- 7 NOV 2016
Get To Know How To Make Provisions To Secure Yourself And Your Family's Future
The future is unpredictable, but at least you can make provisions today so that any time you face a financially unpleasant situation in the future, you are prepared for it. But how do you make adequate provisions to stay prepared for something like yourself being diagnosed by a critical illness or worse, your untimely demise? You may have to go through a forced absence from work to accelerate your recovery when beset by a critical illness. During this period, you would not be able to earn any income. In such a scenario, you would require funds to maintain your expenses like paying children's school fees, home loan EMI's, utility bills etc. The same applies to your family when they have lost you; their breadwinner.
A Comprehensive Term Plan
Edelweiss Tokio Life – Total Secure + is a plan that financially protects you from upto 35 critical illnesses and also gives your family the assurance of financial support when you are not around to support them. A term plan with a comprehensive critical illness cover. This plan ensures that you receive a lumpsum amount on being diagnosed with a critical illness. With most critical illnesses covered, you can be rest assured that both you and your family are secured against major crises in your life. You also have the option of selecting the manner in which your family would receive the death benefit. It could be lumpsum or regular monthly income. In regular income also, you have the feature of choosing between level income or increasing income, where the payout increases by 5% p.a every month.
Go for the real and complete protection plan. Generate a quote today to find out the mix that suits your needs the best.
- 9 DEC. 2018
Why Tax Planning Should Be An All-Year Round Activity?
When young, there is a tendency to concentrate more on spending than on investing. Tax planning hits you once your income goes beyond a particular level. You risk losing money to tax that you could have otherwise saved by smart investing. As years go by, you tend to rush at the end of the financial year. The last quarter of the financial year is when quite a number of tax saving instruments are talked about to help taxpayers reduce their tax burdens.read more
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