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Non Life Insurance - Why insurance is necessary for Students?

11 Jan 2003

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Young people all over the world have similar options and priorities on their minds. Youth and its exuberance can never be replicated once time has passed. Yet, this is the time when life also seems very uncertain and almost ungainly in its flow. We tend to plan towards a specific goal. But mid-way we discover that we have lost interest and choose to make a lateral shift into an alternative stream. Since we are full of uncertainty and lack conviction in our actions, how can we expect life and its flow to be any different?

You might be going abroad, hoping to spend your vacation wandering and tasting the sights and sounds of a foreign country. A trip of a lifetime can be ruined by a gastronomic disaster and you might need emergency medical treatment. The disparity between currencies can be financially crippling. Does it not make sense to opt for an Overseas Medical Insurance policy?

Even if you plan to explore the sights and sounds of our own homeland, you can opt to insure your trip and baggage under a Travel Insurance (Suhana Safar) policy. For young people, the need for immediate and easily available mobility means that most own two wheelers or bicycles. Why not secure your trusted steed against risks? You can have a look at Motor Insurance policies or Pedal Cycle insurance policy perhaps.

Source: insuremagic.com BACK

To be added soon

Priyanshu B. Tanna

SEBI registered IFA

ARN119467 & EUIN E-183966

To be added soon

Bharat Tanna

SEBI registered IFA

ARN26176 & EUIN E-044509

To be added soon

Kundan B. Tanna

SEBI registered IFA

ARN294073 & EUIN E-553599

Risk factor

Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.

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