Women also need insurance

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There is increasing number of families with both wife and husband earning making insurance and tax saving mandatory for both them.  Especially, earning women should be careful about income tax and should utilize all sources of tax saving.

When you earn more than the limit prescribed by the income tax department, you have to pay tax.  So, not only men but women also have to have tax plan.  Consider your age, income and personal and family goals to chalk out the tax plan.  Most women think of tax savings only during February and March.  One has to submit the receipts of tax saving investments to the owners.  If working women plan this, there is no need to run helter shelter at the last moment.

Along with savings..

When there are two working people in the family, most insurance policies are taken in the name of the husband and many are of the opinion that women don’t need life insurance.  But, since both are the earners of the family and it is always a loss if something happens to any one.  So, women also should have life as well as health insurance.  Women tend to give least importance to their health and this needs to change.  If something happens and with increasing hospital expenses, health insurance along with critical care insurance are a must to save the blushes.  There is also scope for savings through investment in insurance policies to gather money for future expenses, children education, and funds needed after retirement.