Q. We are considering purchasing child life insurance (Ulip) for our little girl. We have been reading various articles in the media and are seeing a lot of different views on this. My husband told me that you do not answer specific queries, but I still took my chance. What are your views? A. No. Nein, Nyet, […]
I am doing this post for the umpteenth time..please see all my posts on term insurance, if you want a comprehensive view. By the time a few of us had shouted ourselves hoarse that ‘Term’ insurance is the only product to buy, the brilliant life insurance companies came up with some smart ideas: a. Riders […]
Payal and Tarun were very happy. They had just finalized a house costing Rs. 1.4 crores where they had taken a Rs. 1 crore mortgage loan which both of them were to repay over the next 23 years. Excellent considering that they were only 23 and 29 years of age and could afford that EMI. […]
Let me get this clear one more time. In an ideal situation you will live in a rented house and invest all the money that you have in a great business. This business will grow, you will take it public, and, with the new found free money buy a nice house as per your liking. […]
The key to quality insurance is in choosing a good quality Agent. The word agent comes from the Indian Contract Act, 1872 and it is the Christian name for the guy who brings insurance / mutual fund product to your door step. Nowadays they have various names like Consultant, advisor, and the like, but I […]
Many life insurance companies have a very big advertising budget. They also have a huge budget for spending on the social media, and I am not sure if they are happy with the results. I am convinced that they are not putting enough effort to make the necessary impact. Let me tell them what are […]
Are you surprised at this title? Has the Insurance industry not been telling you that Indians are under insured? I met one person last week – a lady who had taken VRS. She was not planning to take up a job again and it was the end of her working life. She was under 40 […]