Banks, Businesses, and Insurances are governed by regulating bodies. Banking business involves money and currency, business includes trading and manufacturing and insurances provide risk covers to business bodies and individuals. All these activities generate incomes that are mediums to honour expenditures, both fixed and varied. The most common and important aspect is the savings. Savings today is security tomorrow, only if invested wisely. The wisest act to do with savings is buying insurances and buying fixed interest securities.

The most properly planned insurance is the amount which will fetch an amount equal to all the expenditures an individual incurs in a year. 15 years term insurance with additional benefits can cover an individual’s yearly expenditures that are linked with children’s education, house maintenance, health cover and most importantly life cover for dependants. Insurance for a minimum 15 years every year for 15 years or more.