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Are you too young to buy life insurance? Read what the experts have to say!

Do you think you are too young to buy Life Insurance? Read this to know the best life insurance policy plans for young professionals

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Life insurance policy plans are supposed to be one of the foundational blocks of financial planning. With a life insurance policy, you can not only safeguard your family’s future in the event of an eventuality but also invest your capital in long-term growth options to achieve all your financial goals in life.

Suppose you’ve ever been into insurance and financial planning. In that case, you may already know that several companies are available in the market that offers varying insurance plans, each with unique features and benefits. Due to this, choosing a specific insurer becomes an overwhelming and daunting task.

In that case, it’s essential to conduct your arch and compare various plans available as per your choices and choose the one that aligns perfectly with your financial goals. Moreover, the sooner you purchase a life insurance policy plan, the more benefits you can yield.

With that said, if you’re a young person with a stable profession, this is the best time to start investing your capital for the betterment of you and your family’s future. Therefore, let’s take a look at the six best types of life insurance plans for young professionals:

1. Aditya Birla Sun Life Protector Plus Plan

The Protector Plus plan offered by Aditya Birla Sun Life is a very comprehensive insurance policy that offers reliable financial security to your dependents in the event of your unfortunate demise. In addition to insurance coverage, the plan also allows you to grow your funds in the long run, which will enable you to create a financial cushion for the betterment of your family.

The minimum entry barrier for this plan is only 18 years, which makes it a perfect match for young working professionals.

Are you too young to buy life insurance

2. Aegon Life iTerm Plus Plan

The iTerm Plus Plan provided by Aegon Life is an online term plan that allows you to generate a corpus of monetary resources at very affordable premium rates. It features pre-defined riders like critical illness riders and accidental death benefits with its base plan.

Moreover, you can also pick from four different covers: the life benefit option, life plus benefit option, life and health benefit option, and life and health plus benefit options. If you purchase this plan at a young age, you can yield maximum benefits as it offers a high maturity age of 80 years.

3. Aviva i-Life Plan

Aviva i-Life is a life insurance plan that offers various coverage options to make your investments highly personalized as per your financial goals. This plan can be availed online from the comfort of your home, with minimal paperwork required to make the process completely hassle-free for you.

It also provides tax benefits under section 80C of the Income Tax Act of India. Additionally, there’s also an extra 5% rebate for female policyholders.

4. Bajaj Allianz Life Smart Protect Goal

The Bajaj Allianz Life Smart Protect Plan provides you with the combined benefits of financial protection for your family in the case of your demise and wealth generation to help you achieve your financial objectives in life. There are various unparalleled features available in this plan that offer you highly comprehensive coverage.

You can also opt-in for the return of premiums feature that allows you to get back all your premium payments if you survive until the end of the policy tenure.

5. Bharti AXA Life Monthly Advantage Plan

The Bharti Axa Life Monthly Advantage Plan is a traditional participating plan that provides guaranteed monthly income until the end of the tenure of your policy. In addition to the assured returns on your investment, you will also enjoy life coverage that offers a vast corpus of money to your family and dependents in the event of your unfortunate death.

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It allows you to choose from three different policy tenures as per your requirements. After paying a limited number of premiums, you’ll start receiving a guaranteed monthly income with this plan.

6. Canara HSBC Oriental Bank of Commerce Select Star Term Plan

The Select Star Term Plan by Canara HSBC Oriental Bank of Commerce is all-around protection for your family against various uncertainties of life. It’s a highly flexible plan that can be tailored as per the current stage of your life. There are several options to pick from in terms of coverage, pay-out benefits, and premium payments.

Optionally, you can also add your spouse to the same plan with exciting discounts on prices. Furthermore, as you progress further through the stages of your life, you can choose to increase the coverage of the same policy to align it with your financial milestones.

7. Why Should You Purchase Life Insurance At A Young Age?

Purchasing a life insurance policy plan at a young age costs you less money comparatively in the long run. An insurer considers various factors like your age and health condition to develop an adequate premium rate for you. At a young age, you don’t have many risks of death, and that’s why you get to enjoy lower premiums.

Moreover, the earlier you start, the more time your money gets to grow. This means you’ll be able to enjoy higher maturity or death benefits with your policy. Additionally, by exposing yourself to the art of investment, you’ll learn more about it throughout your life. This will also enable you to make other financial decisions between your existing policy that may help you grow your funds even more.

Bottom Line

Life insurance is undoubtedly an important financial aspect of life, and by purchasing it at a young age, you lay the foundation for a financially secure future. Therefore, make sure you check out the types of life insurance plans available and then choose a method suitable for young professionals from the options given above to select an insurance policy that works best for you.

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4 SaaS Link Building Tips For Beginners

In reality, link-building is a tough process, especially in the SaaS context. Why? Backlinks for SaaS websites are difficult to come by, and with the rise of new SaaS businesses, this will get more challenging.

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4 SaaS Link Building Tips For Beginners

The most effective techniques to promote your software as a service (SaaS) business and increase organic traffic to your website are content marketing and search engine optimization (SEO).

Note that improving your SEO rankings entails acquiring more high-quality backlinks. Thus, it’s essential to increase the number of backlinks to your SaaS business’s website from authoritative, high-quality websites in order to boost its search engine optimization performance.

In reality, link-building is a tough process, especially in the SaaS context. Why? Backlinks for SaaS websites are difficult to come by, and with the rise of new SaaS businesses, this will get more challenging. Therefore, building links the right way is the key, and you can find out how to plan your own link-building strategy from https://linkflow.ai/saas-link-building/ and other helpful resources.

Link-Building Strategies For SaaS Companies

Regardless of your niche, you may need to actively develop backlinks to your SaaS business in order to get your content discovered, consumed, and, ultimately, attract new clients. Here are ways to do it.

1. Write Guest Posts

Building backlinks and establishing yourself as an authority in your field can be accomplished effectively through guest posting. When you create content that is both original and helpful, other websites may link to it.

Take the website’s domain authority into account when guest posting. It’s recommended that you start with a well-regarded website with a Domain Authority (DA) of 50 or above. In addition, it would be beneficial to search for niche-specific websites interested in your writing.

After discovering a website open to guest posts, your next step is to learn more about the site’s target audience and content before seeking content marketing managers. Also, check to see if there are any guest posting requirements for the site.

However, you should exercise caution in deciding which blogs to publish on. There’s a wide variety of authoritative websites, and the same holds true for blogs.

2. Take Advantage Of Brand Mentions

Utilize your SaaS network to its full potential and make the most of brand-mention opportunities.

Backlink mentions are an excellent approach to making use of the websites, businesses, and services that you discuss in the content you create. Utilize methods such as co-mentioning or mention-me-back to get the advantage from your network.

This is an excellent strategy to obtain backlinks with very little effort on your part.

Link-Building Strategies For SaaS Companies

3. Pitch Link Round Ups

SaaS isn’t the only industry that can benefit from link roundups, but it is one in which they excel.

A link roundup (also known as a link list) is a regularly scheduled set of external links to relevant online content, such as articles, blog posts, and other online resources. Audiences can use them to find new content to read and share. They provide a dependable method for website owners to acquire inbound links.

Creating high-quality content that follows SEO best practices is the first step to being featured on authoritative link roundups.

Content that is educational, thoroughly investigated, and supported by reliable sources has a much better chance of being included in link roundups. The odds of being featured will improve if you establish yourself as a reliable source of high-quality information.

4. Use Digital PR Tactics To Earn Backlinks

Digital public relations (PR) is one of the most effective long-term approaches to building SaaS links. Digital PR entails expanding a company’s brands using means like podcasting, webinars, and more to attract the media’s attention.

Here are some suggestions for digital PR link-building:

  • Surveys and studies
  • Trend reports
  • Podcasts, webinars, and conferences

In order to get journalists and publications to write about your material and include links to it, you need to generate linkable assets (also known as link bait) and market these to them.

Important Factors In Back Linking

There are differences in the quality of the links. However, how can you evaluate whether or not a link is of high quality?

A link’s anatomy can tell you if it’s high- or low-quality. Look at these principles:

  • Relevancy
  • Anchor Text
  • Domain Strength
  • Page Strength

Once you’ve made it to the first page of Google’s search results, you can take it a step further by analyzing the anchor texts used by your top competitors to learn which type of anchor Google prefers and then using that data to guide your own link-building efforts.

Conclusion

The success of your SEO and the development of your SaaS brand depends on your ability to create and implement a comprehensive backlink strategy.

While it’s true that link building is more challenging for SaaS companies, it’s doable with the right strategy.

If you do it well, you may create an endless supply of high-quality links that will attract new clients.

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