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 »
“Beware of little expenses. A small leak will sink a great ship.” You can stop scratching your head now ‘cos we’re going to tell you who said that. Why, it’s Benjamin Franklin, of course! Franklin could have as well been talking about spending on insurance policies. On an annual basis, the difference in premium between… Read More »
If you’ve ever sat for hours in front of a Las Vegas slot machine plunking in coin after coin and waiting for those four 7’s to ching-a-ling into view, you know what it’s like to keep paying premiums towards your term plan without ever seeing a penny in return. Why then do people buy term… Read More »
Choosing an insurance plan is like ordering with friends at a restaurant – the most popular person’s choice prevails.You perhaps do your own research, but end up choosing a plan that your friend has purchased. Does this sound like you? Well, it’s a golden rule of investing that what’s good for your friend may not… Read More »