INSURANCE
- To avoid risk in your daily life you must be assured of some security for your precious life, security for your journey, security for your business and the list goes on...
- For this very reason Financial Institutions have provided safety measures which can protect us from these unexpected risks, that is nothing but Insurance!
- The utmost important insurance is Life Insurance. It will give your family security when you are not there for them or unwell due to unexpected conditions.
- It can be accessed when you need money for an emergency. It's like a saving for a purpose which should not be touched unless for the very purpose mentioned.
- Life insurance is a strong wall of protection for your loved ones. It makes sure amount is deducted at the right time each month. I believe that you earn for yourself and not to pay bills alone. So make sure you do yourself a favor by setting up a life insurance to be safe in future.
- Do not forget it can be added in your IT return for a deduction. I can also be considered while taking a loan if it is from the same bank. Return on insurance is higher compared to other investment.
- Select a term or life time insurance. Do your calculations and try to buy online for a cheaper option and do not forget to compare.
Tip of the day: check out the Stock Trainer app to learn how to buy and sell shares or just have fun pretending to buy with real market conditions.
Invest in buying this Income & Expenses log book, it will help you control your financial situation.
Book you must read "The Richest Man In Babylon".
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