Our innovative financial planning tools are built around the highly relevant yet amazingly simple concept of LifeMaker™ that acts as a guiding tool in building a complete financial plan for your life. It helps you understand the basic needs for buying life insurance and accordingly identifying your insurance needs.
The LifeMaker™ identifies the following as the hierarchy of life insurance needs for an individual – Protection, Savings, Retirement and Investment.
Protection
First, life insurance can help you to protect your income and your family’s financial future in case you are not around. The Minimum Insurance Needs calculator helps you estimate the minimum insurance cover you need today.
Savings
Second, life insurance can work as a long term saving, thus giving you the financial strength to achieve your life goals. It also gives you tax benefits. The Savings Needs financial calculator helps predict the approximate expenditure you would be looking at to meet your life goals.
Retirement
Third, life insurance can make sure that you have regular income after you retire and also helps maintain your standard of living. The Retirement Needs calculator helps plan for a steady income to ensure a well planned lifestyle post retirement.
Investment
Finally, life insurance can act as a safe, long-term investment, free from the risk of market swings. At the end of the term, you or your family can enjoy added returns on investment. The Investment Needs financial calculator can help you plan you way towards the dream corpus.
The Financial Horoscope – A complete package
In addition to the above tools, to help you evolve a comprehensive plan for all your life events we have The Financial Horoscope as a complete package.
