There are many reasons why a person should not (need not, will not…whatever) buy life insurance at all: (please note this is written tongue in cheek and some naive readers should not take it seriously) This is just to take a dig at the excuses that people give…   Life insurance is one of those […]

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A few days ago I did a post sayings ‘Indians are under-insured’. It was so good that Dr. Khan came and commented (!).. However some of the comments were really saddening! When a person died (and his son died with him) – his wife got more money on the child’s policy than what she got […]

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‘Life insurance is a solicitation business…..’ well no comments! Now Hari Narayan wants the agency channel to close down and only the bancassurance business to survive. Completely from my portfolio point of view, I am very happy. Banks are in a great position to know what you do with your money – and they have […]

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If it was as rosy as the media projects…why is it that the whole Indian population does not become an agent? Well there are reasons: 1. Agents get treated badly: Agents for any product are seen as an unnecessary evil – and every body makes an attempt to get rid of them! Even if he […]

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It is quite amazing to see how far away most of the media people are regarding the reality – especially in financial planning. Yesterday while flipping channels..i saw about 2-3 minutes of a program which was ‘discussing’ giving ‘Power of Attorney’. These are the things that I heard: – be careful to whom you are […]

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Whenever there is a talk about investment (greed) or insurance (fear) there are a few statements that I hear, and it does not help at all! Let me elaborate on those statements: 1. You have Colgate? I wish I had bought that share WHEN IT WAS THAT CHEAP! – you can replace Colgate with Hdfc, […]

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A couple of days ago I got a mail saying “Insurance is a waste of money. I am 62 and never needed it”. It is such an amazingly stupid statement I could not believe it. ‘I’ have not needed it does not mean ‘nobody’ needs it. So it is foolish to talk like this. It […]

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