One of my clients Prabhu (name changed) called me over the weekend to understand whether I being his financial planner, could fill in his life insurance application forms for him. While I had to convince him that I would like to do something better, his next question left me breathless. It was “Why can’t theRead More
Insurance
How to claim car insurance?
Owning a vehicle is no longer a ‘neighbor’s envy, owner’s pride’ thing anymore in India. It has become a basic necessity in life. However, your vehicle could meet with an accident at any point of time. To cover your risk, you need to ensure you have taken car insurance, also called auto insurance, motor insuranceRead More
All about Critical Illness Insurance
So here is the scenario which helps me drive home the point about the importance of critical illness insurance policy in India. Suppose you are hospitalized with a major heart attack and your spouse is told by the doctor that you need to be operated upon. Big deal you think, you have health insurance orRead More
Dates to Remember in a Life Insurance Policy
The buck does not stop after you have purchased a personal finance product. Be it a life insurance policy, health insurance policy, an FD, a stock or a mutual fund, there are some dates that you need to keep in sight otherwise you will miss on important landmarks that can render your holdings useless andRead More
Who Should BUY Life Insurance ?
Have you ever been confused as to whose name you should take a life insurance policy on ? You argue that it is for the future of your family, wife and kids, so it needs to be on their name. And you think that it’s really a no brainer as to who should buy lifeRead More
Viral Infection is Not a Material Fact in Life Insurance
Viral Infection is Not a Material Fact in Life Insurance and here is another case of how an insurance claim was settled so late in the day. It so happened that in 1992 and 1994, husband of a certain Mrs Surekha Mankar took two life insurance policies from LIC. In 1995, the husband had aRead More