We are a prominent Insurance Planning Service Provider based in India.

• Life insurance provides funds to your family or an organization after your passing
• Term life insurance provides protection at a low cost, but doesn't build cash value
• Permanent life insurance provides protection while serving as an investment opportunity with potential for growth

Life Insurance Planning provides a way to help those you care about to maintain their quality of life in the event of an untimely death and may provide retirement and other benefits to you during your lifetime.

Why life insurance? A life insurance policy can provide protection based on your current situation, goals and needs :

• Permanent life insurance provides lifelong coverage while building cash value
• Term life insurance often costs less, but covers only a set period of time and does not build cash value

If you already took steps to financially protect your family, remember to periodically assess your situation. Changes in your income, financial obligation and long-term goals mean the type and amount of Insurance Planning you need may have changed, too. 
Why we need Insurance Planning?Ajay is 35 years old and works for a multinational corporation (MNC). He has a ten-year-old son, Vijay, whom he dreams will one day become a doctor. Ajay's spouse is a housewife, and his parents are retired and dependent on him. Ajay has a home loan and is making monthly investments for Vijay's higher studies and marriage and his own retirement. Ajay wants to ensure that Vijay gets the best of everything and that he himself is not dependent on Vijay during his retirement in the way that Ajay's parents are on him. So far everything is going well with Ajay's plans. But imagine what will happen in the following scenario. One day while returning home from the office Ajay has an accident and dies. What will happen? Who will take care of the family, Vijay's education and marriage, the home loan etc.? What are the options available to Ajay so that his family can be taken care of in his absence? Now put yourself in Ajay's shoes and imagine you are the family income provider and have to face the above scenario. What will you do? Relax! Our intention is not to panic or scare you. We are using this case study to try to help you realize the importance of insurance which is the solution to all the problem.

So, let's look at the scenario again and see how insurance can provide a solution. Life insurance provides protection to a family on the untimely death of the income provider. If Ajay has adequate life insurance cover, then should he die, the money received from the life insurance company can help to support his family.The insurance money will help to take care of the family's living expenses, Vijay's education and marriage, and the cost of the home loan etc.

What are the benefits?  As individuals it is inherent to differ. Each individual's insurance needs and requirements are different from that of the others. Insurance Plans are policies that talk to you individually and give you the most suitable options that can fit your requirement.

When you discuss for a life insurance plan you’ll need to review information about your financial situation. For example, you’ll likely cover your :

• Current life insurance and savings
• Current income and monthly expenses
• Other family commitments, such as college funding
• Survivor's basic needs
• Survivors' expected income vs. income needed to cover expenses for life
• After assessing your coverage needs, your advisor can recommend the right life insurance policy for you.

You want to make sure you purchase as much as you need. If a more expensive permanent policy means you can only afford to buy less, it’s probably not a good idea. After all, the whole point of insurance is to make sure your family has enough to be taken care of financially if something were to happen to you.

Likewise, you don’t want to buy insurance that you don’t need either. That’s because on average, you’re likely to spend more on it than you or your family will ever receive. Think about it for a moment. The insurance company has to collect enough in premiums not only to pay out benefits but also to cover their expenses and make a profit. In fancy business lingo, your expected return on those premium rupees is negative.

What are the Benefits? For those who are looking forward to save on taxes, building a strong business portfolio and for enhancing the overall future wealth, the Investment Planning alone would turn out to be the best option. If gone through the overall steps well, Investment Planning can in no way lead you towards absolute financial instability. By creating an overall budget, paying off all your outstanding as well as existing debts, one can start thinking about their rainy days straightaway.  Designing a well disciplined saving program either by investing in education or in the various pension schemes, one can prosper in saving huge for their upcoming years. Keep in mind; good Investment Planning completely turns your dream goals into reality.

Every once in a while we get a call on our Financial Helpline from someone whose financial adviser recommended that they invest in a permanent life insurance policy (including whole, universal, or variable universal life). The adviser’s pitch can sound compelling. Why purchase temporary term life insurance that you’ll likely never use? Isn’t that like throwing money away? With permanent life insurance, part of your premiums are invested and some of it can be borrowed tax-free for retirement, or your children’s college education, or anything else you’d like and your heirs will get a nice death benefit when you pass away. We are a preeminent Investment Planning Service Provider based in India.

Preparing for your financial well-being is important throughout your life time, but it is critically important during that period, when you are heading towards retirement.  
Do You Know How Much Money You Would Require in Your Retirement?The answer to this, in fact nobody knows. Money is such a sweet fruit which entices one and all. No matter how much money you have, there is never enough of it. So, to ask such a question as "how much money is required for retirement is indeed very relative. There are a number of factors such as your standard of living, any liabilities or dependencies, your expenses and your targeted retirement age. A better to way determine this sum for yourself would be first of all make an estimate of your post-work income i.e. the amount of money you'll need when you are not working anymore. This should be around 80% of your current income. Now decide the age you want to retire in. Add up the market value of all your savings and investments and determine a realistic rate of return on them, assuming inflation is about 4% per year. This way you would have a fair idea of the amount you would need on a monthly basis to support your retirement.

How Much to Save for the Retirement?For this, you need to make an account of your current expenses and liabilities. Now keeping in mind your present standard of living, you should make an estimate of at least 80% of your current income which will be your post-retirement income. Now subtract your expenses not spent on yourself from the total expenses i.e. in your retirement age, there won't be any dependencies on you, so lesser expense. Depending upon how the numbers work out, you may be able to save a large portion of your employment income toward your retirement,

Why Do We Need Retirement Planning in Our Life?Retirement is one of the most important life events many of us will ever experience. Since growing old is not optional, so is earning income and then suddenly withdrawing from it. From both a personal and financial perspective, realizing a comfortable retirement is an incredibly extensive process that takes sensible planning and years of persistence. Retirement planning in today's times has become all the more important due to certain uncertainties of government retirement schemes. It is widely known that government pension plans are nothing to rely on these days because of the overgrowing population and corruption. Moreover, there are unforeseen medical expenses and emergencies in today's times which can't be anticipated. Another factor which indirectly and conventionally plays an important part is the withdrawing of children from parents when they grow up. In this competitive world, children are more ambitious who want to lead their private lives away from parents, so in their absence, there is no one to take care of your financial needs in your retirement age. Retiring from one's job is a trauma in itself, there is a growing need to support your living with an assured Retirement plan.   After all, it is the quality of life that we all want and it lies entirely on what we contribute in present. If you too are trying to figure out the effects of expenses, inflation and those that appear to be fruitful for satisfying your retirement phase then, we at Financial Planning Arcade have a solution. 
What are the Benefits?A pension plan ensures regular income after retirement. There are two phases in any pension planning- accumulation and disbursement. First phase involves investing in different financial instruments. To build a huge corpus amount, one should start as early as possible. A person can start investing just a small amount and then increase the amount as per his financial ability. By starting with low amount for more number of years, a person can accumulate quite a big lump sum amount. If a person invests in pension plan, then at the end of policy term, one-third of the amount can be withdrawn as lump sum while the rest of amount is used to purchase annuity. We are a trusted Retirement Planning Service Provider in India.

As a caring parent you would always want your child to get the very best. To ensure that you fulfill dreams that you may have for your loved ones, Child Education Planning for their secured future is very important.
With growing standard of living, the expenses for educating your child are rising. If your wish to start planning or saving for your childs education expense in advance, it always helps to look at insurance as one of the investment avenues. It is a guaranteed product that delivers at the time your child needs the money.

Insurance and Your Childrens Higher Education :Like every parent, you must have dreams for your child with the best education. Life Insurance provides you with financial support for your childs education in case of any unforeseen events. With proper financial planning, you can also grow your investments catering to even bigger dreams of your child.
The objective of an insured parent should be to provide for his familys every day needs as well as provide for his childs future expenses such as education and marriage. Many insurance policies provide money to you or your child when they are in the age group of 18-26 years.

How Much Life Insurance Do You Need?

There are two ways of providing for your children :

• You insure yourself for a large sum that provides for your childrens future expenses, along with the rest of your familys expenses for the future.
• In addition, you provide for your childs future expenses through an insurance policy (in addition to other investments that you may be making) that will ensure shehe receives money at the age you want them to, in your presence or absence.

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  Some Questions to Consider When Calculating Your Level of Life Insurance Coverage :

  • What are your financial goals? In terms of your present requirements, your savings, your financial aspirations - in terms of buying a car or owning a house if you are living in a rented home, etc.
  • In order to reach your goals, what other financial planning strategies do you have in place? For example, if you are planning to buy a house after 2 years, then how much money will you need to make a down payment (if it is financed through a loan)? Can your investments be liquidated at that point in time?
  • Do you want only enough insurance for your survivors to get by financially, or do you want to have enough to encompass higher education andor spouses retirement requirements?

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    What Should Your Childrens Policy Cover You For?If you are the parentguardian who is going to pay premium for your childs policy, ensure that your policy offers you

    • Waiver of premium - In the event of your death or an accident that disables you permanently, this clause is available to the insured parent, where no further premiums need to be paid.
    • Money guaranteed at a certain age - The objective of a childrens policy is to ensure that the child receives a certain lump sum amount of money at a fixed age. Hence, if the parent dies at an early age, the policy should continue, where no further premiums need to be paid and the child should still receive a fixed sum of money at a particular age.
    • Policy should not cease upon death of the insured parent or guardian - Few policies offer the sum assured plus the bonus for the term and discontinue the policy from thereon. Please ensure that if the objective of your purchasing a policy is to provide your child with money at a certain age, your policy does not discontinue in the event of your early demise. We are a reliable Child Education Planning Service Provider based in India.