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Summary of the Book
The book outlines personal financial planning process for both users and intermediary advisors. Human life is a process of continuous change. Therefore, a personal financial planner is required who helps people to deal with various personal financial issues. The book deals with all major areas such as cash flow management, education planning, retirement planning, investment planning, risk management and insurance planning, tax planning, estate planning, and business succession planning in the domain of personal finance planning.
Features: * Developed to help students and insurance professionals to become self-reliant in undertaking research, problem solving, and problem formulation * Will assist users to acquire expertise to determine their own priorities, to interpret and use insurance concepts effectively, and to monitor the training skills in their executives * Case studies and illustrations weaved through out the series to give theoretical as well as practical insight into various aspects of insurance operations