This website is purely ACADEMIC in nature and NOT a stock market recommendation service or a tip provider. No live data or feeds are provided and all information is historic only. Information is provided for ease of understanding for the purpose of learning. Accuracy of definitions etc is not mantained. I am not a SEBI or IRDA registered.
Tracking Insurance data with Excel
|Home||Personal Finance||Mutual Funds||Equity|
All of us will have several insurance policies
such as Life Cover, Health Insurance, Vehicle insurance etc.
It will be a good practice to have all your insurance data in an Excel file.
Prepare a sheet called Summary Sheet with the following fields:
- Name (of person Insured)
- Premium Amount
- Total Premium Paid so far
- Value as on date
- Start Date (of Policy)
- Last transaction date (of Policy)
- Next transaction date (of Policy)
- Available Time (to pay the next transaction)
- End / Maturity Date
- Last Check Date (by you)
- Days since last check
- Status (of Policy)
- Policy Type
Create separate individual sheets for each of your policies.
You need to periodically check this Insurance spreadsheet file and update as and when some transaction / update is there.
Tip: You can include other annual paying deposits such as PPF / SSA / NPS etc into this as well