I had to do this column. Not because ulips are God’s gift to mankind, but unit linked insurance plan that I bought (circa 2004, much before the media decided that ulips are bad). I bought unit linked insurance (and continue to own them) from Hdfc Standard Life Insurance company. Here are the details for the […]
An industry can be called successful only after we see the status of all the stake holders. We saw how the employees and the sales force was feeling. Let us see something about the ‘customers’ and the ‘owners’. The customers of the life insurance industry can be divided into 3 categories: a. Those who understood […]
The net has made life easy – you can find everything on Google, buy everything on eBay, pay for everything by using ‘Easy-pay’. And if you do not know how to do it, go to Google and ask ‘how to buy ….well..er a spaceship’ or ‘how to have a heart surgery’..of course for the more […]
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, […]
So as expected the ULIP bill is passed. I am not sure about my numbers but if the mf sales: ulip sales is 1:300, to even think the MF industry will be called for a meeting sounds funny. The mutual fund industry in India is going through a real hard grind – some partly its […]
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 […]