CONCEPT OF FINANCIAL PLANNING

Insurance is a basic tool of

Financial Planning
• TIP- TERM INSURANCE PLAN- PLAN B FOR ACHIEVING YOUR
GOAL WHEN YOU ARE NOT HERE
• HIP- HEALTH INSURANCE E PLAN – PROTECTS YOUR HARD
EARN MONEY FROM UNCERTAIN HOSPITALIZATION
EXPENSES
• SIP- SYSTEMATIC INVESTMENT PLAN – SURE SHORT
FINANCIAL GOAL SUPPORT
WHAT IS INSURANCE ?

❏ Important part of your Financial Plan

❏ Protect You and Your loved ones from Unforeseen Risks in your life
❏ Insurance offers peace of mind against the unexpected
❏ Covers you for any losses due to death, disease, disabilities and
damages.
LIFE INSURANCE
 Pure TERM Plan
Life Insurance is Investment in the future of
family.

It saves your family against financial crisis

due to unfortunate death of the bread earner.
TERM PLAN

■Basic form of Life Insurance which covers only Death

benefit.
■No Maturity Benefit if client survives during the policy Term.
Example ::: Client Aged 35, Non Smoker, wants coverage till
Age 65
– Pay Premium of Rs. 11,500 (approx.) every year for 30
years.
– If Death happens till Age 65, Nominee will get Sum
Assured (50 lacs)
– If Client Survives, there is no maturity benefit.
 I R CAR
TH E
SOLD
 IT IS NOT ABOUT HOW MUCH LIFE INSURANCE YOU
NEED,

BUT ,

HOW MUCH YOUR FAMILY NEEDS IF,YOU ARE NOT THERE.

A health plan that protects you for Rs 5 lakhs:
•Premium for 1 year – Around Rs 7,500/year
•Premiums for 25 years – Around Rs 2 lakhs
With a simple health plan that you can opt for yourself as well as your family, none
of the medical expenses would be a financial problem. Therefore, a small amount
of Rs 2 lakhs has protected you in such a way that you don't have to lose Rs 1.1
crores.
A health plan worth Rs 2 lakhs protects investments worth
crores!
 HEALTH INSURANCE
INVESTMENT THAT KEEPS YOUR SAVINGS TO
INTACT IN CASE OF MEDICAL EMERGENCIES
Health insurance
• INDEMNITY PLANS- These plans will reimburse the policyholder
with the actual amount incurred as expenses during a hospitalization
stay up to the sum insured under the policy.
• DEFINED BENEFIT PLAN
A defined benefit policy, pays a stipulated sum on an insured event. It
pays the insurance cover—or the sum assured—on the diagnosis of
an insured critical illness, it doesn’t matter what the hospital bill is.
WHY YOU NEED HEALTH INSURANCE ?

❏ Medical Emergencies ( Diseases / Illness / Accident)

❏ Medical Inflation 14% - 16% YOY
❏ Lifestyle Diseases
❏ Uncertain Epidemics

❏ shield your savings from sudden shocks of medical treatments.

❏ Easy Cashless Claims

❏ Tax Savings- deduction of up to INR 25,000( below than age of 60)

 MORE REASONS TO BUY HEALTH INSURANCE

❏ 60% of the World's Heart Disease Patients are Indians.

❏ 30% of Heart Related Ailments occur before Age 40
❏ By 2025, 6.6 Crores Indians likely to have Diabetes
❏ Cancer Cases are increasing every year
❏ Lacs of Hip Replacement and Knee Replacement Surgeries every
year
❏ Every Minute there is a Road Accident on Indian Roads

❏ paralysis and stroke in India are increasing significantly by almost 50%

every year between 30-50 years of age.
DEATH DUE TO HEART DISEASE
What is covered under health policy
• In-patient Hospitalization Expenses
• COVID-19 Treatment
• Day Care Procedures
• Pre and Post-hospitalization Expenses
• Domiciliary Hospitalization
• Emergency Road Ambulance
• Ayurveda, Unani, Siddha, Yoga and Homeopathy treatment
• Organ Donor Expenses
• Preventive Health Check-ups
 COMPREHENSIVE

WHAT DOES HEALTH INSURANCE

IT COVER ?
HOSPITALIZATION EXPENSES*
DAY CARE TREATMENTS*

PRE & POST HOSPITALIZATION*

MEDICINE BILLS* & MORE...
*Terms & Condition Applicable

GET COMPREHENSIVE HEALTH INSURANCE TO PROTECT YOUR FAMILY FROM HUGE HEALTH CARE EXPENSES...
WHERE YOU CAN USE HEALTH INSURANCE ?

Hospital Expenses due to treatments like ::

Dengue / Malaria / Typhoid / Cataract / which requires 24
hours hospitalisation or Day care Procedure.
Heart Diseases Treatment (Surgery)
Cancer Treatment (Including chemo)
Hip Replacement
CORONA(Covid-19) Treatment
Other Illnesses which are covered in the Health Insurance
HOW MUCH HEALTH INSURANCE ?

❏ You can buy 5 / 10 / 25 Lacs or more available upto 5

crores also.
❏ Depend upon :: City / Quality of Hospital / Affordability
❏ Try for maximum what you can afford.
❏ Minimum 5 lacs of Health Insurance Cover for your Family.
❏ Add Super Top up of 5 lacs by paying something extra.
❏ 5 lacs base + 5 lacs Super Topup = 10 lacs
❏ Buy plan for your Parents separately-it’s easier now !
TYPES OF HEALTH PLANS
Things to Keep in Mind.

❏ There is no Advantage of Delaying these decisions.

❏ Just like 2 Vaccine Doses needed for safety of health
❏ You need Life & Health ins – 2 Financial vaccine for your
financial safety
❏ Disclose all material information related to health and
lifestyle.
❏ Insurance is for covering your losses, not for making
money.
DON'T THINK
JUST DO IT
NOW
Insurance Is not an
Option, It is a Priority.
Approx. Rs. 100 a day,
can give you Peace of
Mind
 Thank You

Disclaimer : The Presentation has been prepared for the purpose of

client's awareness and public in general.
Insurance is subject matter of Solicitation.
Please consult your advisor before taking any decision.