Three important plans

In today's fastest life everyone needs to go with proper planning and if it cannot go with proper planning then it cannot withstand the rising inflation with time, here are three important plans through which one can do his proper planning.

1) HTP: - HEALTH INSAURANCE PLAN

Now a days a person saves as much as he likes but if only one medical problem comes then his savings are wasted. So to save these savings, it is time for a person to take out family health insurance. If you look at the general calculation, if a person continues family health insurance for 20 years, if the average annual premium is 15,000 then person pay 3 lakh premium in 20 years but the company will pay 3 lakh for health care every year.

2) TIP: - TERM INSURANCE PLAN

Today, in the 21st century, everyone's life has become hectic, In addition, the person is found to be suffering from mental distress due to lack of work in job or business, also the number of death in small age increases with time. If a married person dies at a young age, his child may stop studying. So at this time a term plan becomes very necessary at a young age, which should normally be 10 times the annual income of a person. For example, a person with an annual income of Rs 5 lakh has to have life insurance of Rs 50 lakh.

3) SIP: - SYSTEMETIC INVESTMENT PLAN

The third requirement of a person after getting health insurance and life insurance should be investment plan, in which if a person starts investing from an early age keeping in view his future goals, then he can fulfill his big and small goals on time, goals like Child study, buying a house, children marriage, own return etc. A SIP is a plan in which an individual invests a fixed amount each month, who are able to accomplish their goals over time.