financial goals

Insurance

Is there an insurance plan to preserve family savings amidst inflation?

[ad_1] Q. I am a 37-year-old professor at a private college, and I want to ensure my family’s financial security in case something happens to me. My daughter dreams of becoming a doctor that requires a substantial amount of money. I am diligent and considerate about my savings. However, as an academic, I am aware that inflation can affect my household expenses and impact my future financial planning as…

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Insurance

Why is insurance not just a tax-saving measure? Here are essential reasons

[ad_1] Financial planning is essential in today’s world to safeguard and ensure our family’s financial stability. A key component of financial planning is choosing the right insurance. Unfortunately, many people mistakenly believe that insurance is primarily for tax savings and prioritize the tax benefits when selecting a policy, but this is not the correct approach. While tax benefits can be an attractive advantage, they should not be the main…

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Insurance

4 key trends shaping the future of life insurance for the millennials and Gen Z

[ad_1] Millennials have disrupted many industries, and insurance is not an exception. This generation values connectivity and their continuous access to information, thus demanding personalised experiences, transparency, and technology-driven solutions. In the dynamic landscape of the Indian life insurance industry, a transformative shift is underway, with prime focus on providing tailored financial protection for the next generation. The evolving needs and aspirations of young individuals demand a more personalised…

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