Life Insurance

Life insurance is a very important tool for financial planning. It is a part of risk planning. In this case, we transfer the risk to the insurer. With this, we ensure that the goals of our loved ones are met during our absence. Some of the common questions that any individual has on insurance are answered below including how much cover to take, till what age, what kind of policy, should I go in for riders, which insurance company etc…

Health insurance forms an important part of your goal planning and it covers a major risk where financial resources could get depleted. With health insurance, you cover / transfer the risk. Health insurance is not an easy product to buy off the shelf and one requires a good understanding of its features and benefits before purchasing the right product including the amount of cover. Each individual is different and therefore one needs to understand the finer features of the product. Lower the premium and therefore the product doesn’t make sense.

International funds have been performing exceptionally well 2 years back and I have seen amazing performances from the mutual funds which are invested in international stocks. However, all this changed in February 2022, after SEBI brought the guideline on international investing. This has vexed a lot of intermediaries and investors. Should we continue with international funds or should we look somewhere else ?

It has been 2 years of personal finance, since I first began in October 2020. I completed my MBA finance which I talked about in my last year post. Studying for more than a year was quite exhausting and I quite happy and pleased about my result.

Planyourmoney.in is an invaluable resource that aims to empower individuals with the knowledge and understanding necessary to achieve financial freedom. As a dedicated platform for informative articles on financial planning and investment, it serves as a guiding light for the community, navigating the complexities of personal finance with clarity and expertise. The website’s primary mission is to educate users about various investment opportunities, mutual funds, Public Provident Fund (PPF) , Sukanya Samriddhi Yojana (SSY), loans, retirement planning, investment planning and goal planning. By providing reliable and unbiased information, Planyourmoney.in equips readers with the tools they need to make informed decisions and take control of their financial future.