Insurance Planning
Protect your family's financial future with tailored insurance solutions. We analyze your needs and recommend optimal coverage to safeguard against unexpected risks without over-insuring.
Overview
Insurance is the foundation of financial security — it protects your family's lifestyle and assets when you're not around. At SIMFIN, we go beyond selling policies. We conduct a comprehensive needs assessment, analyze your income replacement requirements, and design a multi-layered protection strategy. From term life insurance to health coverage and critical illness protection, we ensure you have the right coverage at the right price, eliminating gaps and unnecessary expenses. Our integrated approach means your insurance plan complements your overall wealth strategy.
What's Included
- Term life insurance advisory
- Health insurance planning
- Critical illness coverage
- Disability insurance guidance
- Estate planning support
- Claims assistance and support
Ideal For
Families and individuals seeking comprehensive risk coverage and financial security for their loved ones.
Minimum Investment
₹500/month - ₹5,000/month
Key Benefits
Needs Assessment
Comprehensive analysis of your income, liabilities, and family expenses to determine accurate coverage requirements.
Right Coverage Amount
We calculate the precise insurance cover you need — not too little to leave your family vulnerable, not too much to waste money.
Multi-Layer Protection
Combination of term life, health, critical illness, and disability coverage creates a comprehensive safety net.
Cost Optimization
Expert negotiation and policy comparison ensures you get maximum coverage at the lowest possible premium.
Claims Support
We guide you through the claims process and liaise with insurers to ensure smooth and timely claim settlement.
Regular Reviews
Annual policy reviews ensure your coverage evolves with your changing life circumstances and financial situation.
Common Questions
How much life insurance do I actually need?
A common rule is 10-12x your annual income, but it depends on your liabilities, dependents, and lifestyle costs. We conduct a detailed analysis to determine your exact requirement.
Is term life insurance enough or do I need endowment policies?
Term life insurance provides pure protection at the lowest cost. We recommend term insurance for protection and invest separately for wealth creation — this is more tax-efficient and cost-effective.
When should I buy health insurance?
As early as possible. Younger age means lower premiums, and pre-existing conditions don't apply. Family floaters provide cost-effective coverage for the entire family.
What is critical illness insurance and do I need it?
Critical illness insurance covers expenses for serious illnesses like cancer, heart attack, or stroke. We recommend it if you have dependents or significant financial obligations, as income loss during recovery can be devastating.
Ready to Get Started?
Reach out to discuss how our insurance planning services can work for you.