I did not realise how big is the menace of mis selling till I spoke to a few bankers. Given the aggressive targets that these kids have, misselling has reached enormous heights. I would dare say that almost all the selling is mis-selling unless it is term insurance!! Not sure how many people in the […]
Just because one is angry with an insurance company, one cannot decide to live without insurance. Not just life – health, car, event…….it is an essential tool of business. Here are some reasons why you need insurance. Insurance – Life or General is largely about answering some questions like “What if….goes wrong”? The fundamental […]
Many people may not have heard this. Of course many would have heard this, but may not know what it means…so here it goes! When you earn a certain amount of money – all of that does not come to you. Some of it goes off as profession tax, income tax, insurance, provident fund….etc. […]
Too many times we have screamed that the BFSI space is customer unfriendly….let us see what we can do about it. More importantly, what the IRDA should do: 1. They should be allowed to sell ULIP ONLY to a person who already has a term insurance of Rs. 10,00,000. 2. When they are selling to […]
For all those people who believe in the power of the mind, visualisation, ..etc. it may not come as a surprise to know this! If you are scared of money, or treat money badly, chances are you will not HAVE too much money. If you have borrowed in the past – or even worse if […]
Third in this sad saga of a lousy salesman. “Subra I wish to pay Rs. 60,00,000 as premium for a life cover of Rs. 6 crores – Rs. 4 crores for me and Rs. 2 crores for my wife. The beneficiary should be my kids. Me: Noble thought – glad to meet you regarding life […]
I think there are about 30 Indias (yes I mean it in plural). One set can buy 3-4 Mercs and one cannot buy a Merc poster. The utter poverty in CITIES is to be seen to be believed (at 4am if you see a scavenger look for food near the dumps of small time hotels, […]