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Sunday, December 22, 2024 | 11:54 AM ISTEN Hindi

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Bolster your finances before third Covid-19 wave with an emergency corpus

Buying a personal health cover and reducing loan burden will put you in better shape to handle a crisis

Notwithstanding the growth in health premiums, insurers have seen elevated levels of Covid claims in the first three months of the financial year due to the second wave of the pandemic.
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Bindisha Sarang Mumbai
The latest Coronavirus variant, Omicron, has once again introduced uncertainty. Countries in southern parts of Africa have been impacted severely. Japan has already banned the entry of foreign nationals while New York city has declared an emergency. While the likely intensity of the third wave is still a matter of debate, wisdom lies in being financially prepared for it.

Deepali Sen, founder partner, Srujan Financial Advisers says, “Those who lost their jobs or got laid-off have learnt the lesson well about the need to be financially prepared. But many have not, and they continue to do only the very basics

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