Well I have always wondered about statements like ‘the numbers tell you the story’ or ‘numbers lie’ …well Numbers may not lie, but liars figure a way to present the numbers LIKE THE TRUTH! Let us look at some numbers….Recently I got a post on FB showing the claim settlement ratio of the life insurance […]
Frankly I have no clue about what to expect. However I know what people will say: 1. The FM should raise the taxable exemption limit by at least Rs. 50,000 2. The exemption limit for women should be raised by Rs. 75,000. 3. There should be a separate limit (like 80 C) for repayment of […]
No, I am not looking for an agent..just writing an article on the changing scenario… The life insurance business is one of the MOST lucrative in the financial services industry – MORE profitable than banking. Look at big fortunes made in this industry – it has helped companies fund very large successful companies. In India […]
There are a few words which when a financial planner says looks cool. If my planner said them to me, I would look for a new planner! What are the words? 1. I will give clear, and UNBIASED advice! After 30 years in the trenches of the financial services industry I have not been able […]
The IRDA has come out with a new law which says the life insurance sales guys should ask a lot of questions BEFORE a customer fills up or BUYS a life insurance policy. For some of us in the life insurance business it was quite obvious that these questions should be asked. I must say […]
Today sadly, there is no pension plan which meets all your requirements. For example Templeton and UTI (both asset management companies) have a pension plan – and it is a one size fits all type of a plan. Typically a pension plan should have various options at the ACCUMULATION stage – when a person is […]
The perennial search for quick money takes us through lot of unknown routes. It takes a lot of hard work, luck, government lobbying, team building – to create companies like Tata Steel, Hdfc, TCS, Infosys, Reliance, Honda Motors. It takes years, if not decades to create good companies too! However a few people feel (and […]