These days selling life insurance is very difficult, well that is what we are told. That is true if you explain all the features in the policy. If you were to simply do a mis-selling, then like other things in life, it is possible to come out unscathed! So the people in the industry […]
Was speaking to a senior person in the life insurance business. Interesting times indeed. Sales are down, and you think ulips are not selling? You gotta be wrong. This company has appointed a big National Distributor to sell their products. Obviously they are selling wrong. Clients signatures are forged, signatures are ‘photoshopped’ on the form, […]
Doctors are the toughest to define professionals! You find doctors earning as little as Rs. 200,000 a year to doctors earning Rs. 200,000 a day. It may be some exaggeration, but it is not far away from the truth. However not all doctors are rich, handsome and managing their moneys well. Also contrary to public […]
Unfortunately in India most customers crib, then when they get a pat on the back from a high ranking official, they withdraw their complaint. I am yet to see a court order a full repayment for mis-sold policy and heavy damages suits. There is no fear of God in ANY company. If you do bring […]
Today (Saturday 12 May) 3.30pm and 8pm(repeat telecast) and Sunday 1pm and 9pm in case you decide to watch Cnbc Awaaz…you can see a program called Pehredar…Priyanka Sambhav hosts the show…. today it is a case of ‘mis-selling’ by Met Life Insurance agent. My views…I will do a story a little later on…
hi looking for some real life experiences of people who have been cheated by a finance company, broker, distributor, unit linked plans, …anything in the process of compiling some case studies for bunch of people in the below the poverty line….. please send it to subramoney.rich@gmail.com thanks!
One major problem with most of the people buying life insurance is ‘not knowing what they are buying’. Now a buyer should at least know what is he buying, should he not? The whole purpose seems to be to create some confusing products and make sure that the beneficiary is either the manufacturer or the […]