Services

Life Insurance

In this unpredictable life, life insurance acts as the dependable financial product that pays you or your dependants a sum of money either after a pre-decided time or upon your death as the case may be. Life Insurance may be typically defined as a contract between the policyholder and the insurance company, where the insurance provider pays a specific sum to the insured individual’s family upon his or her death. The life insurance sum is paid as an amount in exchange for a defined premium.

With uncertainties in life, there is only so much one can do to make sure life goes on even if we do not, by securing the life of those we leave behind.

Significance of a Life Insurance policy:

A Life Insurance policy is a document that promises “peace of mind” for a precarious future life. An adequate amount of life insurance provides security to our mind by silencing doubts such as:

  • Who will financially support my loved ones after I die?
  • How will I provide for my family in case I lose my job due to an accident?
  • How do I ensure that I am able to support my child’s higher education dreams?
  • How do I ensure a livelihood after my retirement?
Benefits of having a Life Insurance:
Plan and fulfil life goals
Prepare for a post-retirement life
Take a loan
Safeguard your child’s future
Provide for your family
Provide tax rebate

Health Insurance

In our daily lives, whether active or sedentary, there is always a possibility of unexpected illness that might call for expensive treatments. You or your near one may be at the mercy of a chronic condition which might demand long-term care. Fortunately, health insurance can ensure that undergoing long term treatment does not throw your family into dire financial concerns. With a small amount of premium paid to the insurer, you can gain a comprehensive health insurance plan. This will protect your savings from unexpected jolts for medical treatments. Health insurance can be envisioned as a safety net which covers medical and surgical expenses of the individual insured. It provides interim relief in times of stress by aiding in payment of the expenses incurred due to illness or injury or may even pay for the care provider of the insured individual.

Significance of a Health Insurance policy:
  • Inflation in medical aid or Medicare is always on an uphill. It is in fact known to be higher even than inflation in food, which continues to be in single digits, medical care costs escalate in double digits. Medical trend rate, i.e. the increase in per-person cost due to medical inflation. In India itself, this rate is expected to rise at double the inflation rate. The forecasted medical trend rate will be 10% in India, while inflation will be at 5%~. Cancer and diseases of the circulatory system remain the top two highest claims reported by most insurers, followed by gastrointestinal diseases and respiratory conditions. With a fixed benefit health insurance cover, you can effectively fight critical illnesses like cancer and conditions related to the heart.
  • Medical check-ups, doctor fees, and medicines can account for a higher chunk than the actual hospitalisation expenses. Separately, there are diagnostic tests, post-operative care such as having a medical attendant at home, which also cost a lot. Add up all, to understand why medical treatment seems so expensive. Health insurance plans offer coverage for several types of ailments and surgeries. They also cover other aspects of medical treatment.
  • For an unsuspecting individual who may not have saved that much money, arranging for funds at the last minute can be difficult. This is particularly daunting for our elders, since various maladies strike at an advanced age. Almost 44% of India’s population is not covered by health insurance. In such situations, people dip into their savings or take loans or sell assets to fund treatments.
  • A Health insurance policy is a response to providing a fool-proof plan to any health-related emergencies. It offers considerable cover for various diseases / ailments. A few health insurance plans may cover up to 30 critical illnesses and over 80 surgical procedures. The insurance plan disburses the payment towards surgery/illness irrespective of the actual medical expenses. The policy continues even after the benefit payment on selected illnesses.
  • Health insurance assures a more secure future, health-wise and money-wise. This makes health insurance policies critical for individuals, especially if they are responsible for the financial well-being of the family.
Benefits of having a Health Insurance:
Money given upfront without medical bills
Treatment at a facility of your choice.
High cover at competitive cost
Tax benefits

General Insurance

Along with self and others, we hold dear a few assets such as vehicles, home, jewellery, etc. General insurance is the insurance of assets, financial assets included. In the event of any contingency, covered under the insurance plan occurs, any financial economic loss is covered under such general insurance policies.

Significance of a General Insurance policy:
  • A general insurance policy covers financial losses and compensates you for the losses that you suffer and therefore provides you a financial security even in the case of contingencies
  • A few general insurance plans such as the motor insurance plans are mandatory as per the Motor Vehicles Act, 1988. If you are travelling to Schengen countries, you may take a valid travel insurance, but an overseas health insurance plan is mandatory.
  • A few general insurance plans allow you tax benefits with a deduction under Section 80D.

Financial Planning

Along other key resources, financial capital holds one of the most important positions. With accurate estimation and deliberate planning, one can make the most of it and reach the strategic goal of any individual or organisation. It can be achieved by budgeting your requirements and investing in the right asset. With the help of the right financial planner, such as us, we can guide you to make the optimum application of your capital to ensure high returns.

The key steps for this are:
Identify goal
Gather and analyse data
Design a plan
Execute plan
Monitor plan for unexpected ups and downs
Significance of financial planning:
  • Always ensures accurate funds are available
  • Maintains an effective balance between outflow and inflow of funds thereby maintaining stability.
  • Helps paint the right picture for possible investors.
  • Helps to devise sustainable future growth and expansion plans for the organisation.
  • Provides a buffer for unplanned exigencies with regards to changing market trends with help of enough funds.
  • Maintains stability and profitability of the organisation.

Disbursement of Motor Loan

Are you often stuck at a car dealership with limited financing options? With rising prices of cars and fuel, the right loans are often the most important part of the decision-making process. Not all the banks that the showrooms have a tie up with may be the one that you are comfortable with. A phone call away, Rising Finsure shall bring you the loan options with the bank you are at utmost ease with. What’s more? Our motive is to not only get the right bank loan for you, based on your requirements, but to also help you out in the paperwork, so that you can sit back and relax and enjoy the car purchase without having to go through the gruelling process of the boring nitty gritty of formalities.

Our team is well equipped and shall efficiently bring to you the possible bank loan options and help you set sail on your trip. With an eye for detail and a keen sense of analytics, our team shall work to bring that smile on your face reflecting the joy every car owner must have, without having to go through an otherwise tiresome experience.

Buying and Selling of New and Used Car

Traveling has moved from Public transport to private vehicles at a rate unprecedented. From local train rush hours to traffic delayed busses, people now want to move into a zone of comfort and convenience of time. Why not use this opportunity to get your first shining automobile? At Rising Finsure, we help you buy the car of your dreams, with style, comfort and a vehicle that is just for you. But if you are looking to change your previous car, worry not! As we can help sell the old one and slide into the new, in no time.

Our goal is to bring to you your signature style vehicle to mobilize your daily life, by providing you with the opportunity to learn which brand and which kind of car shall be the right one for you. Whether cars have been your childhood passion, or you have recently received your driver’s license, we shall provide you with the right advice and recommendations for the car that suits your needs. Why should you have to visit multiple dealerships and outlets when we can provide you with all your choices at one stop?

We will also guide you through to get the best price for your car, whatever the mileage or whatever the age. You need not have to interact with different buyers, especially when we can do all that for you and provide a hassle-free service. From selection or selling to paperwork of it all, we will be there for you to make it a seamless experience. Efficiency and customer satisfaction are our top priority.