What is the cost of Term life insurance? What age? say age 33 How much sum assured? Rs. 1 crore. How many years? 22 years. Sir what is the Value of the insurance. Ha. Now I do not know how to answer this. I know how much it costs, but its value is known ONLY […]
The Term Insurance is the ONLY sensible product that a life insurance company makes. However, the premiums are very low and hence NOBODY in the chain likes to sell this. So the manufacturer does not give any incentive to the sales person and the sales person is OBVIOUSLY not keen to sell it to you. […]
I am doing this post for the umpteenth time..please see all my posts on term insurance, if you want a comprehensive view. By the time a few of us had shouted ourselves hoarse that ‘Term’ insurance is the only product to buy, the brilliant life insurance companies came up with some smart ideas: a. Riders […]
i have done many posts on term insurance. Here is the SHORTEST ONE: buy ONLY term insurance. NO RIDERS, riders are difficult to understand. buy it ONLINE only ONLINE / OFFLINE you are getting the same product, wake up this is a cash flow, so u need it ONLY till your age of 55 years […]
THIS IS A HUMOR COLUMN. THIS IS A HUMOR COLUMN. THIS IS A HUMOR COLUMN. THIS IS A HUMOR COLUMN. Please not this is a column taking a punt at the WORST thing that has happened for the common investor / saver: too many blogs run by too many jerks who do not understand insurance – life […]
This is perhaps the worst possible line that the life insurance industry wants to see….. Why? Simply because the life insurance industry exists for itself, not really for the client. So the industry does not want to antagonize the agent. The agent feels that he is doing the sale, the paper work, convinces the client […]
Read an amazing article on 10 March in a national pink daily on Term Insurance with Return of Premium. ROP as it is called. The author had argued that a Term ROP should not be bought because it is more expensive than the pure Term insurance and hence it should not be bought. This is […]