Life Insurance Saves Tax While Getting Your Finances In Order

As Indians, we are taught to start saving and protecting our wealth from a young age. The concept of “saving for a rainy day” is distinctive in our culture. It is this that pushes us to save before splurging on lifestyle expenses. Over the years, with the rise in financial literacy, Indians have realized the importance of financial planning. This has encouraged the Banking, Financial Services and Insurance (BFSI)  sector to innovate and offer a host of products. Financial planning, however, goes beyond sound financial advice. It is important to have an effective strategy that helps your money grow and covers you against any future uncertainties.  With life and employment becoming unpredictable in the wake of the pandemic, there is a greater need to have a well-thought financial plan now, more than ever before. Having an exhaustive plan helps you invest and save...