Stock Trader || Option seller ||
Licensed Insurance Consultant (Free) ||
Tweeting my experience & experiments with money
Jan 2, 2023 • 21 tweets • 4 min read
Most of us are salaried and our companies provide Health insurance as a part of our compensation package.
So why should I buy a health Insurance extra?
This is the common question I receive every now & then.
Let me clear it now.
It's thread time🧵🧵🧵
I've been in workforce for the last 10 years between multiple mncs.
Everyone offered me health insurance packages.
1st company gave me free health insurance cover for 2Lakhs, 10 yrs back
In second company, I had to pay.
But..
Dec 27, 2022 • 12 tweets • 3 min read
If you were scouting to buy a Health & Term Insurance, you will find a stark diff of premium change
🌟 Term insurance has one single premium value, that we pay for next 10/20 years
🌟 But health premium will increase every 2 or 3 years.
Wondered y?...
Read more 🧵 #insurance
Whatever the configuration of sum assured & policy Term you choose, Term Insurance is a ONE SINGLE contract valid upto your policy Term.
1. IV will go from low levels to higher levels increasing premiums suddenly 2. Market is cyclic in nature; What goes up will come down: What goes down will come up
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3. Hold on your losses until expiry; if it continues roll-in-time 4. Adjust your position until the short strangle becomes a short straddle & then all you have to do is to wait for the market to do its job. 5. last & Important - DO NOT P A N I C; Emotional control matters