Insurance in its purest sense is protection against a financial loss arising out of uncertainty which includes the risk of illness, disability, damage to property and the most final of them all – one’s demise.
The consequences of early death of Bread winner of the family would be as follows.
- Family left to manage liabilities like Home loans, Car loan.
- Manage regular household expenses
- Manage goals expenses like children’s education and their Marriage on their own.
Term Insurance cover ensures that your family has protection against a financial loss arising out of uncertainties of life.
Health Insurance/Mediclaim – this is a must have for every family member. It can be taken as an individual policy or as a family floater. This will cover regular hospital expenses in case of any hospitalization.
Inadequate Health Insurance will Increases financial burden on the bread earner of the family, He may have to borrow money or sell asset like gold to pay for hospital expenses.
Accidents can cause Huge hospitalization expenses, Partial, Temporary or permanent Disability and Loss of Income. Personal Accident cover ensures that the family gets financial support in case of partial disability, permanent disability, Death, Loss of income due to Accidents.
Increase in number of life threatening prolonged Critical illnesses like Cancer, Heart Attack, Kidney failure, Paralysis, stroke, Major organ transplant etc are on rise and such disease can results in increase in hospitalization, Nursing, Medicine and household expenses due to prolonged illness.
Critical illness policy will pay out a lump sum upon diagnosis of any critical illness from the defined list of illnesses stipulated.
Shankar Iyer
When it came to understanding Mutual funds, my first discussion was with Subhash Chavan of Moats Wealth Advisors. He guided me with the systematic plan and how Mutual funds work and the wealth growth over the years. With the experience and the background of Moats Wealth Advisors I found a better way to grow my wealth. What was giving more comfort was that the way they have been able to switch and find the best funds to invest in, their regular daily updates, quarterly updates and the reports gives me confidence. I can very well say I have been having the best experience in Mutual fund investment with Moats Thank you Subhash for the excellent guidance. I am recommending Moats Wealth Advisors for all Mutual fund investors.
Nitin Kshirsgar
I trust MOAT Advisor more than anybody & I have shifted all my funds to
you for the investment in mutual fund. I am very happy with your prompt, professional services & confidence
with which you execute your business. From now on wards I will invest only with Moat.
Mehul M Ratanghayra
It has been some time that we have started referring you to our contact sphere for mutual fund investments.
With so many options available in the market, Mutual Funds can be sometimes overwhelming to select the right one.
This is where an expert advice is required and am glad could introduce you to them.
We have received positive feedback from whosoever have availed your expert advice.
You did not sell whatever you could but make them understand what they require for future.
That was the primary difference. Thank you so much for the correct advice and establishing great
credibility. Wish you luck always.
