How can I add my insurance investment in MProfit?

In this tutorial, we will explain how you can add insurance investment in MProfit. 

Follow the steps below:

Step 1: Login to your MProfit account and click the (+) icon.

Step 2: Select Add Transaction from the drop-down menu.

Step 3: Type Insurance and select the appropriate Asset Class.

Step 4: Next, click Select.

Step 5: Now, add Plan / Scheme by clicking the (+) sign.

Step 6: Click the checkbox beside New Asset.

Step 7: Enter the name of the insurance.

Step 8: In the next field, enter the Policy No and then click Save.

Step 9: Now, specify the First Premium amount.

Enter the Date of the insurance. 

Step 10:  Mention the Insured Name and Sum Assured.

Step 11: To proceed, please fill in all the required details.

Mention the Term (yrs) and Premium Term (yrs).

Step 12: Finally, click Save.

You will find the Insurance asset with the Premium amount on the summary screen. 

This is how you can seamlessly add insurance investment in MProfit!