At 32, Rohith was on top of the world. Married with a two-year-old daughter and was busy climbing up the corporate ladder as an investment banker. He was glad everything had come to him exactly the way he had planned it. Then, at the peak of happiness, calamity struck. One morning when he failed to make an appearance at the living room, Mrs. Rohith took his cup of tea to his room. Surprised to see him still in bed, she tried to wake him up. But he was gone, he had suffered a ‘silent attack’. When the mourning period was over and the bills pouring in, his partner started to search for documents to his assets. She was clueless about the passwords, documents and transactions as they never discussed matters neither did he leave a will. The family is running from pillar to post, but it appears to be a tedious process. Continue reading
No one plans to get sick or hurt but most of us need medical care at some point. Health care costs are rising astronomically and they can hit you hard if you don’t have an insurance to fight them. When you or loved ones need medical attention, there is nothing you see beyond. Be it your retirement or kid’s future or other dreams. Everything takes a back seat. And if you have a family and parents dependent on you, then frequency of these setbacks may be more as you don’t know who would need medical attention and when. Continue reading
We are nearing towards the end of another financial year and like any other year; everyone is on the run to save taxes. We see a lot happening around, in this JFM quarter where the motive is to save maximum tax. However, it’s an icing on the cake if it helps to plan the future as well.
One of the most preferred ways to save taxes is to buy a life insurance. No wonder, most of us have Life Insurance or even if we don’t have, we know what it is. Life Insurance is that tool which ensures that your loved ones would be taken care of even when you are not around. Continue reading