No shortcuts in 2016

“Every time you set goals but never achieve it,” said my father while having a supper. “It’s not like that dad, I start it but then I leave it midway and don’t give time to it “ “Nothing new, well that’s the same story every year my son” I nodded off with a wry smile.

I made a resolution to stay fit in 2015 but I couldn’t stay on my goal and left mid-way.  Some may click and some don’t but that’s not the end of life. I know success goes to those that refuse to give up. Initially, I had a clear mind that I am going to stick to my goal and reach in the next 12 months, but then it did not happen as I thought to be. I use to go one day and next day will take a break and do some other thing and that how I went to 15 sessions instead of 30 session in a month. One thing I learnt is there is no elevator to success; you have to take the stairs.  “Nothing that’s worthwhile is ever easy, remember that”, told my father. Yes I, completely agree with you there is no magic pill it’s only hardwork, dedication and consistency.

My father’s advice made me realize that I need to stick to my goal and work hard to achieve my target and not leave it halfway.  Those words touched my heart and I told myself No shortcuts in2016: The beginning is always the hardest.   My plan to stay fit is I have made 2 smaller goals to achieve it. One  eat healthy and other exercise regularly. Don’t miss the workout session and have meals thrice a day. This will help me to stay fit and healthy.

For 2016 resolution my plans are up and I am firm to achieve my goals in a smarter way that make me feel good and be fit and have a healthy lifestyle.  Similar to my thinking, Exide Life Insurance talks about  no shortcuts in life. The message in the video is very clear you don’t have to be like jugaadulal and do jugaad in every phase of your life #NoMoreShortCuts  but think in a smart way and make plans for your future. To make plan and achieve your long-term financial goals, Exide Life Insurance has got good options in terms of protection plans, Investment and savings plans also Retirement plans. It’s one-stop place for all your financial plans.  Now with Exide Life Insurance by my side, My future is secured.

Click to know more about the Investment plans and Retirement goals   http://www.exidelife.in/

 

Product Review : Edelweiss Tokio Life-MyLife+

http://www.edelweisstokio.in/

One Saturday I was returning home after a religious function.In Mid-way, I saw a young guy in 30’s met with an accident, writhing in pain, lying down motionless. Had he got treatment during golden hour, he would have been alive. My mind could not stop thinking about the incident. It was rolling over my eyes.What’s the value of Life after all we work and earn so much  and eventually die. Who’s going take care of my family, children’s?  I spoke to my father about it. He told me Death is certain, one day everyone has to die so why not mitigate the risk and cover your life with an Insurance that supports your family.

I came across Edelweiss Life-MyLife+ Is an online term plan that covers one’s life and provides security to the family. It is being offered exclusively online and hence one can choose to protect the family from the comfort of one’s home.

http://www.edelweisstokio.in

Important features of Edelweiss

1. Choose life cover up to the age of 80 years so that your family has protection over a longer period.
2. Multiple payout option: Lump sum or monthly or combination of both, it becomes easier for your family to manage the benefited amount.
3. It gives you  enhanced protection through an  addition of Accidental Total and Permanent Disability Rider and Accidental Death Benefit Rider.
4. Minimum assured sum INR 25,00,000 and maximum sum assured have no limits subjected to underwriting.
5. You can avail tax assistance under Section 80C and Section 10 (10D) of Income Tax Act, 1961. Tax assistance is subject to change in the tax laws. It is a tax-free investment.

This policy offers discounts for women, as well as on choosing a high sum assured. For women up to 21 years of age, the premium rate will be that of an 18-year-old male. A lower premium rate for female lives.The policy is available only from 18 years of age. Subsequently, the premium rate for women will be that of a male three years younger. Premium discounts are available if you choose a sum assured above Rs.25 lakhs

My take: – MyLife+ is one of the cost-effective plans available in the market and in fact it allows you customization is a plus point. Option for periodic income is recommended considering the beneficiary may not be able to put the lump sum payment to good use immediately. Also, it allows the policyholder to break up the sum assured into lump sum payments and monthly payments in any way desired.

Getting a Car insurance in Coimbatore

Source- http://www.ssente.com

As usual I left my home on Friday (TGIF- Thank God its Friday) last day of the weekend, I was elated I am gonna enjoy my weekend with friends. In the evening I got a call from my boss, he was livid with one senior guy, had a long discussion and I sneaked in the cabin. His tone was unusual and told me “you need to shift to Coimbatore for 6 months” As I heard those lines, my brain got exploded like a bomb. I was expecting a hike and he gave me “South” hike. lol. (Just joking).

Well, you never know what’s in store for you so I packed my bags and left for South. I heard about Coimbatore is known as the “Manchester of South India” due to its extensive textile industry. I can feel the heat now. My office place was far way from my home. Daily commuting from public transport was a big headache for me. I shifted to my Uncle’s place as he stayed near to my office.I was excited to see his new car as well. He brought new Elite I20. Well, he did not have any idea about other formalities, documents, so I looked up for car insurance in Coimbatore and I compared with other companies and got insured car in a week’s time. Buying insurance is an expensive affair but when trouble strikes your finances will be protected. You just mitigate the risk.  I researched online and also visited quite few insurance companies office to know about their plans.

There are basically two kinds of Motor Vehicle Insurance:

• Motor Policy A (Third Party Risk) the ‘Act Only Policy’ covers third party damages up to Rs 6000/- only. Risk from fire and theft requires an additional premium
• Motor Policy B (Comprehensive Insurance Policy) protects you from the following eventualities:
  1. Damage due to man-made or natural calamities: Natural calamities include fire, floods, hurricanes, landslides, cyclones or earthquakes. Man-made calamities include theft, riots, strikes, malicious acts of vandalism or damage occurring in transit via road, rail, waterways or air
  2. Personal accident cover: In the event of an accident, it is important that you have personal accident coverage. You may also opt for a personal accident cover for passengers travelling with you, just to be on the safe side
  3. Third party legal liability: This would cover you for legal liabilities that result in permanent injury/death or damage to property, in the event of a mishap

Source- http://www.carinsurance.autocarshd.com

The insurance policy is valid for a period of one year. If you do not make a claim during the policy period, you are eligible for a discount, which is adjusted against the renewal premium. In case your policy expires, you can still avail the no claim bonus if you renew the policy within 90 days of its expiry

 

 

 

 

 

 

Source- http://www.redbus2us.com

To submit the claim you need to provide following documents to the insurance company:

1. Vehicle Insurance Policy
2. Original and a copy of the registration book
3. Original and a copy of the driving license
4. FIR in case of an accident involving third party injury or damage
5. Claim form and the estimated cost of repairs from your workshop

Once the above-mentioned documents are submitted, the insurance company will inspect the damaged vehicle and authenticate the estimated cost of repairs. Once the surveyor has completed the inspection, the car can be repaired.

 

 

 

Also Keep in mind important points carefully while ensuring car insurance: –

1. Fill up the proposal form yourself, answering all the questions correctly and sign it. This plays a vital role in deciding the premium and the admissibility of the claim. Incomplete or incorrect information may result in denying the claim to you. Therefore, never leave it to any other person to fill it up.
2. Ensure that your and vehicle details are correctly recorded in the policy schedule. Make sure that every digit of vehicle registration number, engine and chassis numbers etc. are fully and correctly entered. Any error should be immediately got corrected as otherwise it would create trouble at the time of claim.
3. In case of any material change you should inform us immediately so that it can be corrected by the way of endorsement
4. Read policy terms, conditions, particularly the exclusions etc. very carefully. They are important from claim point of view.Remember, registration and insurance of the vehicle should always be in the same name with same address. Otherwise, the claim is not payable.

My Uncle thanked me for helping him out in buying car insurance in Coimbatore I told him don’t forget to renew insurance. As renewing is hassle free and just pay the premium on time. He gave me a delicious treat at Le Meridian hotel. We enjoyed the car ride and had best time together.