INSURANCE AND WEALTH MANAGEMENT

“Insure Today.
Secure Tomorrow. Multiply Forever.”

Key Features Of This Book

Risk Coverage:-Gives financial protection against unforeseen events such as accidents, illnesses, loss, or damage.

Premium Payment:-Policyholders pay a fixed premium to the insurance company to obtain coverage.

Policy Term:-The cover is valid for a limited period, stated in the policy.

Claim Settlement:-In the event of an insured event, the insurer pays the policyholder or nominee.

Utmost Good Faith:-Both the insurer and insured are required to disclose all the information that is material to the contract honestly.

Insurable Interest:-The insured needs to have an economic interest in the subject of the insurance.

Indemnity Principle (For general insurance):-The insured is paid back to put him in the same financial position—no gain, only reimbursement.

Beneficiary Nomination:-The policyholder, in life insurance, can nominate a person to receive the claim amount.

Tax Benefits:-The premiums paid are usually tax deductible (e.g., under Section 80C or 80D in India).

Contractual Agreement:-Insurance is a legally enforceable contract between insurer and insured.

Variety of Plans:-Comprises life, health, motor, travel, property, and others—suited to individual needs.

Savings & Investment Element (in Life Insurance):-Certain plans also assist in wealth generation through returns

About The Author

Money Mindset Vikkas is on a mission to help entrepreneurs and professionals multiply their wealth—faster and smarter—using proven systems, personalized strategies, and powerful mindset shifts.

I’m the author of Mindset to Millions, a transformative book that bridges the gap between desire and abundance. It's not just about making money—it’s about becoming the kind of person who attracts, multiplies, and sustains wealth with ease and purpose.

Mr. Vikkas Arora

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor
incididunt ut labore et dolore magna aliqua. Ut enim ad minim.