Why Us?
Risk Management is a keyword today and is part of every aspect of life – be it corporate strategies, lending, treasury management, wealth management, etc. Managing Risks, especially financial risk for an individual (under the Wealth Management umbrella) is of utmost importance which is done through Insurance.
This process involves identification of the risk attached to one’s life, defining long term solutions to curtail or reduce such risk and managing them through tools like insurance.At MOSL, we focus on identifying your needs and then matching them with the right products that perfectly fit your needs.The exercise of analysing risk and objectives is done in a very scientific way using an in-house comprehensive tool called ‘Life Profiler’.It’s a very convenient application and it only requires one to fill in important details in a two-pager form and it brings out a holistic picture of your financial requirements in future for every objective selected.
Feature of ‘Life Profiler’
· Helps you in deciding your main and important objectives and prioritising them.
· Arrives at accumulated amounts required to achieve objectives in future depending on your earnings and cashflows
· Analysing your current financial position/investments verses actually required to achieve your goals
· It computes the amount of investments required to be done and in what pattern to achieve your goals
· Selection of appropriate Insurance plans to match your profile and requirements
A person of age 35, with current annual expenditure of Rs. 30 Lakhs per annum would require:
|
For. . . |
Expenses After 20 Years |
Total Fund Required |
Approx Investment Required |
|
Retirement |
79.59 L |
14.57 Cr |
24.03 L per annum |
|
Securing Life Of Dependants In Case Of Unfortunate Event |
|
7.87 Cr |
3 L per annum |