Insurance is a subject matter of solicitation..

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Insurance is a subject matter of solicitation...
However, in the real world insurance is pushed through marketing, personal calls and visits, sold as tax savings product or an investment product etc.
Being insured is the most important yet the most ignored aspect of Financial Planning. Insurance is like a solid foundation on the basis of which the Financial Plan is constructed. Why do people ignore the importance of being adequately insured???
1. Plain Ignorance.
2. Attitude like insurance is a waste of money.
3. Looking at insurance as a tax saving tool or investment rather than risk management mechanism.
4. Gross mis-selling by insurance companies and agents.
5. Overconfidence like 'nothing bad will ever happen to me or my family.'
The list can go on and on.
As a Financial Planner, I insist with my clients to buy following insurance covers for them and their loved ones.
1. Plain vanilla Term Plan, online or offline as one is comfortable
2. Comprehensive Health Cover
3. Personal Accident Cover
4. Home Insurance
Critical illness is something that can be added to the above list. It can be bought as a separate policy or as a rider in the existing policy.
Unless one is adequately insured the Financial Planning can go for a toss. Unfortunate death, accident, hospitalisation can be financially sinking unless one is insured.
Are you insured? If not, the time to act is now. Uncertainty will not come invited, that is precisely the reason why we need insurance. 'Stich in time, saves the nine.'
If you love yourself and your family go and buy the right insurance. This cannot wait anymore.
I would be happy to assist you in the matter. You can call me

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