Mr. Jayesh Barve

Welcome to Madhujay Consultancy…..

We specialize in helping families to maximize their savings by minimizing risks as well as Income Tax Liability through Life Insurance and Mediclaim Products for their Future.

Over past 13 Years working with 300 + Families, we have been helping them ensuring their Financial Security, Tax Saving , Child Education / Marriage by Planning a Fund , Prevent Loan Burden, Securing today itself at different stages of their life as per their needs and Happy Retirement Fund. We have relieved them from worries arising from sudden Hospitalization costs such as Illness / Diseases / Accident with the help of our different Life Insurance and Mediclaim  Products.

I Jayesh Barve – Your Life’s Financial Advisor at Madhujay Consultancy have been felicitated by various awards in last 13 years and you can view details in our Gallery. 

Need of Life and Mediclaim Insurance

You will have a peace of mind if you know that you and your family members are financially secure from various unforeseen circumstances such as death or a medical emergency or an accident. Cost of this financial burden in these situations can be really very high and may wipe out your savings or your family’s hard-earned money. Thus, there is a need of strong insurance for you and your family against all Risks in your life of health and property etc.

Insurance plans are important and beneficial to anyone to protect their family and assets/property etc. from financial risk/losses.

Insurance plans will help you pay for medical emergencies, hospitalization, contraction of any illnesses and treatment, and medical care required in the future.

The financial loss to the family due to unfortunate death of the Bread Earner can be covered by insurance plans. The family can repay any debts like home loans or other debts which the person insured may have incurred in his/her lifetime.

Insurance plans will help family to maintain their standard of living in absence of Bread Earner. This will help them cover cost of maintaining the household through the insurance lump sum payout. The insurance money will give such family much needed breathing space along with coverage for all expenditure in case of accident/medical emergency/death of the Bread Earner.

Insurance plans will help in protecting the future of Policyholder’s child’s education. They will make sure that children are financially secured while pursuing their dreams and ambitions without any compromise even in absence of a Policyholder.

Commonly Preferred Types of Insurance are as under :

Life insurance: Life insurance is what you can avail in order to safeguard your family in case of death during the tenure of the policy. Life Insurance helps secure your family financially with a lump sum amount that is paid out in the event of the policy holder’s death within the policy period.

Health insurance: This is purchased for covering medical expenses revolving around various health issues, including hospitalization, treatments and so on. These plans come in handy in case of medical emergencies; you can also avail of cashless facility across network hospitals of the insurer.

Let us look at the importance of Life Insurance.     

Protection of your income / Income Replacement

Person gets peace of mind

Financial Security

Wealth Creation

Tax Savings

Security of Children Education

Prevent Loan Burden

Retirement Planning

When you buy at Young Age, you can save more

Provision of Funds for care of ageing parents

Let us look at the importance of Mediclaim Insurance.

Now a days illness is common in our life due to many reasons such as lot of stress, exertion, avoidance of timely food intake and sleeplessness etc. Illness occurs suddenly and unknowingly without intimation. It falls as a Bomb and destructs lots of things in our life such as Financial Stability, Mental Stability, Loss of Health and Wealth of a Family. Nobody likes to be ill and get admitted in a Hospital, but life is beyond our predictions. Many people say “I do not need Mediclaim Policy because I am fit and healthy.” People say this on the basis of their present health conditions which in future may not be the same.   Also, what about an Accident? Can you imagine?

Now, let us think about the Expenses of Treatment in a Hospital: - 

General Room Charges Approximately Rs. 2,000/ - to Rs. 5,000/- Per day and

Special Room Charges Approximately Rs. 10,000/- to 15,000/- per day

For availing such benefits one should be financially strong. Is it so in real life? Then people may have to choose the following options: -

Break the Fix Deposits

Sell the Property.

Borrow from friends and relatives.

Sell or mortgage gold Or Break other investments.

Major illness treatment expenses such as Cancer, Bypass Surgery, Brain Tumor etc. Minimum Rs.10 lacs to Rs. 20 lacs. Other illness treatment expenses such as Malaria, Dengue, Viral Fever, Jaundice, Cataract etc. Minimum Rs. 1,00,000/- to Rs. 3,00,000/-.  Apart from this, in case of Major Accident, the treatment expenses estimated are beyond our imagination depending on the severity of the accident.

Health Insurance Company charges certain Premium for buying policy on certain terms and conditions. Here, Health Insurance Policy helps the family for overcoming the burden of skyrocketing expenses of treatment. It allows benefits to the policy holder by refunding the different charges of the treatment taken at the Hospital with pre decided terms and conditions. Premium paid by the policy holder is very less compared to other Insurance Premium paid. This reduces the Financial Burden and saves the life of the Patient without worries.  

Insurance Policies are bought for the benefit of a Family. Buy a Life and Mediclaim Insurance policy for benefit of yourself and for your family and earn respect in Family.

We at Madhujay Consultancy, find solutions for your above Concerns / Questions by Protecting YOU AND YOUR INCOME with Life and Mediclaim Insurance.

We are ON the MISSION of protecting EACH FAMILY. 

Welcome you all at Madhujay Consultancy for a Journey of becoming Healthy and Wealthy. Please contact us for further details.