Life Insurance

In the previous article, we discussed about what you should not do while purchasing a term life insurance. Why you should not purchase term insurance cover till age 85/99, why riders should not be included in term insurance etc. If you want to read the article- You can read it here. Also Read: How to […]

People have started realizing the importance of term and health insurance after the current crisis of COVID-19. When people search for term insurance, the first question which comes in everybody`s mind is whether my term insurance claim will be settled if some unfortunate event happens to me. There are other questions too like Till what

I had a dream of writing a book on personal finance in simple language and give it free to all as an eBook. Idea is to reach out to the common man which can help him in taking informed decision while investing. It will be in simple English without technical jargon so that anyone can

Last month, there was a tragic death of one of the insurance agents in an accident. He was an agent for the last 10 years and was earning good commission. He was aged 43 and is survived by his home maker wife and 2 daughters. Everybody thought, he will have a good insurance cover being

I have many friends in Tier-II and Tier-III cities. Whenever I meet them, we discuss old stories, school/college days etc. One day we were having discussion about our professions. When I told them that I am a financial planner, everybody started asking me about the best mutual funds to invest in. I asked them the

In the years 2009- 2011, insurance companies came with an innovative product named as highest NAV (Nest Asset Value) guaranteed plans. Innovation of the product was agents centric rather than being customer centric. Agents were given high commission and the policy was sold as ULIPs with equity like returns. The product seemed to be best

Term Insurance policy is an excellent way of covering life for high values at an affordable rate. In India, these policies are not popular. Some private life insurance companies are charging only 50% of what LIC charges. Competition has helped in reducing the premium rates. You have to log in to the website of the

Recently, one of my friends died due to accident. Arun was just 35 and was working for a software company in Bangalore. He is survived by his home maker wife Aarthy aged 30 and 2 kids aged 7 and 5. He used to contribute 1 Lakh per month for the family. His monthly cash flow