Are you aware of the documentation which would help at the age of 25? Here are some discussed below,
• You may have already been covered under your mom’s or dad’s family insurance. If not, our government of India has recently launched the ‘Pradhan Mantri Suraksha BimaYojana'(Accidental) & ‘Pradhan Mantri Jeevan JyothiBimaYojana'(Life)which is a general insurance plan in which you can get one for a merge sum. Ensuring the safety of your valued asset is your utmost concern.
• A general insurance policy in India also includes Motor insurance, Health insurance, Travel insurance, and Home insurance. Where you can get the benefit as necessary.
• PPF, the Public Provident Fund is a savings-cum-tax saving instrument in India, introduced by the National Saving Institute of the ministry of finance which mobilizes small savings by offering an investment with reasonable returns combined with income tax benefits. One bank account for regular expenses makes it a zero balance account so this is a smart way that helps you to save for your future.
• RD-Recurring Deposit. This emphasis the habit of saving monthly but the minimum time period to open an RD is 6 months making it more flexible. This also serves a similar purpose like PPF.
• A Passport is not only a travel document it certifies the identity and nationality of its holder. A Passport is often requested in other circumstances to confirm identification such as checking in to a hotel or when changing money to local currency. It’s extremely easy and hassle-free these days.
• Other from these documentations make sure you have official documents like Driving license, PAN Card, Voter ID, Aadhar Card which are the basic documentation that helps you out at any situation.
Ensuring the safety of your valued asset is your utmost concern. Assent can be anything that can be safeguarded in somewhere or other. By concerning your life as an asset General Insurance of India has a much general insurance plan through which you could get the benefit. Thus, a good documentation trail and good content will help you down the road with unexpected liability.
samuelcharless 