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Inka Insurance Founder Advises Proactive Financial Planning with Insurance
12 Nov
Summary
- Insurance should form the base of financial planning, not an afterthought
- Rising medical inflation makes it essential to review health and life cover every 2-3 years
- Digital platforms enable transparent comparisons and personalized insurance recommendations
According to Vaibhav Kathju, the Founder of Inka Insurance, insurance should form the base of financial planning rather than an afterthought. As of November 12th, 2025, Kathju advises individuals to assess their income, dependents, liabilities, and lifestyle goals before deciding on coverage. He notes that the right insurance coverage can vary by family situation and financial obligations.
Kathju also stresses the need to review health and life insurance policies every 2-3 years due to the rising medical inflation, which has been averaging 12-14% annually in India. Policyholders can maintain relevance by opting for top-up or super top-up plans, increasing term cover with income growth, or choosing policies with automatic sum-insured enhancements.
Furthermore, Kathju highlights how digital platforms are transforming the insurance buying experience. These platforms enable transparent comparisons of premiums, claim ratios, and features, while AI-driven tools provide faster and more personalized recommendations based on age, income, and goals. For young earners, Kathju advises starting with pure protection products like term life and health insurance before moving to investment-linked plans.
