Primassure LLP

A critical Illness is a life-threatening disease that disables you from performing your normal occupation. Various studies have revealed that the incidence of Critical Illnesses have increased manifold. Reasons are many, and these include stress, a sedentary lifestyle, junk food, lack of physical exercise and so on.  Nevertheless the fact is that along with the incidence rates, also increasing are the costs of treatment. It makes eminent sense to purchase a Critical Illness (CI) cover from an Insurance Company. Which Illnesses are Critical In India, Critical Illness covers are sold as stand-alone policies by General Insurance companies and as add-on covers (riders) by Insurance companies. This means that if you wish to buy a Critical Illness cover from a life company, you must have an existing life policy with them.  Most companies (Life or General) cover at least the top 6 Critical Illnesses: First Heart Attack Stroke (Cardio Vascular Accident or CVA) Cancer Kidney Failure Ma...

Building wealth is a subject that can lead to spirited discussion, encourage odd get-rich-quick schemes, or encourage people to undertake deals that they might not have otherwise thought of. These five straightforward guidelines can help you maintain the direction and long-term growth of your retirement assets, ensuring a secure future for you. Who doesn't enjoy the way that sounds?   Reduce needless spending Do you still believe that a penny saved is a penny earned? It is a straightforward wealth-creation principle. Your disposable income (savings) would rise if you cut back on costs. So, having greater funds would enable you to make more investments. Your wealth increases along with your investment. Reduce excessive spending because it can mess up your budget and your ability to save. You wouldn't be able to invest much to build wealth if your savings were hindered. Put a stop to your disposable costs as a first step in beginning your wealth creation path. Maintai...

At any age, retirement planning can be difficult. Even so, there are certain things you can do to prepare for your golden years. The fact that many savings plans are not generating the expected returns justifies why many people might need to put off retirement. Of all, attaining the age of 60 does not always indicate that it is time to retire, even if you are financially stable. Many 60-year-olds who enjoy their professions want to keep working. Even so, there are a few issues to take into account and deal with when planning your retirement in your mid-60s and beyond.   Analyze your readiness for Retirement Consider whether you are truly prepared to leave your job from both a psychological and financial standpoint if your employer's policy is to provide retirement at age 60. Whether not, think about whether you'd like to request a few more years of employment from your employer or if you'd prefer to work as a consultant. Since some businesses begin the retiremen...

What is Emergency Funds? Your emergency fund should support your daily needs and allow you to continue living. You don't have to take out unforeseen loans or abuse your credit card to do it. You might need to factor mandatory costs into your emergency reserve. These are the costs that are absolutely necessary. Food, medical care, rent, and loan payments would all be considered obligatory expenses in a perfect world. Additionally included are school costs and simple upkeep and repairs. If necessary, insurance premiums can also be included. The word "emergency" is used to describe a variety of circumstances, not just medical emergencies. An emergency is defined as any change in routine that requires a sizable out-of-pocket expense that is not anticipated in one's daily budget. This can involve expensive auto repairs, a sudden shift in employment, or even being laid off. It is crucial to create an emergency fund that can also be used for rainy days.   What Amou...

What is Financial Planning All activities that apply general management principles to a company's financial resources fall under the category of financial planning, including planning, organising, directing, procuring funds, investing, and returning funds. Students will discover the definition, goals, and characteristics of financial planning in this article. One of the key planning exercises that the management must perform is financial planning. All of the tasks connected to raising money, investing it, and calculating the projected return on the investment are included in financial planning. Tax preparation is a crucial activity that falls under the umbrella of financial planning. A firm must have this planning in place in order to operate, thus we have started a debate on the subject of "financial planning" that will be looked at in more detail. This is to be referred to for a conceptualised study because of the broad extent of the topic. Definition and Meaning ...