This is a sad example. And of a close relative of mine. Without disclosing the real identity here, I hope this example can help convince those - who still have doubts about having a big enough life insurance cover. Almost…
Read More Real Life Example – Tragic Consequences of being Under-Insured
Shouldn’t you just be bothered about getting you and your immediate family’s life and health insured? Ofcourse you should be. Immediate family comes first. And you don’t want to leave their health and post-your-death-family-expenses to chance. Isn't it? So definitely,…
Read More Why you should convince your Close Relatives to get Insured too?
Is life insurance a good investment? If you want a one-word answer, then its NO. Life insurance is not an investment. Period. Comparing insurance and investments and trying to pick either of two (or combining them) - is one of…
A reader had a very specific question in Personal Financial Concerns Survey 1.0. It was about calculations related to life insurance amounts. This is what he had to say: In past, I have bought insurance policies for saving taxes and…
Read More How much Life Insurance to Buy & How To Calculate the Right Amount?
I have always been of the view that it’s wiser to keep investments separate from insurance. And that means sticking only to plain-vanilla term insurance plans instead of moneyback endowment policies. Buying term insurance is very important to fulfil your…
Read More 4 Common Mistakes to Avoid while Buying Your Term Insurance Plan
This post is inspired by Rohit’s brilliant post on how to manage your money. I am borrowing a few of his ideas & adding a few myself. Never depend on just one source of income. Save at least 20%…
The perfect business. Is there such a thing at all? Do you know of a business which might qualify as a perfect business? Oil? FMCG? Trading? No... these may be good businesses, but there is one which is much better. And…
