K Mohan Email & Phone Number

Financial planning for future Life-InsuranceTerm Insurance: Term insurance plan is one kind of financial planning method with low premium high return. But, this high returns is only in case of loss of human life (i.e. death) by natural or accidental. Moreover, this plan is not for all the people and only for educated graduated and above (Higher secondary in some cases) with income 3-5 Lakhs per year (2 Lakhs for working professionals such as doctors and lawyers). Plan entry age is 18-50 years and protection for 30-40 years up to age 80. Premium is very low for early ages and high for middle aged ones. Financial protection for family varies from 50 Lakhs to 2.5 Crore depends on age and salary of potential earner.Savings insurance: Savings insurance plans are financial planning for future life and also for wealth management. There are two types savings insurance plans 1) Plans with Risk 2) plans without risk.Plans with risk: Savings insurance plans related financial stock markets are risk plans and their earnings may be high or low depends on market trends and maturity benefits are Non-Guaranteed.Plans without risk: Savings insurance plans not related financial stock markets are plans without risk and their earnings Guaranteed. All savings Plans under this category are well protected and options are available for more cover also. In term plans age, income and other factors restricts family protection 2.5 crore.But, under this category family protection can be 50 Crore’s or more.

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  Life Planner

  Tata Aia Life Insurance

  Oct 2018 - Present - Tirupati Area, India