What is Critical Illness Insurance? It is customary for most people to be covered with life insurance. Most people who have taken loans or are generally well informed understand the need for life insurance and hence have acted accordingly. However there are some important risks in a persons life – early death (covered by life […]
For many of us who sell life insurance, we dread the call from the client’s nominee asking for a claim form, do we not? However, do we expect a call from a client to say “Thanks for the term life insurance that I took from you last year, I am alive, but am happy to […]
Many of the life insurance policies sold in the past 3 years may not see the “logical end” of the policy as perhaps intended. In the United States of America the endowment plans are called “permanent” policies. A high percentage of existing “permanent” insurance policies will not make it to the finish line. They will […]
Mohan Chand Sharma a senior police officer has been shot dead by terrorist. Of course a few tears will be shed for him, the delhi police, the delhi state government and the central government will issue statements. Some money will be paid to his widow and slowly all be forgotten. Does his wife feel at […]
Half the country’s population is now an agent. So it is quite unlikely that nobody has approached you with a “you must have this …insurance policy” kind of spleen. However, you may or may not have agreed. Most of us doubt the credentials of the person who pitches any product to us. Insurance is worse. […]
Surely you have a mutual fund and perhaps a life insurance policy too. Correct? Why did you buy it? Was it some good planning that you did or just a friendly neighborhood agent who asked you to buy? Most life insurance and mutual funds have been bought because an agent approached a client. Frankly I […]
I hope to God no underwriter or actuary is reading this article. It is just a collection of the channels through which life insurance is sold these days. If some retired people cannot recognize some of the channels, please stop shaking your heads! Let us look at the channels: 1. The life insurance agent: the […]