Olive" all Insurance service

04/01/2018

Olive Insurance & Investments.

01/01/2018

Happy new year 2018. From
"Olive" All insurance services.
Cell-9985940404/9959579311

01/01/2018

Financial planning for your good life.

*Thumb Rule of Financial planning.*

1. 30 % of your income must be used for *monthly living expenses.*

2. 30% of your income must be used for *Liabilities repayments*, if any..

3. 30% of your income must be *SAVED* and *INVESTED* for your future LIVING.

4. 10% of your income must be spared for *entertainments, vacations*

5. 6 months expenses must be available for *emergency fund* (should be invested in LIQUID FUND, FD Etc)

6. *Home loan* must be registered and apply on both *husband and wife name.* (Both can get benefits on Home loan Tax benefits)

7. Buying *second house for investment is not advisable* ( _Survey reports - it will fetch you only around 3% return_)

8. After 45 years of age, *not supposed to enter into any BIG LIABILITIES* (Higher education of children and wedding of children will happen around 45 to 50 only, so plan now for the same.)

9. Have joint account @ Bank savings account.

10. Property must be *registered on both Husband and wife name*. (As per legal act – after husband first legal heir is wife, after wife it will go to children only)

11. Regular check on *Nominations at all financial instruments.* if not nominated, do it now..

12. Only in insurance policy, Claims payable to Nominee. In other financial instruments legal heirs certificate is must to get back the settlement

13. Must have *Term Insurance* to financially secure future of your dependants..

14. *Don’t take any financial investment decisions EMOTIONALLY*, and also Avoid last minute tax saving investment decisions, plan well in advance..

15. *MEDICLAIM is must* (in spite of Group mediclaim coverage given at office) (After retirement there is no mediclaim coverage, after 50-55 years of age, it's very tough and costly to enter into mediclaim)

16. For your *jewelry LOCKER*, Only one lakh is payable by bank, if theft or fire happen at bank. Provided insurance done.

17. Like same way *Government guaranteed only one lakh for your FD* also. (Fixed deposits with Banks upto Rs. 1 lakh only are backed by deposit insurance)

18. Must know all *Tax implications.* You cannot avoid paying tax. But you can minimize by way of tax planning and investments..

19. All *financial documents must be kept safely* and keep family members informed of the same..

20. *Financial investments* must be followed through *personal financial advisor..*

21. *Review your portfolio at every six months..*

These are general suggestions, personal Finance and investment decisions depends upon case to case_

*Have a Healthy and Wealthy Financial Year 2017-2018.....*
Yours
ASHOK REDDY
Financial Advisor
"Olive" All insurance services.
Cell-9985940404/9959579311.

31/12/2017

From
"Olive" All insurance services.
Cell-9985940404/9959579311.

23/10/2017

Olive for all your insurance needs. For more call:9959579311/9985940404.

06/09/2017

05/09/2017

Plan your future with best guidance @ "Olive" all Insurance Service
9959579311, 9985940404

05/09/2017

Proud to secure your family @ "Olive all Insurance service"
9959579311, 9985940404

05/09/2017

HAPPY TEACHERS DAY
ALL INSURANCE SERVICE

01/09/2017

Honour to be an LIC Agent,
CONGRATULATION for celebration 61year successful year with high successful rate
Happy Formation day lic.

Contact "OLIVE" ALL INSURANCE SERVICE for All lic polices
9959579311, 9985940404