As you know, there are always some risks lurking around you such as death, disability and Critical illness. These unfortunate events can disturb your investment plan and make you fail in achieving your financial goals. To protect from these risks, you must have appropriate insurance policies for life and health with adequate covers. As and when you have these insurance policies in force, you have achieved Financial Security.
It is observed that when buying Insurance most individuals do not consider whether they are getting value for money and often end up with cover that they do not need and without the cover they actually need. An Accident resulting in Disability – Either Partial or Total or Temporary or Permanent, Early Death, Critical Illness, Unforeseen Liability could take away years of savings
We help you not only to identity the risks and also assist in quantifying the risk one is exposed to and provide appropriate solution to mitigate.
Sustain
Even if one is adequately protected by insurance, some unexpected events could crop up where one would require to access some amount of money instantly. These risks are emergencies like job loss, parental illness, home repairs etc. These emergencies could force one to liquidate long-term investments by cutting losses / incurring costs which is bound to impact in achieving other important goals in life.. To overcome this, one must have an adequate amount readily available for meeting any emergencies so as to ensure Financial Stability.
Every Family has a Common Goal and every member of the Family has his / her personal goals and aspirations to full-fill in one’s life time. The Family Goals could come in the way of achieving the Personal Goals or vice versa hence this has to be ironed out with the involvement of all the members of the family.
As and when each Goal is fulfilled it brings confidence and determination to achieve the next and the next and all the goals planned for will be achieved seamlessly even it means some compromise or adjustments in the short term to achieve the long term Goals and Aspirations and that brings the Financial Confidence.
Earlier Retirement meant a particular age say 58 or 60. But in today’s gig economy and in the age of outsourcing and building one’s core competencies coupled with the advantage connectivity and remote working one need not necessarily have the age band as criteria to stop working and perusing all the things that one missed earlier in life. If one is able to ascertain Living Expenses and The Annual Expenses (which predominantly includes all the Non-Discretionary) after considering the Enhanced Longevity, Life Style, Taxation and Inflation and Build a Retirement Nest, which is Financial Freedom, once can call of active working life even at late 40’s and early 50’s. We will help you ascertain the Ideal Retirement Nest specifically to each family situation and help you in achieving Financial Freedom.
After having achieved all the above 4 once reaches the Zenith in Life, where the Wealth one processes does not necessarily alter his / her life style but gives immense pleasure and gives abundant sense of satisfaction and fulfilment to contribute / dedicate and bequeath the remaining part of one’s life in giving back to community / society without having to absolutely worry about conserving and saving and that is the Financial Pinnacle
We, at Disha Finmart, shall help you to achieve the Pinnacle irrespective of which life cycle/ stage one in currently in.
