Let Your Financial Demons Be Washed Away on this Chhath Puja

Chhath Puja Financial Blog

Celebrated in reverence to the Sun God, the festival of Chhath Puja is performed to  thank Lord Surya for sustaining life on earth and to seek blessings from him for  good health and prosperity. On this day, the women of the house offer prayers to  the Sun god dipping into the holy waters of the Ganges. According to the  mythological sayings, worshiping the Sun is believed to cure various ailments while  ensuring one lives a healthier, happier, and longer life. 

Let wash away the uncovered & unprotected health demons this Chhath Puja!

On the occasion of this propitious day, in today’s era, insuring oneself is very  important, as it can help secure the uncertain future financially while ensuring it to  be prosperous and successful always. 

One of the biggest financial follies and an often overlooked aspect of financial  planning is not buying insurance or having little insurance coverage. Just like Chhath  Puja is performed to welcome prosperity into one’s lives, Insurance takes upon a  similar role by securing your family’s future against unforeseen circumstances,  regardless of the possibility, while helping you achieve long-term goals. Here are  some compelling reasons for buying a life insurance policy. 

1. Life insurance is a great tool for protection and ensures that any future costs  related to those who are dependent on you financially are adequately covered. Hence,  it’s imperative that you have life insurance in place to cover any financial surprises life throws your way. 

2. Insurance not only provides you and your family with financial security but also gives  you the peace of mind you need in times of uncertainty. It helps in clearing off any existing debts as soon as possible to ensure your family doesn’t have to deal with  financial liabilities. Once your debts are paid off, it will instill a sense of resolve that  will help your family stay afloat during trying times. 

3. Life Insurance can help you save on taxes as well as you become eligible for a  maximum deduction of Rs 1.5 lakh under Section 80C of the Income Tax Act, 1961.