAGE

NAME – SHRISHTI SINGH

CLASS – B.VOC BANKING AND FINANCE
SUBJECT – BANKING ENVIRONMENT AND OPERATIONS
ID – 820679
SEMISTER – 2ND
 LIFE POLICY

Life insurance is a contract between an insurance policy holder and an insurer or assurer,
where the insurer promises to pay a designated beneficiary a sum of money upon the death
of an insured person. Depending on the contract, other events such as terminal illness or
critical illness can also trigger payment. Life insurance is a contract between an insurance
policy holder and an insurer or assurer, where the insurer promises to pay a designated
beneficiary a sum of money upon the death of an insured person. Depending on the contract,
other events such as terminal illness or critical illness can also trigger payment.
TYPES OF LIFE INSURANCE

1. Term life insurance

2. Endowment insurance

3. Permanent ( whole ) life insurance

 REAL STATE

•Real estate is a class of "real property" that includes land and anything
permanently attached to it, whether natural or man-made.

•You can invest in real estate directly by purchasing a home, rental

property or other property, or indirectly through a real estate investment
trust (REIT).
 FIXED DEPOSIT

Fixed deposits are a high-interest-yielding term

deposit and offered by banks in India. ... In this case,
the deposit is called the Cumulative FD or compound
interest FD. For such deposits, the interest is paid
with the invested amount on maturity of the deposit
at the end of the term.
 ADVANTAGES OF FIXED DEPOSIT

•Fixed returns. A fixed deposit offers guaranteed returns. ...

•Hassle-free investment. If you have a savings account, you can open a FD in
just a few clicks or by visiting the nearest branch. ...

DISADVANTAGES OF FIXED DEPOSIT

No flexibility to access your funds. Because your money is locked away with the bank,
often for months (sometimes years), you lose the flexibility of a regular, day-to-day
savings account. 
THANK YOU