Have safer avenues to meet short-term goals Hindu Business Line
27.08.11
I am 32 and work in the IT industry. My take-home salary is Rs 62,000 and I expect my salary to grow at 7-10 per cent annually. Apart from my salary, I earn by way of consultancy Rs 20,000 a month. I have two dependents, my wife is a homemaker and we have a girl aged 4. My current monthly expense is Rs 25,000, including car maintenance. Besides that I pay housing loan EMI of Rs 26,000 and a car loan EMI of Rs 3,729. After meeting all monthly commitments I have surplus of Rs 25,000.
Liabilities: I availed a home loan in November 2010 and the current outstanding is Rs 27 lakh. Car loan outstanding is Rs 1.2 lakh and it's likely to be over in the next 2.5 years.
Assets: My current flat is worth Rs 60 lakh (less home loan). We own 100 sovereigns of gold. We own few ancestral properties, 2.5 acres of agricultural land with rubber plantation and its current market value is Rs 60 lakh (rubber plantation likely to yield net revenue of Rs 20,000 from 2013 for next 25 years at current market price). We also have a house with 40 cents, and its current market value of Rs 80 lakh.
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bShort Term Car Insurance/b Uk-Benefits of Day Car Insurance b.../b
Benefits of Day Car Insurance!
If you are a traveller who needs to undertake a journey for a day, you can benefit from day car insurance. This type of insurance cover is meant for people who are planning to travel for a day. With this kind of insurance, you can look forward to cover yourself against any kind of risky situations that may crop up unexpectedly. The cover is most suitable for day travellers who are undertaking a journey for a day. If you or any of your friend is looking to borrow a car from a friend, it is advisable you must avail this kind of insurance cover.
Short term periods of 1 to 28 days:
Short term car insurance is basically intended for those who are looking forward to travel for a day. The short term cover is suitable for those who are looking forward to travel for a day. There may be various kinds of situations wherein you may be forced to borrow a car from a friend or a relative. With this kind of cover, you can easily get covered against any kind of insurance.
This kind of cover is quite popular with car drivers in UK. There may be times when you may be required to borrow a car from a friend or a relative to drive for a short distance. In such type of circumstance, it becomes a must to have a cover like this. It provides complete protection to a driver.
It is a very common type of cover. It keeps you protected against any kind of risky situations. You can get a cover in a short period of time. It is valid only for a day. Hence, if you have bought a car recently, you can benefit from this kind of cover. If you are looking forward to visit a friend of yours for a day, you can benefit from this cover. The cover is available only for a day. You can also choose from various different types of policies. If you are confused about which cover to choose from, you can also look online. This will help you get all the required information in a short period of time.
The cover is basically meant for a day. There are many benefits of this kind of a cover. It is not only:
