If you are a shareholder who started an asset management company and /or a life insurance company hoping to make money, God bless you! For those of us who are shareholders with the Birla, Hdfc, Tata groups – remember we are all funding the insurance and mutual fund businesses indirectly. Kotak bank, Hdfc ltd, [...]
There is a document which many of you would have signed without applying much thought. It is called the policy illustration. For about 99% of the people who buy life insurance and about 100% of the people who sell life insurance this document makes no sense – it is a waste of paper. Money mantra [...]
Recently, a friend of mine wrote a cheque for Rs 14,45,000, the sum total of the hospital and care bill for his father. And this amount was spent in less than six months. At least, this friend works in a great company has a great salary, and a very, very high savings rate. He knew [...]
What happens when you cannot pay the life insurance premium? Well there are some implications for sure! Here is an article that I wrote for Money Mantra – a personal finance magazine in Hindi and English…. http://www.moneymantra.co.in/insurance_o.html
Hi Students of the Graduating class of 2010, Here are some lessons which I wish somebody gives to all graduates. It does not matter whether you are a CA, MBA, a doctor, Engineer or a plain graduate. These lessons are the basics of finance which is nice to know and MUST to implement. Let us [...]
One expense businessmen love to avoid is the life insurance premium. I did an article for Money Mantra…on why they need life insurance…read http://www.moneymantra.co.in/insurance_o.html