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Life Insurance

Thinking of getting Life Insurance? Great. Just don’t treat it as an investment.

In the past couple of years, there’s been a lot of noise about the need for life insurance – everyone’s telling you to get it – from your friendly agent to your neighbourhood bank to all those screaming television commercials. They all remind you of good and bad events in life, make you dream about […]

Traditional insurance plans remain an expensive option: Amar Pandit

Publication: The Economic Times Mumbai; Date: Sep 15, 2010; Section: Personal Finance; Page: 16 THERE is a lot of hue and cry from life insurance companies that unit- linked insurance plans (Ulips) are set to lose their charm. I don’t think so, as Ulips will still continue to pay lucrative commissions for the first five […]

Not insurance, but a savings policy

Publication: Business Standard Mumbai;   Date: 2 November, 2008;    Section: Product Analysis;    Yet another product that defies the basic principle of not mixing insurance with investment. Most insurance buyers forget one simple thing – they should be buying only life, health or any other cover from insurance companies. Instead they lose their focus and buy products, which are completely different […]

All for term, term for all

Publication: BUSINESS STANDARD, Mumbai;   Date: Sep 7, 2008;    Section: Insurance;   With insurers slashing term plan premiums by up to 40 per cent, this is an opportunity for customers to shift from their high-cost insurance policies. The best thing you can buy from an insurance company is – an insurance policy. However, we often end up buying high-cost endowment […]

Get smart, get the right life cover

Publication: The Economic Times Mumbai; Date: Jul 16, 2008; Section: Personal Finance; Page: 19 Scan The Market For An Insurance Policy That Provides Pure Risk-Protection Facility It’s a cool December evening and Arjun Kanetkar, a high-profile insurance salesman, marches into the office of one of his prospective clients Pooja Mistry, a successful entrepreneur in her […]

Cover for children

Publication: Business Standard, Mumbai;   Date: June 1, 2008;    Section: Insurance;   While insurance companies may want to sell child plans on the pretext of creating a corpus, the overall costs are too high to even consider such products.    Atul Sharma, 55, was a very happy man. Just recently, he had bought life insurance policies for his two grandchildren, […]

Do homemakers require life insurance policies?

Publication: The Economic Times Mumbai; Date: May 29, 2008; Section: Personal Finance; Page: 21 Anju Grewal, a housewife in her mid-30s, agreed to buy life insurance after been chased by her cousin. Though she gave in to social obligations, she was not sure whether she should buy the investment oriented insurance policy pitched to her. […]

A pension plan you can do without

Publication: DNA,Mumbai;   Date: August 4, 2007;    Section: Personal Finance;   Page: 6 LICs Market Plus is a losing proposition Life Insurance Corporation of India (LIC) launched unit linked insurance plans (Ulips) much later than its private sector counterparts. And though these products have been in vogue for around five years, the insurance behemoth has only two Ulips as on […]

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