Life Insurance
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A Short Post on Personal Finance for Quick Understanding
Once I was with my client at a coffee shop in a 5-star hotel. I was asked about my coffee choice. Out of the multiple options, I was not sure what to order so I left it to the client. I thought when we had only two options of coffee i.e. filter coffee, and Nescafé,… Continue reading
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High Financial Risks You Need to Know for Your Family
“Failing to plan is planning to fail.” Alan Lakein Yes, failing to plan the risk management puts you and your family at high financial risk. Risk Management is usually not considered a part of Financial Planning. It is a big mistake. Risk Management is not about the risk of investing in risky investments. It is about… Continue reading
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How to Double Your Joy When You Buy A New Home?
Buying their own home is a dream for most of the people on earth. Out of the three basic necessities Food, Clothing and Shelter (Roti, Kapada Aur Makaan as we knew it), fortunately, two can be bought without a loan. But buying a home without a loan is another dream. With so many home finance companies and banks offering home loans, most of… Continue reading
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Why Should You Periodically Review Your Life Insurance?
“I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.” Jimmy Dean You can’t change the life events happening to you but you can change the life insurance appropriate with the life events. The investments in the Life Insurance Policies are not a one-time event. Your need for… Continue reading
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You Need to Know 4 Aspects of Personal Financial Planning
Among all the planning you do Financial Planning is perhaps the most important but mostly ignored planning exercise. Financial Planning requires you to consider planning about your life. It entails considering budgeting, savings, investments, taxes, insurance, retirements, and important life stage planning like children education, marriages, etc. It is an exhaustive process. But it is… Continue reading
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8 Key Elements You Need to Know to Select Best ULIP
ULIPs are popular among investors. It serves the dual purpose of insurance and wealth building. This is the reason all insurance companies have their own ULIPs to cater to different investors need. This is why IRDA has in the recent past has amended the ULIP rules. But so many ULIPs are the cause of concerns… Continue reading
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