CA Services
Insurance Solutions
Insurance is the lifeline of a family — and a financial tool for reaching goals, not a product bought once and forgotten.
Overview
What this covers
Sarvam Associates provides an insurance advisory service that works through a systematic analysis of your future needs, so cover is sized against what you are actually protecting rather than what happens to be on sale.
Because we also handle your tax and, where relevant, your investments, protection gets reviewed as part of the same picture instead of as a separate purchase.
In detail
How we work on it
Life insurance
A contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries when the insured dies, in exchange for premiums paid by the policyholder.
Term insurance
A life policy providing cover for a specified term of years. If the insured dies during that period and the policy is in force, the death benefit is paid.
Term cover is initially far less expensive than permanent life insurance. Unlike most permanent policies it has no cash value — the guaranteed death benefit is the whole of what it offers, which is precisely why it buys so much cover per rupee.
Health insurance
Cover that typically pays for medical, surgical, prescription drug and sometimes dental expenses. It can reimburse the insured for costs arising from illness or injury, or pay the care provider directly.
The cost of health insurance premiums is deductible to the payer, and benefits received are tax-free, with certain exceptions — one of the places where the tax and protection conversations genuinely overlap.
General insurance
Non-life policies, including motor and homeowners cover, which pay out according to the loss from a particular event.
General insurance protects the things you value — your home, your vehicle, your valuables — from the financial impact of risks large and small: fire, flood, storm and earthquake, theft, road accidents, travel mishaps, and the cost of legal action against you. Which of those risks you cover is a choice, made by choosing the policy and the features to match.
Who it's for
You'll get the most out of this if…
- Families with dependants, or a single income supporting several people
- Anyone carrying a home loan or other long-dated liability
- Business owners with keyman, premises or liability exposure
- Households reviewing health cover after a claim or a diagnosis
- Investors whose portfolio has grown faster than their protection
Important information
Insurance is the subject matter of solicitation. Please read the sales brochure and policy wording carefully for details on benefits, exclusions, limitations, terms and conditions before concluding a sale.
Also from the practice
The rest of what we do
Direct Tax Consulting
Income tax planning, return filing, assessments and representation for individuals and businesses.
GST & Indirect Taxation
Registration, monthly and annual returns, reconciliation and advisory on indirect tax.
Audit & Assurance
Statutory, internal, management, due diligence and tax audit for businesses and professional practices.
Next step
Let's look at your actual situation.
Fifteen minutes on a call, no obligation. Bring the notice, the spreadsheet or the question you've been putting off.
Important information
Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.
Sarvam Associates is a distribution partner, not the manufacturer of these products.
The content on this website is for general information only and does not constitute investment advice or a recommendation to buy or sell any product. Product suitability depends on your individual circumstances. Please speak with an advisor before investing.