Budget That Story's video: How To Plan For Emergencies How To Buy Insurance Tip For Emergency Saving Insurance - Part 2

Do you want to know, How you can plan for emergencies? Do you want to know, How you can buy insurance? Learn more about Emergency fund savings and Insurance planning!! This is the second part of Emergency and Insuance planning video. Emergency Fund planning, we have already covered. An emergency fund provides you cushion in your emergencies like medical emergency, accidental emergency or any other emergency. You do not need to withdraw your savings for any kind of emergency. Save emergency fund equal to 8-12 months of your family expenses. For the bigger emergencies, you need to buy an insurance plan. In the market different types of insurance is available like health insurance (medical insurance), term insurance (life insurance), ULIP (Unit-linked Insurance Plan) and many more. Please check out the video, if you want the tips for emergency saving and tips for insurance planning. Timecode: 0:00 - Intro 1:55 - Buy Medical Insurance 2:23 - How much medical coverage you need? 5:24 - Buy Term Insurance or Life Insurance 7:02 - How much life insurance coverage you need? 7:50 - What is ULIP or Unit Linked Insurance Policy? Emergency & Insurance Planning - Part 1: https://www.youtube.com/watch?v=-MCQC4Lgon0 Do you want to know, what are all the 7 steps? Just check out related videos: Solve All Your Financial Needs In Just 7 Simple Steps: https://youtu.be/REOBLHZoeM4 7 Step Financial Planning: https://www.youtube.com/playlist?list=PL03eJL3A_W7XuJQHR7sexZhJMDc2oa3QD My monthly budget sheet sample: https://docs.google.com/spreadsheets/d/12GelIIlRG5edg9vIBEiYjkIIft0UiZ560WK0IoEt1tM/edit?usp=sharing Subscribe To Clarify Money: https://www.youtube.com/channel/UC3-1U4hC1lpQm6Nqhv6hN6w?sub_confirmation=1 FOLLOW US: Website: https://www.clarifymoney.com Facebook: https://www.facebook.com/clarifymoney/ Email: clarifymoney@gmail.com Regards, Varun Yadav - Disclaimer: All the information on this channel - Clarify Money - is published in good faith and for general information purpose only. Clarify Money does not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information you find on this channel (Clarify Money), is strictly at your own risk. Clarify Money will not be liable for any losses and/or damages in connection with the use of our channel.