When you are planning to ringfence your assets/finances from adverse events, the two most common insurances that come to mind are Life Insurance and Health Insurance. Life Insurance provides compensation to the family if you are not around. An adequate life insurance cover safeguards your family should ideally cover all your outstanding loans, provide for financial goals and … [Read more...] about Disability Insurance: Missing piece in your Financial Planning
accidental disability rider
If you are looking for a black and white answer to this question, you are going to be disappointed. I don’t have the answer myself. In my opinion, there is no such thing as the best term insurance plan. A lot depends on what you need and are comfortable with. The purpose of this post is not to find out which is the best term life insurance plan. The intention is to help you … [Read more...] about Which is the Best Term Insurance Plan for you?
Planning to purchase a life insurance plan? Are you aware that you can purchase a few add-on riders along with your life insurance plan to augment your insurance portfolio? Common riders include critical illness, accidental death, waiver of premium, terminal illness and accidental disability rider. In this post, I will discuss what these riders are and whether it makes sense … [Read more...] about All you need to know about Life Insurance Riders