Right Life Insurance: Perception vs Reality Perception is reality! Life Insurance sector is no exception to this fact. So how is life insurance perceived by the general public? It is not an understatement to say that a vast majority perceives life insurance as a complex product and often time does not have a good understanding of what they need. Many people are still grappling with basic facts of life insurance, what it entails and how it is different from other financial products. Life … [Read more...] about Spreading Awareness – Getting the Right Life Insurance
On the back of my first post ‘Term Insurance First…………then the Rest’, thought it would be good to take the journey ahead in spreading awareness on life insurance, by sharing ‘Reality bites’ from my interaction with families who have seen the loss of a bread-winner. It’s an immensely mixed emotion, on the one side it is sadness and empathy (for the loss & challenges faced by the family) and on the other side it is one of admiration and pride (for the family moving ahead with life and seeing … [Read more...] about Reality Bites: Bread-winner Lost to Dengue
Hi Sunshine! It is an interesting age that you are growing into… opportunities to disrupt the world around you, technology evolving like never before and the power to explore & experiment. Is the life today any easier, definitely not! We were naïve kids when we were growing up… you, my sweetheart, are already en route to Smartsville! But it is exciting, isn’t it? I find you exploring as you grow… you wanted to be a fairy princess last weekend and then the same evening you were keen to … [Read more...] about An Open Letter to my Daughter
Insurance has become an extremely competitive market! While there are several players, customers are increasingly becoming aware about what they need. They are now seeking a more individualized experience and if you cannot provide it, rest assured they will find another company that does. So, how do companies find ways to address the ever-increasing customer needs? While the adoption of new technologies might have been slower than desired initially, the Indian insurance sector is certainly … [Read more...] about Machine learning is the future of insurance and customer service
We often scroll through or share messages on social media walls about showing empathy towards those battling with cancer. Instinctively, we pause and pray for strength for the one suffering from the dreaded illness and for their friends and family who suffer along with them. However, being unprepared for cancer is not only about emotional strength; the reality of cancer diagnosis hits with financial repercussions as well. It may sound too pragmatic, to be prepared for a disease like cancer … [Read more...] about Essentials for choosing a cancer insurance plan
While you order your favourite food online, binge watch your favourite shows, and scroll through your social media feed, did you take a breather to think about your future? Take a moment, answer these 10 questions to find out if you are prepared for what tomorrow will bring. GIF Source : Giphy … [Read more...] about How good a planner are you for your family? Let’s find out.
Insurance is not about investment and returns. It is a tool for protection and it should be perceived in its true and correct form. Martijn De Jong You Only Live Once, more commonly known as YOLO, is a funny concept. It makes people do extremely adventurous and sometimes ridiculously reckless things. While living in the now is perfectly okay, shouldn’t you be more responsible when it comes to your future if you live only once? Andy Rooney, an American author, and journalist had said … [Read more...] about Why life insurance is a must for long-term financial security
Recognizing the concerning underinsurance in India, Aegon Life Insurance took a unique approach to spread awareness about the need of right insurance. With an active participation of Aegon Relationship Connect – an established and accredited distribution vertical – interacted with employees of at least 20 companies across 9 cities – Mumbai, New Delhi, Pune, Hyderabad, Bangalore, Chennai, Indore, Nagpur, and Kolkata. The insurer partnered with engage4more to interact with young corporate … [Read more...] about Aegon Life Insurance takes responsibility of spreading insurance awareness
Life insurance buying is fairly simple! You might have been told otherwise for years, but I assure you it is not all that complicated. Traditionally, Indians bought a life insurance policy after consulting with a third party advisor. They trusted the advisor enough to help him make the right purchase decisions. However, the life insurance buying patterns have seen a shift in recent years. The consumer today is more equipped and informed to make his own decisions. Why then, do they continue to … [Read more...] about Be your own life insurance advisor
We were visiting a friend’s place a couple of days ago to seek blessings of Lord Ganesh installed in their home. Once the Aarti was done, we retired to the living room to catch up over coffee and modak. “Nishit made them, so do divert all your compliments to him,” my friend proudly announced. I marveled at the culinary skills of her husband and helped myself to the yummy sweet. As we chatted on, “the men” got talking about the price of real estate in Mumbai, stock market prices and so … [Read more...] about Be financially SINGLE!