A good financial planner will not only help you create your wealth through investments opportunities most suited for you, but also help you competently use this wealth for other purposes and protections.
Insurance is like adding a level of intention to every area of your life. A life which is an ocean full of uncertainties, insurance acts like a life jacket which helps you sail through high and low tides of life.
“Most people don’t plan to fail, they fail to plan.” Proper planning is a tedious yet important part of our financial lives, not only helps us to segregate ‘what to do’ and ‘what not to do’ but also assists us to manage our wealth and unfold various ways for its creation.
“Don’t worry about what the markets are going to do, worry about what you are going to do in response to the markets.” Influencing advertisements affect your mind to invest in mutual funds and play safe. But do you actually know if they are right after the virus sets away? Let us have a look:
Since many Decades 2 major Asset classes have been preferred by Indian investors: Real Estate and Gold. People have been investing their life savings in these asset classes and government schemes such as PPF, NSC, KVP, etc. Till the time inflation was low and Expenses were limited, returns from these investments seemed satisfactory. But in today’s era with ever-increasing inflation the traditional means of investing are no longer wealth gainers but they are wealth destroyers. In a country with an Inflation rate of 8%, any investment earning 5-6% is actually earning negative returns.
Good health has been considered to be a man’s greatest asset by the old and wise. As quoted by Mahatma Gandhi “It is health that is real wealth and not the pieces of Gold and Silver.” But in the changing times no matter how hard we try due to degrading quality of food and lifestyle we are bound to face medical issues sooner or later. In a situation like that, we will be bad at health and spending our hard-earned wealth in paying medical bills. Now, this is where health insurance can help us when we fail to help ourselves.
Under any uncertain situations, travel insurance may take care of any unforeseen losses such as medical expenses while overseas, trip cancellations, lost luggage, flight delays, public liability and other expenses. And these are all covered regardless of whether you travel domestically or internationally...
As per the statistics, Surat is among the top 10 cities in India in terms of Luxury car sales. While the new vehicles will come with a mandatory 3 to 5 years of TP (Third Party) insurance the existing owners need to get themselves insured on their own.
Similarly, for used cars and its general insurance in Surat as well, people generally go for the following insurance options
Do you think your investments are enough to support you in your retirement? Is your life insurance plan cover enough for your family? There are a lot of confusions surrounding this matter. Different insurance agents in Surat will give different advices, some contradicting each other, some very vague.
Surat is expected to be the world's fastest growing city. The city’s GDP has picked up a good pace since last few years and the natives have always believed in investing aggressively in various investment avenues but the real question here is: Are their investments bearing fruitful returns?
Digitalisation is a process affecting every sector of the economy all over the world. It has undoubtedly also entered the insurance industry changing its entire dynamics. As the insurers embrace this new transformation, they are able to compete in the market and meet the expectations of their customers even better
The United Nations World tourism Organisation (UNWTO) is responsible for monitoring the travel industry and trends around the globe. They are expressing concerns about how 96% of all worldwide destinations had introduced travel restrictions in response to the pandemic. So, the UNWTO called on all governments to continuously review travel restrictions and ease or lift them as soon as it is safe to do so.
While we are all taking precautions towards COVID-19, it is a smart idea to be prepared for any eventuality as well. Your health insurance plan already covers for coronavirus treatment, but have you wondered if this policy will be enough in covering all the expenses?