In general usage, a financial plan is a comprehensive evaluation of an individual’s current pay and future financial state by using current known variables to predict future income, asset values and withdrawal plans. Financial planning is a process of framing objectives, policies, procedures, programmes and budgets regarding the financial activities of a concern. This ensures effective and adequate financial & investment policies. As a financial advisor we can recommend for Health related schemes (Medical Claim Policies, Life Insurance policies, Accidental Insurance policies, Fire & burglary policies) for a better future.