How Insurance Helps in Financial Planning

Insurance is not just about protection. It is also a smart part of financial planning. Whether it’s life insurance, health insurance, or investment-linked plans, they all help in building a secure financial future.

With life insurance, your family is financially safe if something happens to you. Health insurance helps you avoid huge medical bills that can damage your savings. Investment-linked insurance like ULIPs or endowment plans help you save for big goals while staying protected.

Insurance also helps reduce your tax. Premiums paid for life and health insurance are often eligible for tax benefits. This saves you money every year.

If you plan early, insurance can become a strong foundation for your future—supporting goals like buying a house, children’s education, or retirement.

So, insurance is not just an expense—it’s a wise financial tool for peace of mind and smart money growth.

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