Risk Management

Insurance……The most important Risk Management Tool totally ignored by one and all.

• Insurance is not an investment..........it will give you only 5.5% return do not take endowment policy
• Always take TERM COVER O NLY
• Insurance is always taken to cover till 60 yrs.....i.e if you 30 yrs old then your policy term to be till 60the year
• A simple way to evaluate as to how much cover one needs is based on Human Life Value approach...i.e  10 times your Annual Income  is the cover required to protect you family incase of any eventuality