I have been screaming that term insurance is best bought: a. Cheap and therefore b. Online. However the online way of buying is good ONLY for the consumer. Nobody, repeat nobody is interested in this except the consumer. So there is almost a big mafia working against YOU trying to buy TERM insurance, and that […]
Here is a mail from a reader A….a. I cannot profile her, I know not. Assuming she is a typical middle class person…her experience is interesting. Looking for comments from readers on what she should do… “Want to share my experience with the readers and Subraji. 2 years ago I and my husband bought amulya […]
You are a common man and wish to buy term insurance. You read subramoney and decided R company’s premium is the lowest and so you decided to buy from company R. Now comes the fun. You meet a person who charges you for advise (so you know you are paying him), but unknown to […]
Every channel, magazine and blog tells you to buy Term insurance…right? Now the industry is much, much smarter than the customer – so they have come up with many, many variants of term insurance! More about that later…but let us see what gives you comfort: 1. Buy term insurance on the net: it is the […]
When I wrote in 2006 ‘you should take a term life insurance of Rs. 1 crore’ many people wrote to me saying: – he must be a life insurance agent – this is not for the middle class…how can we pay thousands of rupees premium? – if we put all our INVESTMENTS in life insurance, […]
When most of the people in the financial education business tell you “take term life insurance” people do understand. However, the industry is very smart. They come out with derivatives of the good product and create toxic products. So while term insurance is good, there is a derivative called “term insruance with return of premium” […]
I keep getting this query: “I am 31 years of age, have a 2 year old kid and planning one more in 4 years time. My wife is currently working, but may drop out of the job market at least for a few years..I have a Rs. 1 crore policy which I took when I […]