Insurance : Life and General
At Fauji Wealth, we provide comprehensive insurance advisory across Life and General Insurance, including Life, Health, Vehicle, Travel, Property, and other essential covers. We are not an insurance aggregator. We are empanelled with all major insurance companies, which allows us to remain product-agnostic. This means we may not always offer the cheapest policy but we guide you to the most suitable product for your unique requirement, at the most competitive and appropriate price. Insurance works only when it works at claim time. Each category has critical nuances that, if ignored, can lead to inadequate cover, rejected claims, or long-term financial loss. Head to the relevant section below to understand what truly matters.
Life Insurance
- Serving defence personnel are already covered under AGIF; in most cases, additional life insurance is not required
- For defence officers and soldiers, incorrect or partial disclosure of the nature of duties by agents is a common reason for claim rejection
- Officers and soldiers nearing retirement should purchase term insurance at least 3 months before retirement, while still in service especially if they have dependent children
- Insurance and investment must never be mixed; combining the two leads to poor outcomes
- As a non-government employee, term insurance is generally required only once dependents arise
- A personalised consultation is strongly recommended before taking any life insurance decision.
Health Insurance
- Children of defence personnel should ideally be insured once they start earning, get married, or turn 25 whichever comes first
- Eligibility rules for dependents of government employees are complex and must be checked well in advance
- Relying only on employer-provided health insurance is risky cover lapses on job change and continuity benefits are lost
- Health insurance becomes significantly more expensive with age, making early planning essential
- Coverage for critical illnesses such as cancer usually requires a minimum continuity of 3 years, which becomes unavailable when relying only on employer-provided health insurance
- Riders play a crucial role and must be selected carefully
- Having a personal health insurance policy alongside workplace cover is essential to ensure continuity, adequacy, and long-term protection.
Vehicle Insurance
- Many policyholders miss essential riders, leading to surprises at claim time
- Several investors unknowingly pay repeatedly for the same riders, especially during self-purchase or online renewals
- Cheapest is rarely the best right cover at the right price is what matters
- Expert guidance helps avoid costly mistakes.
Property (Home) Insurance
- Most people fail to insure their single largest asset
- Basic risks such as fire and earthquake are often ignored
- A single calamity can wipe out the entire value of your property overnight
- Protect your home before risk turns into regret.
Travel Insurance
- A must for all international travel, even when not mandated by the destination country
- Medical emergencies, trip cancellations, or delays can quickly turn a holiday into a financial burden
- Do not buy the cheapest policy buy the right one
- Travel protected. Travel prepared.
Insurance decisions should be made with clarity, not urgency.
Take a personalised consultation with Fauji Wealth to ensure your insurance truly protects you and your family when it matters most.
Disclaimer
Insurance advisory is provided based on individual needs, disclosures, and suitability. Fauji Wealth is empanelled with multiple insurers and does not function as an insurance aggregator. Recommendations are advisory in nature and aligned with regulatory guidance to keep insurance and investments separate.
