Insurance Planning

A thing that defines life is its uncertainty. Despite the best-laid plans, sometimes things don’t work out! Though you may think you have covered all the bases, life usually surprises you when you least expect it. Plan B’s are always a good idea.

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The importance of Insurance Planning

Investing successfully, retiring comfortably, or leaving a meaningful legacy to your beneficiaries are likely to be impossible without proper planning, whether it’s Investment Planning, Retirement Planning, or Estate Planning. All of those aspects of a financial plan are susceptible to unforeseen risks without a well-planned insurance plan.

You need good planning to identify and plan for all the risks involved in every area of your financial life. With thoughtful insurance planning, you mitigate risks that you cannot foresee or cannot plan for.

How We Can Help

Our Approach

Some things are better to have BEFORE the need is felt, even if they are never used. Insurance is one of them. Insurance should not be viewed as a cost but as peace of mind. It is the essence of our Insurance Planning services.

Hereโ€™s what Our Insurance Planning service covers:

Complete Review

If you already have a plan, we’ll review it to ensure it still meets your needs. Our staff is also here to advise and guide you if you do not have insurance coverage.

Home, Car and Other Assets

We recommend that you should not over-insure but you should also not under-insure. Home, automobile, and other assets will determine your insurance needs (and how much).

Security in case of death

If you have family and friends who depend on you for many years to come, such as your spouse, minor children, and aging parents, we can advise you regarding what life insurance policies are best for you.

Annuities as retirement income

Annuities are sometimes the most effective way to guarantee retirement income. Each product has different terms, pay-out options, and conditions. You can count on our experts to help you figure it all out!

Critical illness coverage

Even the healthiest of us may be faced with illness at some point. We can determine if you need critical illness insurance and, if so, what the terms should be.

Long-term care and disability insurance

Disabilities can result from motor vehicle accidents, accidents at work, or while commuting. The same can be said of life-altering illnesses! We can help you insure against such unexpected events.

Travel insurance

Even the safest of travel arrangements can turn into disasters at times. If you have travel insurance, you won’t have to worry about costly medical bills, missed flights, lost luggage, or natural disasters that interfere with your plans.

Health, dental and wellness insurance

As the cost of medical care increases daily, it may be advisable to cover yourself and your family through appropriate insurance coverage.

Education costs

Insuring your children’s lives now may make sense in the long run, especially if you want to help them with college or university tuition. Investing a few thousand rupees a month now, could result in a windfall gift in your child’s college years. Based on our calculations, we can help you decide if this is a good option for you!

Insuring estate and succession plans

Insurance can also be a great real estate planning tool, especially when it comes to protecting beneficiaries from paying taxes or fees on their inheritance. Business partners can also use insurance policies to assist in succession planning. We can help you choose an insurance plan that is right for you.

* Costs and accessibility of life insurance depend on factors including age, health, type, and amount of insurance purchased. If you plan to implement a life insurance strategy, it is a good idea to first check if you are insurable by having the policy approved. Purchasing life insurance involves some expenses, as with most financial decisions. The majority of policies have mortality and expense charges. The surrender of a policy prematurely may be accompanied by surrender charges and income tax ramifications.