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Brighten Up Your Financial Future This Diwali With These Life Insurance Plan Benefits
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Leaving the pandemic blues behind, let’s get ready to welcome the joy of festivals and the light they bring us. During the Festival of Lights, Diwali, we usher in fortune and “bring new†things. Some of us are planning to buy a house or renovate it, some may buy that dazzling new car, go on a family trip, buy gifts for loved ones, etc. If you remember from your childhood, do you remember owning a piggy bank to save money on Diwali?
Saving is an integral part of our culture. So, why not this Diwali take a step towards equipping and securing your financial goals in order to happily celebrate the stages of life. Celebrations can only be enjoyed if you are at your best with your wealth and health.
The protection needs and demands of the self and the family differ from one individual to another. Thus, it becomes important to map out your financial goals and a sequence for achieving them, keeping in mind uncertain times and situations.
With a number of financial tools to choose from, life insurance plans today offer guaranteed savings income and comprehensive protection that can be hyper-personalized to your monetary needs.
Identify what works best for you:
Ensure your returns: Adapt your life insurance plan to fill your “piggy bank†and stay invested longer. The pandemic brought on by financial stress on individuals and families has spread the idea of ​​having a second source of income to cope with the financial burden. A life insurance plan offering guaranteed savings will provide a stable earnings stream throughout a selected benefit payment period. Such offers address all financial concerns without jeopardizing the lifestyle.
The author, Anil Kumar Singh, is Chief Actuarial Officer at Aditya Birla Sun Life Insurance. Opinions expressed are personal
(Edited by : Anshul)
First publication: STI