Insurance Planning

I am the breadwinner of my family, what will my family do if something happens to me?

Medical costs are so high; I do not wish our financial plans to get derailed because of some unforeseen medical emergency.

We travel a lot, should my house be insured against theft?

Dreams and hopes amid uncertainty mark our lives and providing ourselves appropriate protection is what makes Insurance very important, but often neglected the 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.

insurance planning

We at Financial Radiance, provide you guidance and advice in getting the best insurance commensurate with your 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.
Unit Linked investment Plans (ULIPs) offer the safety of Insurance protection coupled with wealth savings option. 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.