Risk Management   We do not think or do not want to think of what will happen to our family, if we are gone - especially when we have not met all of life's responsibilities. Though the family goes through emotional trauma, financial burden adds to the pain. One has no remedy for the emotional pain, but smart financial planning can certainly ease the financial pain.   At CRVJ, we emphasize on Financial Risk management. Financial risk planning places a heavy emphasis on protecting the financial assets and resources of an individual or an organization. Financial risks will generally be managed through the usage of various financial instruments based on what the need is.   So what are the risks that we run? To name a few - the risk on our lives (ie the worries of replacement of the incomes that we contribute to the running of the household), the risks of medical contingencies (since they have the capability of throwing plans of a financial nature off guard) and risks on assets (since the replacement of those has tremendous financial implications at times). If we were to consider a situation where any of our goals in life were to be disturbed by acts beyond our control, we would realize the relevance of insurance in our lives.   Insurance is a basic form of risk management which provides protection against possible loss to life or physical assets. Insurance enables us to live our lives to the fullest, without worrying about the financial impact of events that could hamper it. In other words, insurance protects us from the contingencies that could affect us.   At CRVJ, the endeavor is to always design a risk management plan which is structured and systematic and the aim is to be both transparent and inclusive at all times.   For your customised risk management advisory, please do contact us.