The next time you set out to buy insurance and find your eyes glossing over reading the policy wordings and lengthy contract clauses, remind yourself of what happened to Sumit Diwedi. Sumit Diwedi (44) now regrets the day when he believed the insurance advisor who told him that all diseases will be covered under his… Read More »
Ever sat in front of a slot machine in Las Vegas and had the fancy thingamajig spew out your future winnings by just willing it to? Well, you have something that comes close in the world of insurance. And, it’s called ‘Loan against Insurance’. In these days of three-in-one and four-in-one plans, financial products too… Read More »
A life insurance policy assumes great importance as it offers risk cover on the life of the individual being covered in the policy. It may be the only source of income to the beneficiary on the death of the policyholder. For this reason, settlement of claims in a life insurance policy becomes critical. There are… Read More »
Amitabh Bachchan immortalized the ‘Phone-a-friend’ option in his blockbuster television show Kaun Banega Crorepati. To participants groping for answers, this usually came as a much-needed lifeline. What wouldn’t you give to get help similarly with the myriad questions about insurance confounding you? Well, we don’t have a Phone-a-friend option but we sure do have… Read More »
Foodies know exactly what they want and will travel as far as it takes to get that yummy dish. The Momos have to be exactly the right kind and you know the perfect place for them, no matter what anybody says. When it comes to Insurance, there are certain things you don’t need to think… Read More »
Well, when we conversed with him, Mr. Confucius was confounded when confronted with the conundrum of Financial Planning. Confused? Let’s face it. It was a different world then. Insurance as a product probably didn’t exist (if you don’t count daylight robberies); so, checking your life insurance options was probably unheard of. Land was conquered, not bought using loans;… Read More »
“I am thinking of starting an EMI with my first salary for an upcoming apartment. So that, 5 years hence, I will have my own house,” remarked Bhola to his neighbor Mr. Kent, who is a financial advisor. “But, you already have a home, Bhola. What will you do with the new one?” asked Kent.… Read More »
Internet – the greatest utility to mankind – has revolutionised the way we think and seek information. But it is subject to both adulation and criticism. Yes, the Internet cannot teach you how to find a needle in a haystack or count the drops in the mighty ocean. But, help you in buying insurance? That… Read More »
The birth of a child brings immeasurable joy to parents. However, after the initial euphoria subsides, the future expenses start staring at you in the face. Add to this the innumerable ads on TV and print media, and you’re left with only one choice: buy a child plan. That’s the beginning of your second problem… Read More »
When it drizzles, a hanky over your head probably suffices. When it pours, you probably pull out your umbrella. But, when it is pounding, you’d better pull on your rain-sheeter and scramble for the nearest cover. Insurance is no different. Here are some good God-given reasons why you’d re-evaluate how much cover you need. Increasing… Read More »