Unexpected events such as loss of life, material, hospitalisation or disability, can create a significant financial liability.
Rather than being only about gain, sound Financial Planning is about identifying risks, recognizing the possibility of loss and building strategies to mitigate them while protecting income and assets of clients. Income Protection and risk planning is therefore a critical component. Adequate insurance protects income, assets and keeps away financial distress.
It is easy to buy an insurance policy as a layman. However, insurance policies are complex to understand. As professionals with a long experience, we evaluate every insurance product on multiple parameters such as claim settlement ratio, post claim servicing, solvency ratio, lapse ratio etc., before bringing it on a client’s Financial Plan.