I VIMAL SOLANKI

When it comes to buying insurance, most people think — “I’ll take it after marriage” or “once my EMI is settled.”  But here’s a truth no one likes to admit — buying insurance late is like wearing a helmet after the accident. The biggest myth around insurance is “I’ll take it later when I really need it.” In reality, the earlier you start, the smarter the decision — both financially and mentally. Here’s why 👇 1️⃣ The Younger You Are, The Lower Your Premium Insurance companies work on one simple formula — higher risk means higher premium. When you’re young, your health profile is strong, and disease risk is lower — which means you pay significantly less for the same coverage. 👉 Example: A ₹1 crore term plan at age 25 may cost ₹600–700 per month. At 40, the same plan can easily cost double or triple! So instead of paying for your pizza today, pay for your peace of mind tomorrow. 2️⃣ Health Won’t Wait for You to Turn 40 Lifestyle diseases now affect people in their 20s and 30s due to...

Most people spend years planning their careers, investments, and family’s financial security. Yet, the one thing they rarely plan is what happens to all those assets once they’re gone. It’s not that people don’t care — they just assume “my family will figure it out.” But here’s the catch — the law doesn’t work on assumptions; it works on documentation . ⚖️ The Law Doesn’t Care About Intentions — Only About What’s Written You might intend to leave your house to your spouse, or your savings to your children. But without a Will, those intentions hold no legal value. When someone dies intestate (without a Will), their property is distributed based purely on legal succession laws — which vary according to religion. This means your wishes, emotions, or personal circumstances don’t decide who inherits. The statute does. 🕉️ For Hindus: Succession by Hierarchy Under the Hindu Succession Act , the law follows a clear hierarchy. Your Class I heirs — son, daughter, widow, and mother —...