One could always choose appropriate insurance policies according to his needs. Getting in touch with an insurance agent or contacting the call centre of the insurance company would be a wise idea. The Tax Relief fast paced urban lifestyle calls for services that customers can avail of at the click of a button, from the convenience of their homes, workplaces or when on the move. Today, new channels for buying of insurance products, life as well as non-life, and availing of insurance services have emerged. You can also buy an instant insurance policy online. The process is similar to buying a train ticket online. A digitally signed e-policy is issued immediately and the hard copy couriered the next day. An online account is created with a secure login id and password through which the customer can view, print, renew and extend his/her policies. You can keep track of your transaction details and claims status online as well. Typically in this recession scenario, one of the effective ways which will keep you going on is managing your finances. Create a budget; allocate amounts for essential versus luxury expenses like entertainment, clothes and travel. Always keep an eye for smart deals and try to save from your daily expenses. You can also invest in your children’s education as well as in commodities like gold and silver, which are returning high profits. Check your bank account on a regular basis and maintain a statement of cash flows coming in and going out. Plan for the long as well as short term and execute with discipline. Plan your portfolio in such a manner that recession does not affect your plans to form a corpus for your retirement.