PayTM Karo has captured the imagination of Indians. So while 200+ million Indians are already registered on their platform, selling them financial services is a big challenge. Here are the challenges that I perceive for the Paytm Payments Bank. Financial Behavior Financial decisions is a deeply personal behavior thing. Improving financial behavior with technology is an… Continue reading How Paytm Can Sell Insurance to 500 Million Indians
We woke up to a shocking news recently. A jovial society member, just a few years elder to me, had succumbed to cancer. It came as a shock because we didn’t know about cancer afflicting him six months ago. We learned that six months back, he complained of a sore throat and he didn’t take it… Continue reading Did you secure your family’s future?
LIC, India’s most trusted Insurance brand, is launching a policy on 16th May, 2017 that has attractive benefits in the world of reducing interest rates. At the end of the premium paying term, LIC is guaranteeing you to get 8% of the sum assured every year. This plan is similar to Jeevan Tarang (178) Plan which… Continue reading LIC’s Jeevan Umang Guarantees 8% of Sum Assured as Survival Benefit
Sandeep and Shilpa are a happily married couple blessed with a baby last month. Like any other parents, their top most priority is to start investing for their child’s future. At this time, one of Shilpa’s friends suggested her to go for children insurance plan. Shilpa wanted to know about this in detail as it… Continue reading Top 10 Child Insurance Plans of India
We answered a reader question about which term plan is better, LIC or Private Insurance companies where we say that going for the cheapest is the best option. Today, Insurance sector offers you wide range of varieties to cater your insurance needs. Term insurance plans can be chosen on the basis of your need, riders… Continue reading Top 10 Term insurance Plans in India
Let’s get the concept of insurance first. Insurance is a contract of good faith between you and the insurance company. Both you and the company have responsibilities. Of course there are service issues, claim repudiation data, etc. But the service issues are not quantified as yet. And the claim repudiation data is not conclusive enough… Continue reading Which Term Insurance is Better, LIC or Private Insurance Companies?
“Death of Policyholder patient due to Malaria after Mosquito Bite is an accidental death and hence Insurance Company is liable to pay the sum assured.” In an interesting Case of National Insurance Co. Ltd. V/s Mosumi Bhattacharjee, (R.P. No.1270/2016), a question came before the National Commission to decide whether death of a Policy holder due… Continue reading Death from Malaria is an Accident