VSRK is acting as a catalyst to promote awareness in managing funds which would cater to both the health and wealth security processes affecting families. An important economic subject of concern which largely affects the upliftment of any individual is health and financial security.
The relationship – financial security, health and happiness
It’s seen that nothing makes people happier or more confident than the satisfaction & contentment of having secure finances. The investors are blessed tremendously with the peace of mind that comes with having the financial basics covered. It’s not only the wealth which induces the feeling of financial security but rather the knowledge of having built a shield of financial protection to defend loved ones against life’s inevitable uncertainty.
Unplanned financial emergencies
Rainy day savings or an emergency fund, if you don’t have one, start saving now to accumulate at least 6 months’ worth of necessary expenditures. Learn from the Pandemic that could be finding yourself unemployed for a period, huge unexpected medical emergencies or urgently replacing motor vehicle.
The rising cost of healthcare as primary concern of Indians with 63% experiencing high or moderate levels of anxiety over the issue. Additionally, 73% fear from an unplanned medical emergency. VSRK brings the good news that this fear can be eliminated by taking out a comprehensive health insurance policy. The financial risk is transferred to your insurer & that brings the real peace of mind.
Loss of income after death
Hopefully everyone lives a long and happy life but the truth is that nobody is mortal. Getting an insurance and knowing that a lump sum payment would be forthcoming if you came to an early demise is reassuring and the ultimate in protection from beyond the grave.
Protect your estate
One can follow some steps to minimize the amount of inheritance tax payable when one dies. There are other essential to dos such as naming guardians for your children and, for expats, cross-border estate planning issues to take into account, particularly for those with assets in different jurisdictions. Professional advice by VSRK is essential & helpful.
There is a lot that can be done towards your financial security by VSRK. It might be formidable but your one step will amaze you how quickly we will build your family’s protective shield and your peace of mind.