AMFI Registered Mutual Fund Distributor
IRDA Certified Life and General Insurance Advisor
Certified Wealth Manager | Certified Financial Planner
NISM Certified Portfolio Manager
AMFI Registered Mutual Fund Distributor
IRDA Certified Life and General Insurance Advisor
Certified Wealth Manager | Certified Financial Planner
NISM Certified Portfolio Manager
Brief overview of the risks associated with life and general insurance:
Life Insurance: Life insurance is risk cover NOT an Investment. Life insurance primarily covers the risk of the policyholder. The main types of life insurance include term life, whole life, and universal life insurance. The key risks considered in life insurance are Mortality Risk, longevity Risk & Health Risk.
General Insurance: General Insurance covers a wide range of risks other than life, such as health, property, and liability.
The main types include health insurance, auto insurance, home insurance, and travel insurance. The key risks in general insurance are Property risk, liability risk, health risk & catastrophic risk.
Both types of insurance aim to provide financial protection against unforeseen events, but they focus on different aspects of risk.
Objective of risk & insurance planning to identify risk coverage required to protect the life and assets and in case of any loss there is an adequate risk cover is available to safeguard the interest by applying correct methods and coverage.
CP Wealth & Financial Services is a venture by its founder and promoter CP Joshi, a Certified Financial Planner, Chartered Wealth Manager, and a professionally qualified expert in Finance, Legal, and Company Secretary ship.He held senior positions in prominent corporations such as Larsen & Toubro Ltd, Hyundai Motors India Ltd, ANZ Grindlays Bank, Bharti Airtel, and my last assignment was as Senior Vice President at Vodafone India Ltd.
A-301, Kenwood Tower,
Charmwood Village, Suraj Kund Road,
Faridabad-121009
