Monthly Archives: August 2008

Beware of your Insurance Company

Santosh Kumar Chauhan had suffered serious head injuries when a taxi hit him while walking along Ashram Chowk a decade ago. Since then, he had been running from pillar to post to claim compensation. Chauhan thought his battle was over … Continue reading

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IDBI Fortis Life Insurance Begins Operations

As a part of their aggressive 100-branch plan, IDBI Fortis opened their branch in Delhi Today. The branch is located at Pitampura, one of the fastest growing commercial centers in Delhi. The company launched operations in March this year, leading … Continue reading

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Review of your ULIPs that you bought

When equity markets were surging northwards, apart from equities and mutual funds, ULIPs (unit linked insurance plans) were also favourites with investors. For investors, it was another opportunity to ride the rising markets; while for the insurance advisors, ULIPs offered … Continue reading

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Twitter Updates for 2008-08-18

My Stocks & Insurance Channel are tweeting! Adding my Mutual Funds Channel too. Thanks to new followers for the encouragement # Powered by Twitter Tools.

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My Stocks & Insurance Channel …

My Stocks & Insurance Channel are tweeting! Adding my Mutual Funds Channel too. Thanks to new followers for the encouragement

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Look before U-Leap (ULIP)

Ranajoy Sengupta, a senior executive with a public sector firm, got a call from a tele marketer offering an investment plan in which he would need to put in a fixed sum every year for three years and get back … Continue reading

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Insurance Broking in India on the rise

Around 65% to 70% of insurance business in India will be handled by brokers in three to five years’ time, predicts Mr C Radhakrishna, co-promoter with India Insure Risk Management & Insurance Broking Services, which is among the earliest entrants … Continue reading

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Why of Insurance v/s Other Savings

Contract Of Insurance: A contract of insurance is a contract of utmost good faith technically known as uberrima fides. The doctrine of disclosing all material facts is embodied in this important principle, which applies to all forms of insurance. At … Continue reading

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Indian Insurance Sector will witness explosive growth

A growth of over 200 percent is likely to be seen in Indian insurance business by 2009-10 in which private insurance business would grow at 140 percent in view of aggressive marketing techniques,’ said a report by the Associated Chambers … Continue reading

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Glossary of Insurance Terms: Part 2

Endowment Policy The assured has to pay an annual premium which is determined on the basis of the assured’s age at entry and the term of the policy. The insured amount is payable either at the end of specified number … Continue reading

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