Financial Plan review help

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sananns asked 6 years ago

I am 45, have a family of 3 additional dependents (5 & 1 year old children and house wife). My current portfolio looks like this. ------------------------------------------------------ - Equity Stocks: 5 Lakhs - MF's: 18 Lakhs - FD: 9 Lakhs (contingency / emergency fund) - Gold: 10 Lakhs - PPF: Around 13 lakhs - EPF: Around 30 lakhs - NO Loans. ------------------------------------------------------ Seeking expert opinion on the financial heal for the age group.

2 Answers

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Sreekanth Staff answered 6 years ago

Hi, May I know if you have adequate Life (for self) and Health Insurance cover (for self & family) ?

sananns replied 6 years ago

Thank you Sreekanth.

I have 2 Cr term insurance for myself and a corporate health insurance cover.

I am yet to take personal life insurance cover.

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Sreekanth Staff answered 6 years ago

Hi, Kindly do not depend entirely on Company provided health cover. Suggest you to take a Family floater plan and a Super top up health insurance plans at the earliest. Related articles :

Continue your investments in EPF and PPF. Maintain a right asset allocation between Equity : Debt. Calculate how much you would like to accumulate for Kids' education and your retirement goals. Review your current situation and then plan for future investments in right products. Kindly read: