Why Should I Hire a Financial Planner for Fixed Deposits and Bonds?

  • Comprehensive Coverage Assessment: A financial planner helps identify the right mix of life, health, term, and general insurance based on your unique needs and liabilities.

 

  • Avoid Underinsurance or Overinsurance: They ensure you’re not paying for unnecessary coverage or leaving yourself exposed to risk due to inadequate protection.

 

  • Integration with Financial Goals: Insurance is not just about protection—it’s a financial tool. A planner aligns your insurance portfolio with your goals like retirement, child education, and wealth transfer.

 

  • Tax Efficiency: They help you take advantage of applicable Section 80C, 80D, and 10(10D) benefits while ensuring your insurance fits your tax-saving strategy.

 

  • Claim Support & Policy Review: A planner not only assists in selecting policies but also helps with ongoing reviews and claim settlement support when needed.

Frequently Asked Questions

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How is a financial planner different from an insurance agent?

A financial planner focuses on your overall financial well-being and recommends insurance as a part of a larger financial strategy, rather than selling products for commission.

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How much life insurance coverage do I really need?

A financial planner calculates this based on your income, liabilities, dependents, and long-term goals rather than just a rule of thumb.

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Will my insurance portfolio be reviewed regularly?

Absolutely. A good financial planner reviews your policies annually to adapt to changes in your life—like marriage, kids, or career shifts—and ensures continued relevance.

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Can a financial planner help me choose between term, endowment, and ULIP plans?

Yes. A planner will evaluate your goals and suggest the right type of plan—be it pure protection (term) or investment-linked (ULIP)—based on cost, coverage, and purpose.

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Do financial planners help with health and general insurance too?

Yes. They evaluate options for health, motor, home, travel, and personal accident insurance, ensuring coverage is aligned with your lifestyle and risk profile.

Get STarted With A Free Consultation

From risk protection, health planning, tax optimization, to legacy and wealth transfer strategies, we offer bespoke insurance solutions tailored to your life goals and family’s security.