If you are big on making travel plans, you must have already started planning for your 2018 trips! Saving up the cash, picking out destinations, packing and setting out to explore the world is exciting and invigorating. Although, planning for a trip is fun but it can be stressful to figure out the logistics.
Money and safety are two of the biggest concerns when on a trip and so extra care is always placed on them. It’s always helpful to have a life insurance because you never know what can strike you out of the blue! That’s why having a term plan or term insurance handy will secure your loved ones’ financial future.
What more? When your mind is at peace, your vacation will be stress-free and enjoyable. And, proper financial planning ensures that you enjoy your trip with loved ones without any hindrance. That’s why, staying insured is always a good idea. You can get term plans as I do with Aegon Life as it allows me to pay a small premium for a stipulated period and get high coverage. This means if I happen to meet with an unfortunate event while travelling, the finances for my loved ones or nominees are taken care of after me. A term life insurance can keep all your financial worries at bay while you enjoy your vacation with your loved ones. It offers several policies that can be catered to your choices and preferences that are cost efficient and have many benefits. Even if a coconut does decide it wants to swan dive on your head, you’ll be saved from the additional financial worries.
Once you have the insurance figured out, here are other ways you can manage your money while on a trip to have the most stress-free and exciting experience ever!
- Take multiple debit or credit cards: You don’t want to run out of cash when travelling around the world. With electronic transfer easily accessible everywhere, you can travel with your cards and don’t have to face the hassle of carrying loose cash everywhere. Not only does it ensure you will not run out of cash and be stranded, you also don’t have to constantly check and see how much money you have left to spare.
- Set a budget: Sure, you’re carrying a credit card but that doesn’t mean you come home to find a skyscraper bill waiting for you. Goodbye vacations for the next 5 years! Always take the time to prepare a budget for yourself, it’s a very healthy plan and it stops you from bankruptcy!
- Always track your expenses: Even if it was just a summer dress from the cute local shop, make it a priority to track your expenses. This will allow you to stick closely to your budget while allowing you a bang for your buck!
- Keep your cash safe: If you absolutely must, it’s always advisable to withdraw only little amounts of money from the ATM every time so that you can escape possible thefts. Always make sure you cash and card slot is safe and not easily stolen. Get belts with hidden compartments so that when you are travelling, they can’t be easily spotted or removed swiftly.
About Aegon Life:
Aegon Life Insurance Company Limited launched its pan-India operations in July 2008 with a vision to be the most recommended new age life insurance Company. The fulfillment of this vision is based on having a complete product suite, superior technology, providing customized advice and enhancing the overall customer experience. This joint venture adopts a local approach with the power of global expertise to facilitate a direct to customer approach, leveraging digital platforms to bring transparent solutions to customers and to prioritize their needs. Aegon is one of the world’s leading financial services organizations, providing life insurance, pensions and asset management and Bennett, Coleman & Company, India’s leading media conglomerate, have come together to launch Aegon Life Insurance.
About Term Plans:
If your insurance needs are specific and time-bound, term insurance plans are perfect for you. These plans are ideal for policy holders looking for life insurance cover with benefits for a specified period that can be availed by paying a small amount of premium. Term plans are economical, and offer high life coverage. They are also designed to take care of your loved ones in case of disability or any critical illnesses.