Dreams and hopes amid uncertainty mark our lives and providing ourselves appropriate protection is what makes Insurance very important, but often neglected aspect of financial planning. Insurance is also important considering the factor of inflation which makes everything so expensive over the years. Insurance could be of various types depending on its need: Life Insurance, Health insurance, Home insurance, and Car insurance.
We at Financial Radiance, provide you guidance and advice in getting the best insurance commensurate with your risks and needs. We believe that insurance provides all of us a lot of mental comfort and relief to protect us from uncertainties. However, at the same time, we should take the product which is more suitable for our own needs and not just which is being sold to further someone’s selfish interests.
Life Insurance provides you triple benefits, the assurance that if something were to happen to you, your family gets an assured amount of money. It serves as flexible money saving scheme and also gets you to tax saving benefits! Life Insurance needs to be evaluated as one moves across various life stages, e.g. if the number of dependents has increased, investment goals have changed etc.
Health Insurance provides you and your family protection against critical illness, accidents, and hospitalization, Home Insurance provides you insurance against natural hazards like earthquake and floods as well as social perils like riots, burglary, acts of terrorism and war. Automobile insurance protects you from financial loss in the event of an accident or loss of a vehicle.