Good morning Mr. Subramanyam, this is Mr. A Saxena from Metlife Insurance company, can I speak to you for 5 minutes? Me: Yes please go on… Saxena: Sir you have 3 policies of Metlife which has expired, and ML has returned only Rs. 25,000 to you. Actually you have paid Rs. 125,000. We found that […]
When a banker aged 58 buys a UNIT LINKED PLAN…do you feel sorry for him or say ‘well all your life you did to your clients did you not?’. A banker spends all his life dealing with legal documents, he knows the value of the signature that he puts on the paper, correct? He is […]
The slowdown in the economy, SEBI and IRDA never ending and ever changing regulations, falling margins, better opportunities elsewhere….are all reasons why the agents seem to be consolidating. Many wealth oriented people are hoping that the clients will understand the need for Medical and Life cover insurance. Typically my suggestion is for people to buy […]
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 […]
The idea of life-insurance will probably first come your way when you are planning your tax returns. That’s how it is for most Indians – insurance is a tax saving device. Well, there is a lot more to life insurance that it pays to know. Let’s begin by looking at every step of getting insurance. […]
If you Google for Stuart Kahan or senior citizens (Elders as the Americans call them) you are likely to find the report of Broken trust. Here is a short summary…for the full report go and search in Google! Elder financial abuse costs older Americans more than $2.6 billion per year and is most often perpetrated […]
The idea of life-insurance will probably first come your way when you are planning your tax returns. That’s how it is for most Indians – insurance is a tax saving device. Well, there is a lot more to life insurance that it pays to know. Let’s begin by looking at every step of getting insurance. […]