Graduation often means insurance changes. Make sure you and your child understand what's needed, when!
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Don't buy insurance just for tax saving. Buy it to protect your loved ones. Have you ever bought an insurance policy just to fill your 80C component? If so, you're not alone. It is important to remember that insurance is not meant to make you rich. It's designed to protect your loved ones from financial hardship in the event of an unexpected event, such as a death, illness, or accident. If you're buying insurance, make sure it's the right type for your needs. Term insurance is the most affordable type of life insurance, and it provides pure death cover, without any investment component. This makes it ideal for tax saving purposes. Here are some of the benefits of term insurance: - It is the most affordable type of life insurance. - It provides pure death cover, without any investment component. - It is simple and easy to understand. - It can be customized to meet your specific needs. While term insurance cannot make you rich, it can provide you with peace of mind knowing that your loved ones are financially protected if something happens to you. Do you have the right insurance coverage to protect yourself and your loved ones? If you're not sure, reach out to us today for a free consultation. We can help you find the best insurance plans at the most competitive rates. https://lnkd.in/ddZbZXbp #insurance #terminsurance #taxsaving #financialsecurity #financialplanning
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Founder and Managing Director at Clark Shaw Associates Mortgage and Financial Solutions. Experienced Mortgage and Protection Advisor | Business Insurance Specialist | Helping You Secure Your Financial Future
Are you fully aware of the details of your insurance policies? 🤔 Do you know how long they last, what they cover, and who else might be included ⁉ Many people secure insurance but don’t fully grasp their cover or its benefits - they assume they're covered without ever verifying the details. It’s impractical to pay for something you don’t understand. If there’s any uncertainty, especially if your life circumstances have changed, it’s crucial to review your policies💯 Many people acquire insurance, file it away, and neglect to understand exactly what they have. Please make sure you’re not one of them. Often, people only discover the inadequacies of their insurance when it’s too late😖 Although your policy might seem adequate and could remain unchanged after a review, it’s always wise to verify. I frequently see clients who overestimate their cover or believe they have critical illness cover when they don’t, they’ve confused it with terminal illness cover. This isn’t usually their fault; often, the policies just haven’t been explained properly. However, if you have insurance and don’t fully understand your policy, this could lead to significant issues if you need to make a claim and it’s denied😔 Check it sooner rather than later. #insurance #family #finance
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Short-term insurance is often the first to go when inflation looms. 💸 However, you can streamline your insurance and save money, without compromising coverage. 💡 https://lnkd.in/dQMXfaC4?
Streamline Your Insurance and Shed Unnecessary Costs | dotsure.co.za
dotsure.co.za
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Entrepreneur | Hiring-Manager | Talent Acquisition Partner| Mentor | Visionary | Helping Others to Create Their Dream Life |
Life insurance is at the foundation of the income protection and future financial planning. Bad things will happen and when they do, life insurance is the ONLY product that creates Income you would have otherwise created. LIFE INSURANCE creates money that doesn't even exist. Your chance of dying is 1 out of 1, It's just a matter of when. So ensure your life has a strong foundation. You need to protect your Income before you Accumulate it and Distribute #income #protection #family #kidseducation #education #plan #home #buying
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Starting your college adventure? Stay protected each step of the way with State Farm insurance! Discover insights in this article on safeguarding your belongings and navigating college life confidently. #CollegeLife #InsuranceCoverage https://lnkd.in/gj8uVTms
Insurance Tips for College Students and Their Belongings
statefarm.com
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How much life insurance do I need? Although everyone's needs are different and we cater each plan to the individual person, you can use the D.I.M.E method as a guide to determine your insurance needs. Here’s how it works ⬇️ D - The cost of final expenses aka funeral costs. I- Income replacement. If your loved ones depend on your income for their livelihood, your income would need to be replaced if something happened to you. M - Covering the cost of paying off your mortgage or paying off other debts E- Kids' education or inheritance. Chances are you want your family to be well taken care of when you’re gone, this is something that should be considered when choosing your insurance coverage. Not sure which policy is best for you? Click the link in bio to book your free consultation!
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Stepping into the real world post-college or hitting 26? 🎓🎂 Time to get savvy about your insurance needs! From health to renters to auto, make sure you're covered as you navigate this new chapter. #Insurance101 #AdultingDoneRight
https://cosmoins.com/graduating-college-or-turning-26-heres-how-to-plan-for-your-insurance-needs/
https://cosmoins.com
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President & Owner of Gerety Insurance | Specializing in Personal & Commercial Lines | PARTNERS FOR YOUR PROTECTION®
We continue to observe a rise in insurance rates, and naturally, this isn't the outcome we desire. Take a moment to revisit a previous post that delves into the reasons behind the increase in insurance costs. https://lnkd.in/eFrjkG3P
Why are insurance rates on the rise?
geretyinsurance.com
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Right Term Insurance plan is suitable for providing better value for money and security. Fulfilling the term insurance eligibility such as age, gender, and many others, is quite important.
Term Insurance Eligibility Criteria - FamilyRaksha
https://blog.familyraksha.com
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