CURTAIL HASSLES, TAXES & DELAYS
MAKING A WILL & PLANNING WHAT TO LEAVE BEHIND
Insurance & Risk Planning
The need of insurance is meant not for the little hassles in life but for the big events that hold the chance to derail you financially. Did you know in comparison with people who begin planning at early stage, see their liabilities shrink while their assets grow by the time they reach retirement?
But unfortunately, many families in India still fail to protect their biggest treasure, their family and loved ones. While thinking about financial security, embedding insurance still does not top the list of many Indians.
Am I saving enough to communicate with unavoidable expenses?
How long I am aspiring to retain the same living standard?
Am I financially stable?
Do I have enough funds to mend with expenses that arise inevitably?
When discussing death and disability, insurance planning still does not top the wish list for most people. Isn't ironic that will all the emphasis unto money; we still leave the journey of financial freedom to trial and error learning? We scarcely think of times when in a spur of moment we escalate from this world and leave our dependents shattered not only emotionally but financially also.
Holding an optimal insurance is an integral part of your financial wellbeing as life of an individual is surrounded by uncertainties. Did you know one of the biggest stumbling blocks in your financial plan is an inadequate insurance? It does not matter how effective or diversified your investment portfolio is, if necessary steps towards eliminating risks would not be taken then it will in no way safeguard your finances from futuristic hurdles.
Prepare for what's if in life and make crucial financial decisions during emotional and disruptive times!