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
basics of life insurance
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
Why Not to Buy Life Insurance !
“To save tax.” These three words sum up the reasons why Rajiv Kashyap pays a premium of Rs 1 lakh for the seven life insurance policies he has picked up in the past nine years. They are all random picks across the many types of life insurance policies : two money-back plans, two endowment policiesRead More
How to Choose a Good Life Insurance Agent ?
Finding a good life insurance agent is like buying onions and potatoes these days – they cause a hole in your pocket and more often than not, they are not upto the mark. If you want to get your dish right, you need to select your veggies carefully – similarly, if you want to getRead More
Will Life Insurance Company Pay Death Claim?
I was prompted to key this on reading the news that HDFC Standard Life was fined by the insurance regulator IRDA for denying death claim in life insurance settlements. The news is an eye opener in the sense that it shatters your belief that your insurer will dole the payout to your family when youRead More