Finmission's Class

TOTAL PROTECTION/INSURANCE - AT THE HEART OF YOUR WEALTH PLANNING      Life has become uncertain in the current environment. The past few years have made us see the uncertainty surrounding our life and health, in addition to many other challenges. This would have come as a surprise for many but now this is the well-accepted reality of life. Our financial planning is incomplete unless we provide protection against these uncertainties of life. Today, insurance has become a critical element of your financial planning. Generally, there are three critical elements at the heart of any financial planning - Wealth Creation  - Investment & portfolio planning for financial well-being and meeting life goals. Wealth Transfer  - Management and transfer of wealth to the next generation. Wealth Protection  - Ensuring your wealth does not erode due to any uncertainty, through insurance. First of all let's understand what is insurance?      Simply put, insurance is a n arrangement by which an

Hi Finmissioner's💪.... Warm Greetings👍 Credit! This term in India has quite an image in the financial world. A lot has progressed over the years in terms of credit. From the entire process to various products, there has been quite a shift. Before taking credit was not considered a good thing, it used to reflect a financial imbalance. However, these days, it may have become unavoidable. But have you ever wondered, how is your creditworthiness judged? How do financial institutions decide if credit should at all be given to you or not? A credit score is your new standard in the financial world. Simply put, it is a measure of an individual's ability to pay back the borrowed amount. It is the numerical representation of their creditworthiness. Credit scores are calculated by the credit bureaus in the country after taking into consideration several factors like the length of your credit history, repayment records, credit inquiries, and so on. Just understand that every financial ac