Did you Know INSURANCE ?

Did you Know INSURANCE ?
Read the message, understand the value of insurance , enlighten yourself and enlighten others.
1. We buy gold for our children's education and marriage, but we don't buy a child plan.                                                                                                2. We get fear on seeing an insurance agent, rather than getting a feeling of protection.
3. Only "20 crore" Indians have got insurance policy out of "130 crores" population.                                                                                                        4. We buy a screen guard to protect our mobile worth 10k, but we don't insure our life which is worth more than 10 Crores.
5. We get our daughter married to an unknown person. But we think a lot when a known person advices us about taking an insurance policy.
6. We fight among ourselves on Bhagavath Githa and Khuran, but we don't realise death is "FATE"
7. We place our chappal very carefully  in a stand paying Rs.5/-.  But we don't feel like paying Rs. 50/- a day to insure our life.
Does you life not worth even value of your chappal?
8. We believe Babas who do "magic" but we don't believe insurance agent who guides us with "Logic".                                                                 9. We envy Govt employees for their pension facility. But  we don't like saving some amount every month in a Pension policy and get pension for life time.                                                                                                           10. As per world census, more than 10k people everyday , do not wake up from sleep on their alarm set previous night.
Please remember only " FIRE ENGINE" comes with alarm, but "DEATH ENGINE" does not ...
11. We buy invertor to have light in our home during power off.
But you are the light to your family. Insurance policy is the invertor for your family to have light even when are not there.
12. When we die, it's LAST PAY only for us. But for family, it's just another day. They continue to live next day too.. Protect THEIR life with insuring YOUR life.
13. You know the balance in your mobile card, you know the balance in your Debit card ....  Do you know ... what is the balance in your life card?
RECHARGE" your life card with Insurance..
By S.Thillai Mahenthiran,Insurance and Mutual Fund Advisor .www.srivalaiguru.in +91 98400 44721                       

Fundamental of Financial Planning

1. 30 % of your income must be used for monthly living expenses.
2. 30% of your income must be used for Liabilities repayments
3. 30% of your income must be SAVED for your future LIVING.
4. 10% of your income must be spared for entertainments, vacations………..
5. 6 moth monthly income must be available for emergency fund  { LIQUID FUND },  it can be CASH or cashable investments
6. Home loan must be registered and apply  on both husband and wife name.  { Both can get benefits on Home loan Tax benefits }
7. Buying second house for investment is not advisable  [ Survey reports - it will fetch you only around 3% return]
8. After age 45 years not supposed to enter into any BIG LIABILITIES [ Higher education of children and wedding of children will happen around 45 to 50 only ]
9. Joint account is compulsory @ Bank savings account.
10. Property must be registered on both Husband and wife name. [  As per legal act – after husband first legal heir is wife, after wife it will go to children only ]
11. Regular check on Nominations at all financial instruments
12. Only in insurance policy,  Claims payable to Nominee.  In other financial instruments legal heirs certificate is must to get back the settlement
13. 2 moths salary must be parked on LIFE INSURANCE POLICY [ it’s a universal thumb rule on insurance ]
14. Don’t take any financial investment decisions by EMOTIONALLY
15. MEDICLAIM is must [ in spite of Group mediclaim coverage given at office [ After retirement there is no mediclaim coverage. After 50 years its very tough to enter into mediclaim ]
16. For your jewelry LOCKER,  Only one lakh is payable by bank,  if theft or fire happen at bank. Provided insurance done.
17. Like same way Government guaranteed only one lakh for your FD also. [ Fixed deposits with Banks upto Rs. 1 lakh only are backed by deposit insurance ]
18. Must know all tax implications.  You cannot avoid paying tax. But you can minimize by way of investments.
19. All financial documents must be kept safely.
20. Financial investments must be fallowed through personal financial advisor.
21. Review your financial port folio by every six month.

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS Read all Scheme related documents carefully!

Dear Investors,
Above Headlines as per SEBI guidelines all mutual fund advertisement,scheme documents print in the very small font.I think most of us unable to read also.I like to share with you few  AMFI data as on October 31,2016.
ALL TIME HIGH INDIAN MUTUAL FUND INDUSTRY..

• Total Number of Investor accounts/Folio cross More than Five Crore
• Total Number of SIP Investor account alone cross more than 1 Crore Mark..
• Total Asset under  management  all scheme more than 16 LAKHS CRORE.

  Thank you for all Investors participate in the Journey and Great Success  .Please share with your Friends and Family members.Understand the Market Risk  Carefully ,Choose the Scheme Carefully and Invest Today .More detail contact us.Mutual Fund Agent AMFI Registration Number ARN-928 .Mobile Number +91 98400 44721