10 Personal Finance Tips For Managing Money When Traveling

Planning on exploring new scenic valleys this summer or are you ready to soak up the sun and water by the beach? But before you get your summer tan just right, pack up your bags and head out the door, might we suggest a few tips that will help you manage your finances for a stress-free holiday?

In this day and age, security and money are two of the biggest concerns that are constantly looming over our heads.

• Do not forget to buy travel insurance.
• Before leaving, make sure you buy travel, medical and death insurance. 
• Do not carry a lot of cash, travel light and carry spare credit or debit cards. 
• Choose whether you need to use traveler’s checks.
• Always inform your credit, debit, and ATM card banks about your travel plans.
• Be prepared and informed. Get all the information you need about fees and charges for overseas card usage.
• Have you considered pre-paid debit cards? 
• Try using cash whenever possible.
• Set a travel budget and keep a track of it. 
• Use public transportation and save money for other expenses.

Better safe than sorry! If I happen to meet with an unfortunate event when I’m away on a vacation, my life insurance makes sure my finances for my loved ones back home are taken care of. Term insurance keeps my financial worries at bay and I can enjoy my vacation without stress and worries. 

Aegon Life offers several policies that are cost effective and can be catered to your preferences and requirements. It’s a life insurance that provides coverage at fixed rates of payment for a certain limited time. It aims at protecting the future of your family and is designed to be affordable. When choosing a term insurance plan, you get options to pay premiums monthly, semi-annually or annually. It’s the most basic form of life insurance. With term insurance, you can avail tax benefits under section 80C of the Income Tax Act 1961 and you get coverage until the age of 80.

While planning your holiday, get term insurance with Aegon Life as it allows you to pay a small premium for a stipulated period and receive high coverage.  

About Aegon Life

Launched in July 2008 with pan-India operations, Aegon Life Insurance Company Limited has a vision to be the most recommended new age life insurance Company. As a joint venture between Aegon – world’s leading financial services and Bennett, Coleman & Company – India’s leading media house, Aegon Life Insurance adopts the power of global expertise to facilitate a direct to customer approach, leveraging digital platforms to bring transparent solutions, and to prioritize customer’s needs. Our product portfolio includes term life insurance plan, pension plans, unit-linked insurance plans (ULIPs), health insurance plans, child education plans, and more.

 

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