What ails the life insurance industry today? Well the biggest worry is lapsation. They have other worries too – like the Swarup committee report, the small ticket size, the poor public image, the lack of communication skills in the sales force…but clearly the biggest worry is lapsation. It beats me completely as to how an […]
http://www.subramoney.com/book-written-by-me/ Surely when somebody approached Mr. Dinanath Shinde and Mr. Afzal Maknejia for buying life insurance, they must have said: a. I do not need life insurance or b. At my level I cannot afford life insurance. Agents hear this day in and day out. Little did they realize that a drunk Nooriya Haveliwala would […]
On the 1st of Jan 3 wise men came on a television channel and spoke about investing. Obviously they are very wise and they have a role to play when they come on television. One was the head of a big life insurance company, one was the head of a brokerage firm, and one was […]
The idea of life-insurance will probably first come your way when you are planning your tax returns. That’s how it is for most Indians – insurance is a tax saving device. Well, there is a lot more to life insurance that it pays to know. Let’s begin by looking at every step of getting insurance. […]
There are many signals which are likely to confuse you about bear markets and bull markets. Unfortunately the market does not ‘pre-announce’ the start and stop of ‘bull’ and ‘bear’ markets. You need to look at signals – monetary, philosophical, psychology, and physiological! You could look at how people behave, what they say and what […]
Year: 2009 Month: July Mr. C B Bhave abolishes mutual fund loads. This event of abolishing loads by SEBI (on the mutual fund sales) there is increasing pressure on other regulators to reduce charges / fees. So the following scenario can emerge: IRDA has decided that all life insurance products – term, unit linked insurance, […]
This article first appeared on the utvi.com web site – written by the famous anchor, Mr. Vikram Oza. It kind of explains the relationship between risk and return. The stock markets are risky business. At least that’s the line most people who didn’t park their money in Dalal Street have maintained. But on the flip […]