Plan your finances right before you plan to help others

Part of being a person is about helping others. Caring for the less fortunate people and helping them is a noble endeavour. At some point, we’ve all thought of donating to causes we care about. There are several reasons why you might want to give to charity. It could be for your emotional well-being or to help the underprivileged. While some of us plan to help the poor by providing them with essentials such as food, old belongings, or free education. Some take the route of raising funds and helping the less privileged by providing financial assistance. No matter how you wish to help the poor, it is the intent that counts.

Helping others, be it monetarily or by providing the essentials requires your time and funds. While it is commendable that you wish to help the needy, this social journey you wish to undertake might be tough if you have not planned your finances. Hence, if you plan to donate/help meaningfully for the long term, you need to plan for it.

HDFC Life Sanchay Fixed Maturity Plan helps you safeguard yourself and your loved ones with guaranteed* lump sum benefits. Under this plan, you can choose life cover on a single-life or joint-life basis, and select the premium frequency option as per your convenience. It ensures that you get enhanced maturity benefits for higher premiums. It provides guaranteed returns in the form of a lump sum benefit that allows you to make flexible decisions. The plan comes with additional riders offered that include accidental disability rider and critical illness plus rider. Under critical illness plus rider, you get a lump sum amount equal to the sum assured if you are diagnosed with a critical illness. In case of any unfortunate event such as disability due to an accident, you get the income benefits over and above the sum assured. The HDFC Life Sanchay Fixed Maturity Plan’s guaranteed returns allow you to help the less fortunate around you who need your support.

HDFC Life’s Behind The Journey series celebrates the journey of changemakers with extraordinary stories and shows how financial planning helped them. Dr. Issa Fathima Jasmine is one of the changemakers whose dream is to ensure that the poor don’t go to bed hungry. She is the founder of The Public Foundation which helps connect the community through food. Her foundation has served over 75,000 families to date. The foundation aims to eradicate hunger by bridging the gap between food wastage and hungry people through community fridges. You can also follow in her footsteps and help the underprivileged by adding it to your financial goals and saving enough money to donate to the causes you care about.

* Provided all due premiums have been paid and the policy is in force.

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