Nilesh was an unusual customer to me for financial planning. He wants to get a financial plan ready almost 6 months before his marriage. Nilesh aged 28 is the true representative of the new generation, who want everything to go as per the planning. I discussed with him his major financial goals. Getting married in […]
We are in the Life insurance season, where we will be getting maximum sales calls from agents with very attractive offers including tax benefits. Your bank also will be pestering you to take policies, because most of the banks are now distributors of insurance and mutual funds. Almost 70% of the life insurance policies sold
4 months back, my friend lost his father .He was suffering from liver cancer detected almost 6 months back. He was aged 54. My friend called me yesterday and informed me that LIC rejected the insurance claim. I asked him the reason for claim rejection. His father used to drink minimum 3 pegs of alcohol
My friend Nikhil called me recently to enquire about a free offer. He got an offer of 1 Lakh health insurance free while signing up for a new credit card. I told him to ignore this. Though he is having enough cards, he opted for a new one just to avail this free offer! When
In 1998, I was with LIC of India as Assistant Branch Manager and I was in charge of death claim investigation. We have to do this investigation in respect of all death claims, happening in the first 2 years of the policy. When I met a widow for a claim investigation of a policy, she
Personal Finance – First Aid Kit for your family Read More »
