Come 1st October 2016 and you will witness 2 big changes – Mutual Funds Commission Disclosure and E-Insurance. These two changes will change the way these two industries work. First, it is mutual funds where the commission of distributors will get disclosed to their clients.
I have received numerous queries on online term insurance and every query seems to suggest that there is some confusion regarding this product. Most buyers are not very clear on the process and there is a good amount of apprehension on the claim settlement. Many agents too participate in spreading the confusion, knowingly or unknowingly, […]
Recently Insurance Bill was passed in both the houses of the parliament. The expectation has risen since then that the services for the consumers will improve and there will be much more accountability. Considering the wide spread miss selling in this segment and the role of intermediaries it will be interesting to see to what […]
January,February and March or JFM is considered to be a tax planning season. Most of us who have missed out in this financial year will plan for investing our money for tax saving in these last three months of financial year. But year end tax planning is an also an exercise where we commit mistakes. Not […]
While buying health insurance policy we generally look at the benefits like hospitalization cover, sub-limits, company history, claim settlement etc. Surely these are important factors and first in priority for selecting a good health insurance scheme. But there are and with time insurance companies are introducing benefits which are beneficial to policyholders.