Articles By Sanjay Mathew

When we talk about potential future losses, we might come across a situation where a loss may not happen at all. This is another reason why people don’t like term insurance, because traditionally term insurance would provide financial support only in case of death of the insured during policy period. There should be proper understanding about the insurance policies before you own it.

After having led a graceful life of high standards in youth, you would not really like to compromise with the necessities as well as the luxuries in your retired age where you cannot earn the same way as you could when you were young. But to be looked upon with even more respect, retirement planning is a must.

Everyone needs a retirement plan to sustain one’s lifestyle and to support a life one envisions as a retiree even after he/ she stops working and the regular income ceases. The importance of retirement planning has increased manifold due to reasons like nuclear structure of families, increasing life span, medical costs and inflation.

A sound financial planning that ensures the availability of sufficient funds for the child's education at the right time is helpful in securing the child's future. Children insurance plans available in the market provide investment opportunities to cater to your child’s needs as well as a life insurance cover.

Retirement planning through a pension plan guarantees regular income to the policy owner in the form of annuity or pension. This new trend has highlighted the need for the right retirement plan which can provide expected returns. Many insurance companies today are offering innovative Pension plans, commonly known as retirement plans to help provide financial security to the insured, post retirement.