👉 Don’t forget to join the Mentoring Family here: bit.ly/2KUXBnq
⚠️⚠️⚠️ If want to learn how to excel in the financial planning industry, SUBSCRIBE TO THE CHANNEL! Don't forget to LIKE and SHARE the video if you enjoyed it! 💯
“How Much Critical Illness or Income Protection Should I Buy, Sanjay?” 🤔
The general rule of thumb is 5 TO 7 TIMES of your ANNUAL INCOME is the AMOUNT of Critical Illness or Income Protection you should buy. And the reason is if you do fall sick, it usually takes you between 5 to 7 years to come back to work EFFECTIVELY.
Now Critical Illness has always been mistaken as Medical Insurance. Please understand that they are two DIFFERENT products.
✔ Critical Illness Insurance or Income Protection Insurance protects your income in the event you fall sick.
✔ However, Medical Insurance makes sure that we can take care of your hospital bills, your doctor's fees, your medicines, etc.
So please do not confuse the two. They are 2 different products, critical illness or income protection is a product that starts to pay you a fixed income when you fall sick. So if you do fall sick they would give you 5 to 7 years of your annual income to be able to recover from that illness so that your life expectancy increases.
If you have any related questions, do leave it in the comment section below. I would love to answer them for you. =)
⭐ Follow Dr. Sanjay Tolani ⭐
Facebook - / sanjay.financiala. .
Instagram - / srtolani
LinkedIn - / sanjaytolani
🎖 Who is Dr Sanjay Tolani? 🎖
Dr. Sanjay Tolani, became the “youngest member” at the age of 19 and the “youngest life member” at the Age of 28 to the Million Dollar Round Table (MDRT). He also has 13 Top of the Table Qualifications (TOT), which is considered the pinnacle of the financial services profession. To top things off, he is also the youngest Managing Director of an insurance brokerage in the Middle East.
📕 Get A Copy Of Dr. Sanjay’s Tolani Book 📕
28 000 Book: bit.ly/2PWHGGg
The Concept Presentation Playbook: bit.ly/2IGHzNc
The Objection Playbook:
The Closing Playbook: bit.ly/2CtWud8
The Sales Maximizer Playbook: bit.ly/2TXRlmr
The Retirement Planning Playbook: bit.ly/2m9Wc4c
Негізгі бет How Much Critical Illness Insurance Should I Buy? | Financial Planning Process | Dr Sanjay Tolani
Пікірлер: 13