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Insurance Needs of Young & Single

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Insurance Needs of Young & Single
February 05, 2023
You are single, energetic, in your twenties and have just kick-started your career. With the newly acquired financial independence, most of you feel more inclined to shop, travel and enjoy life. However, it is important to note that this is also the best time to take higher risks as there are least financial responsibilities.

Your Insurance Needs

  1. Saving for future expenses
    Whether for making a down-payment for your home or for your marriage, you need a savings plan to build a corpus for your future needs.
  2. Tax Planning
    Now that you are earning, you wouldn't want your hard earned money to just flow out of your hands. Tax planning is an important aspect of financial planning and you should draw the maximum tax benefits that investment products offer.
  3. Securing your parent's health
    Given their age, your parents would be vulnerable to ill health and therefore you need to plan for their medical needs as well.

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Francis Rodrigues Francis Rodrigues

Francis Rodrigues has a decade long experience in the insurance sector, and as SVP, E-Commerce and Digital Marketing, HDFC Life, manages the online sales channel, as well as digital and performance marketing. He has had hands-on experience in setting up sales channels and functional teams from scratch over a career spanning 2 decades.

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Vishal Subharwal Vishal Subharwal

Vishal Subharwal heads the Strategy, Marketing, E-Commerce, Digital Business & Sustainability initiatives at HDFC Life. He is responsible for crafting and ensuring successful implementation of the overall organisation strategy.

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