In five years, life insurance will become a pull product
The insurance industry has seen a lot of changes over the past few years in terms of products, processes and even the way the industry interfaces with customers. In an…
Life insurance: it’s time to lead with accountability
It would be worth a management institute’s case study to find why and how some of the companies backed by global insurance giants have incurred huge losses. When the life…
IPO-bound life insurers can’t count on high value as lapsed policies bring in profits
Life insurers headed for an initial public offering may have to lower their valuation expectations as investors could balk at their earnings that are accruing more from lapsed policies than…
Why low insurance is more dangerous than no insurance
Life insurance is among the favourite saving avenues for Indian investors. Yet, India is grossly under-insured. This is because insurance buyers prefer policies that have a larger investment component and…
How to choose a term insurance plan
In these times of high inflation,Rs 20 won't buy you much. But it is enough to buy Gopal Gidwani a term insurance cover of Rs 49.99 lakh. The 38-year-old Pune-based…
New tax law promotes insurance as long-term savings instrument
Every cloud has a silver lining’ is a common phrase that is used very often. The Union budget 2012 defines this phrase more precisely. As everyone would agree, the budget…
Life Insurance and Astrology
Surprising? Sounds Unusual! Yes although one may wonder what insurance has to do with astrology there is a definite linkage between the two extreme concepts.
Qualitative Market Research in insurance: The need of the hour
Life insurance industry of this country has so many players now. The industry was opened up for private players ten years ago. We now have a plethora of products in…
How to revive a lapse life Insurance Policy?
The Insurance Regulatory and Development Authority has asked the actuaries of domestic insurance companies to develop a new definition on lapsation of insurance policies. This is because different insurance companies…
Life Insurance must do some introspection for industry’s sustainable growth
The sustainability and profitable growth of any industry hinges on the value proposition that it offers to customers as well as the needs of customers it addresses. One must bear…