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Topic : life insurance
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Secure the future - Insurance

 
Started by : Abhinav Nigam, Actuary Manager, Reliance Life Insurance   09 21 2008 21:17:14 +0000
Industry : InsuranceFunctional Area : Growth(Strategy & Execution)
Activity:  115 views;  last activity : 07 06 2010 20:18:09 +0000

According to you what would be the best tips for saving money in life insurance.

 
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1 2 3 4 5
1 Double Accident Benefit
2 fundamental of insurance
3 Wole life insurance
4 Critical illness
5 HOW ABOUT GOING FOR NEW LIFE INSURANCE COMPANY OFFERS ME UP TO 80 YEARS
Ideas in: "Life Insurance"

Double Accident Benefit

idea posted by Aditya Sharma Insurance Advisor/Analyst, LIC OF INDIA, ICICI LOMBARD

In the fast paced life of today, this benefit is of paramount importace because accident is something which can happen any time and anywhere.So this benefit should be emphasized more.We are not saying that every proposer is going to die. But insurace is for risk covering and this is a very big risk.

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by Ajay Ziz, Dy. Registrar,, University of Jammu  | 05 26 2009 07:38:50 +0000

just sell policies and take commission .

thats the best you can do .

argument karne ke liye logic chahiye

1
  

Ajay Ji,

I simply don't want to fall into an argument. It seems you are thoroughly confused. And needs an open mind to understand what others are saying and do not get boged down by your own whimsical ideas.

Good Luck

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by Ajay Ziz, Dy. Registrar,, University of Jammu  | 05 25 2009 09:45:23 +0000

brother sharma faith cannot be quantified in terms of money.

faith is a realm beyond profits of capitalists / companies/employees.

please for heavens sake avoid using this bullet called faith, let it be the personal property of poor like me

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fundamental of insurance

idea posted by Ajay Ziz Dy. Registrar,, University of Jammu

so many insurance companies, so many associated employees ,are feeding themselves just by

 

....." exploiting the fear of death present in a common man ..."

jab tak dar hai , insurance companies ki tijoriyaan full hain.

 

so we should all fear.

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by sujit Kumar, Marketing Manager, Wipro Peripherals  | 06 12 2009 09:44:28 +0000

The way of speaking clearly tells the pain existing in contemporary society.

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Mr Ajay, I like your bluntness.

But don't you feel that life insurance is not for us to die, but for them who are left behind us to live without our support?

Jai ho.

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Wole life insurance

idea posted by Abhinav Nigam Actuary Manager, Reliance Life Insurance
Whole life insurance is designed to provide cover for the policyholder’s life and pay out a lump sum whenever you die. With whole life insurance your beneficiaries are guaranteed a cash sum when you die. Whole life insurance is generally more expensive because the insurer will definitely need to pay a cash sum when you die and premiums normally need to be paid up to a certain age e.g. 70 years. Term assurance tends to be cheaper as it provides life insurance cover for a fixed term only. Depending on the type of policy taken there may be a cash-in value of the policy if it is stopped for any reason.
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by sujit Kumar, Marketing Manager, Wipro Peripherals  | 06 12 2009 15:59:46 +0000

This is a quite valid point .. thanks for sharing..

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Critical illness

idea posted by John Rajesh Actuary Manager, Tata Aig Insurance Solutions
Critical illness cover is an additional benefit that can be added to your life insurance policy. A lump sum is paid on the conclusive diagnosis of a critical illness such as cancer, a heart attack, multiple sclerosis or a stroke. Adding critical illness cover to your life insurance policy will cost you more; however, you need to weigh up the extra cost against the benefit of getting a lump sum payment in the event you or your partner is unable to work. You can also save money by combining your life insurance and critical illness rather than taking out separate policies. It’s important to check the level of critical illness cover, as most critical illness policies only cover a limited range of cancers, not all.
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HOW ABOUT GOING FOR NEW LIFE INSURANCE COMPANY OFFERS ME UP TO 80 YEARS

idea posted by SIVARAMAKRISHNA.M B.D.M, GLOBALB2BSO;UTIONS

HI GUYS,

TELL ME GOING FOR A NEW COMPANY WHICH IS OFFERS ME UP-TO 80 YEARS,

WHICH THEY START WITH 3 YEARS - 80 YEARS.

THANKS & REGARDS

SIVA RAMA KRISHNA.M

 

 

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