Archive for the 'General Insurance' Category

Doctors and Insurance

The Indian education system sadly lacks any training on financial matters. So whether you are a CA, doctor or an engineer, you actually have no clue on how to plan your personal financial life. THIS ARTICLE is a request to doctors to see an INSURANCE professional of decent repute to understand their complex insurance requirements. […]

Insurance – when things go wrong….

  Just because one is angry with an insurance company, one cannot decide to live without insurance. Not just life – health, car, event…….it is an essential tool of business. Here are some reasons why you need insurance. Insurance – Life or General is largely about answering some questions like “What if….goes wrong”? The fundamental […]

A new insurance sales method…..

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 […]

I hate paying the premium

Is is possible for me to get the adulation, fame, success of a Sachin WITHOUT putting in the efforts, dedication, of Sachin? Besides of course, having the talent? The answer seems to be damn simple, right? However in the financial world people expect magic and there are some people promising that. People do not wish […]

10 top reasons why you should have your own Medical Insurance Cover…

A friend called to ask…tell me precisely what can go wrong in a group policy: 1. First of all you are dependent on your employer. That does not sound too great, does it? 2. Your employer could just do away with medical insurance completely. Period. 3. Suddenly your parents could be excluded – and if […]

Buying a financial product: using an agent

There are many people who prefer buying mutual funds, medical and life insurance and many financial products through an agent. Normal reasons why people use an agent are as follows: He helps with filling up the form He knows what is happening in the industry and will be able to give some useful advice He […]

Buying a financial product – part 2

  Buying any financial product is not easy. Let us look at a product like life or even general insurance. Fact is, you are buying a ‘security’ – you want to be reasonably sure you are dealing with a good company, right. What do people look for: 1. Can I buy it online: Ease of […]