Tag Archive: Insurance

Term Insurance – Don’t Delay Further

Term-Insurance-Dont-Delay-Further

“Tum Term Insurance Lena Bhul Gaye, Ab GharKa Kharcha Kaise Chalega”

Quote from one of the recent TV Ad campaign on “Term Insurance Cover”; a lady is seen cursing her dead husband, on not buying a “Term Insurance Policy”, even though they (both) had decided to start same.

We Indians (I’m also included), believe in the fact that “Accidents” or “Death” is a wrong word and one should not get involved with same, in any context. Therefore, buying a policy to cover only death, that too without money-back, makes no sense 😉

(more…)

December 9, 2017 Insurance, , , 0 Read more >

My Dream & What I Do

dreams

Well, it’s not my story, but “OUR” story, as I am no different than any one of you, with regards to how we all think or “DREAM” & how we act.

In this blog, I want to highlight interesting insights, on what most of us dream about, when we save our hard-earned money, and finally what we end up doing or our decisions on same. We conducted a small survey and asked basic questions on savings & purpose.

On Savings, it’s interesting, as well as surprising to know that, young one’s (below 30) are thinking on higher savings compared to seniors. Wow!

And, in terms of Purpose, brands which play important role in our daily life, comes later, compared to future savings like retirement & kid’s education. Excellent!

We score 100 out of 100, on our Dreams.

(more…)

March 31, 2017 Financial Planning, , , , , 0 Read more >

Insurance in India; what it means? – Investment series 2

Insurance

A recent survey conducted by an international agency on India’s financial literacy:

  • 67% of the Indian prone to think insurance as investment

  • ONLY 7% people have taken term insurance, out of all who pays insurance premium

  • ONLY 5% of people have health insurance

  • 92% people after their retirement depend on the children and 8% who plan for retirement, 61% of them resort to insurance as retirement plan

(more…)

July 29, 2016 Insurance, , , , , , 0 Read more >

Financial Planning – another investment selling pitch ;)

Financial Planning is not just Selling products

Yes, very true, this is exactly what everyone thinks in India, whenever we hear the term “Financial Planning”.

Since the day I have started my venture in similar field and my interactions with my near & dear ones to promote same, reactions have been quite similar, i.e. they perceive my pitch as another advisor in town, who wants to sell investments (i.e. Insurance or Mutual Fund). And all most all of them have replied back (though without hurting my feelings), that they will call back once they have funds in hand… 😉

As a matter of fact, my own experience of last 15 years in capital market & my recent venture, where we have registered more than 1500 customers for Financial Planning, most of them or rather 99% of them, relate the term “Financial Planning” to “selling new investments”.

(more…)

February 9, 2015 Financial Planning, , , , 0 Read more >