Insurance Planning
CreditBoon Consultants are here to help you figure out the best insurance plan
Insurance is a way of safeguarding against financial loss. It’s a type of risk management that’s generally utilised to protect against the danger of a speculative or unpredictable loss.
Why Insurance Planning is Important?
Insurance is a critical component of one's financial portfolio. It provides you with financial protection against a variety of life's unforeseen events. There are various sorts of insurance that you may rely on to cover the many uncertainties that life throws at you. Individual insurance is divided into two categories: life insurance and general insurance. Life insurance provides coverage for the policyholder's entire life. General insurance, on the other hand, is available in a variety of forms. There's car insurance, home insurance, and even travel insurance for your vacations or business trips. Most crucially, there's Health Insurance, which provides you with a reliable source of funds in the event of a medical emergency.
Benefits of insurance Planning
- Helps Mitigate Risk
- Sense of Security
- Reassurance of Future
