Define Your Goals, Depending On The Various Stages Of Life
Setting goals marks the beginning of financial planning to help you achieve the objectives at various life stages. It gives meaning and direction to the various financial decisions you will take during your lifetime. Financial needs change in different stages of life such as getting married, buying a house, children’s education, retirement, etc.
Markets Evolve, So Does Your Financial Situation
Your finances are in a constant state of change. Not only does the financial market fluctuate but your financial needs changes over time. Whilst, to some extent you can gauge the factors changing your financial situation, understanding market situation may be more complex.
Many factors such as major political events, natural or man-made disasters, supply & demand, market psychology may lead to fluctuations in the financial market. It is important to review your funds selection regularly to make sure it is aligned with market dynamics and your evolving future goals.
Therefore, it is important to:
Review your financial goals and align them in line with any major developments in your life. The impact of any such development may be positive like property inheritance, or negative like a substantial loss in business.
Monitor market fluctuations and align your investments accordingly.
Fund Performance & Fund Switching
While investing in unit-linked plans through our providers, you have access to a wide range of funds to choose from. We have now made it easier for you to track and understand the performance of your funds by giving you quick access to the latest available monthly performance of the funds. You have the flexibility to switch funds during the term of your plan.
For more information on your Salama plan or to switch your funds, contact:
CS.FT@salamalife.ae or firstname.lastname@example.org
Alternatively, visit Salama’s website to place a fund switch request online.
Noor Bank PJSC (Noor Bank) is an authorized distributor of takaful policies in the UAE for various takaful companies.
All product features and benefits are offered by the relevant takaful company/provider and not by Noor Bank. Noor Bank shall not assume any responsibility for policy approval, issuance, handling of claims and payment of indemnity or otherwise under the policy. Noor Bank does not advise on the selection of funds. Past performance is not a reliable guide to future performance. The value of your investment may fluctuate upwards and downwards depending on a number of factors which may differ from one product to another.
The terms and conditions of the relevant takaful plans shall apply.