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Life Stages

    

Your insurance need will change as your life does, from starting to work to enjoying your golden years and all the stages in between. Each one of these stages may pose a different insurance need/cover for you. In this section, we have drawn up the basic life stages and help you analyse various insurance needs accordingly. Please click here to get in touch with our financial consultant to know more about our products.

STAGE 1

  Young and Single

  An important stage where one lays down the foundation of a successful life ahead. Take advantage of the time and power of compounding to ensure that you build up your dreams. Start saving early.

Your needs

 Save for a home and wedding

 Tax Planning

 Save for Golden years

 

   

STAGE 2

  Just Married

  Marriage brings about a significant change. New dreams and new opportunities also bring in additional responsibilities. While both of you look forward to a happy and secure life , it is equally important to ensure that eventualities don’t come in the way of shaping your dreams.

  Your needs

 Planning for home / securing your home loan liability

 Save for vacation

 Save for your first child

 

   

 

   

STAGE 3

  Proud Parents

  Once you have children, your need for life insurance is even more. You need to protect your family from an untoward incident. Ensure your protection umbrella takes into account the future cost of securing your child’s dream. You will want life to go on for your loved ones, and having enough life insurance is a way to help ensure that.

  Your needs

 Provide for children’s education

 Safeguarding family against loan liabilities

 Savings for post-retirement

 

   

STAGE 4

  Planning for Retirement

  While you are busy climbing the ladder of success today, it is important for you to take time and plan for your life after retirement. Having an early start for retirement planning can make a significant difference to your savings.Think about your golden years even before you have reached them. The key is to think ahead and plan well using your time and money.

  Your needs

 Provide for regular income post retirement

 Immediate Tax benefits

 Lead a secure, independent and comfortable life style in your retirement years

 

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