Create knowledge
[?]
|
(rate this)
|
1
educate the public
2
Need Analysis
 |
Srinivasan
| Supported idea
"educate the public"
| 2 years ago
|
|
Rightly said........Educating Public about Insurance will create a different perception as another investment option. Offer options to chose from.
|
|
 |
MAKRAND BOBADE
| Supported idea
"Insurance is NOT an Investment but a way to hedge risk of cashflow/investment."
| 2 years ago
|
|
Insurance should be sold as Insurance.Purchaser will buy it as an Insurance Product. This Ideal event will happen only when an Advisor will take pain to explain what Insurance is all about Buyer will patiently listen and understand it....
|
|
 |
Niranjan Meena
| Supported idea
"educate the public"
| 3 years ago
|
|
I agree to Nishant and John, education is the best way out to change the perception of people. Education will make them aware of the benefits and need for insurance..
|
|
Ideate: "How to change the perception of customers from insurance to investment..??" deleted from your view.
|
(rate this)
|
|
Yes
|
7
|
VS |
3
|
No
|
 |
Dushyant Hada
| Argues in support of
"Yes"
| 3 years ago
|
|
Yes why not, but remember its insurance not investment. Agent must sale insurance and by thsi he can thrive in even bad economic condition
|
|
 |
Susanta Panda
| Argues in support of
"No"
| 3 years ago
|
|
i can't agree with amit's comments and Media is showing what is happening right, and they are showing what will happen if recession continues and there is nothing wrong in it, just because that people are not scared, because they have lost their...
|
|
Debate: "Can Insurance agents Really Thrive In A Down Economy?" deleted from your view.
|
(rate this)
|
|
Yes
|
2
|
VS |
2
|
No
|
 |
Himai Malakar
| Argues in support of
"No"
| 3 years ago
|
|
I think my friend here is becoming emotional by not seeing the other dark side of the coin. If one insurance company is insuring any M A then if by chance some things go wrong in the scheme then the insurance would the biggest looser in the game.
|
|
|
|
Susanta Panda
| Argues in support of
"Yes"
| 3 years ago
|
|
I think it is the best option for max. revenue collection. The companies can become billionaire by just ensuring one M A scheme.
|
|
Debate: "M&A Insurance" deleted from your view.
|
(rate this)
|
|
Yes
|
8
|
VS |
2
|
No
|
|
|
Amitkumar Vaidya
| Argues in support of
"Yes"
| 2 years ago
|
|
Yes. The life insurance in particular is busines of liabilities and it requires the continuos cash inflow which is vital point for the insurance company and the return of the investment. The company will have to choice either to increase their...
|
|
|
|
Susanta Panda
| Argues in support of
| 3 years ago
|
|
I think I am on a completely different track in this case. Companies would actually grow with M A the best example which I could give is of TATA-AIG.
|
|
|
|
Dushyant Hada
| Argues in support of
"Yes"
| 3 years ago
|
|
Yes, why not? Every M A bring oportunity to all stakeholders. be it companies as they got synergies, reduced infrstructure cost etc or be it client as the got better services, good reach etc. Beside this its a great toll to grow inorganicaly
|
|
Debate: "Mergers and Acquisition in Insurance company" deleted from your view.
|
(rate this)
|
|
Yes
|
2
|
VS |
5
|
No
|
|
|
lavanyavuppuluri
| Argues in support of
"No"
| 2 years ago
|
|
yes for insurance companies that is true. My point of view is from corporate who provide insurance to thier employee. For this financial year- we have seen few companies- They will insure their employees at lesser premium- either by those two...
|
|
|
|
Susanta Panda
| Argues in support of
"Yes"
| 3 years ago
|
|
I think due to recession hospital industry is getting more affected people who used to be in hospital for treatment have reduced their duration of stay in hospitals and that has affected the cost or the hospitals as well.
|
|
|
|
Niranjan Meena
| Argues in support of
"No"
| 2 years ago
|
|
What I believe is, when the companies are already struggling at the time of recession, how can they reduce premiums in medical insurance which is one of their source of Income. Also, they have to collect the medical insurance amount before the...
|
|
Debate: "Recession and Medical Insurance" deleted from your view.
|
(rate this)
|
1
Reduces Future Profitability
2
insurance should be done in good time when we dont need it
 |
vishab veer singh rana
| Supported idea
"insurance should be done in good time when we dont need it"
| 3 years ago
|
|
i believe insurance should be done at a time when require it least.because at that time when we dont require it.is a best time to take by which we can make sure that in any future troubles.we would not be sufferred with any trouble in life.so...
|
|
|
|
Susanta Panda
| Added idea
| 3 years ago
|
|
I feel life companies that have a large proportion of assets in equities or strayed too far down the credit curve could be facing difficulty. The recent plunge in equity values will greatly reduce the future profitability of separate account variable...
|
|
 |
Malik Abrar Altaf
| Supported idea
"Reduces Future Profitability"
| 3 years ago
|
|
yes definitely the present economic crisis will reduce future profitability , but not only for firms or industry-vide, but from the consumers point of view. as we know that most of the population in india which is insured contains irrational...
|
|
Ideate: "How Is the Financial Crisis Impacting the Insurance Industry?" deleted from your view.
|
(rate this)
|
1
Find your Human Life Value first..
2
HLV AND NO BONUS CONCEPT
|
|
Badarish
| Added idea
"Monthly Family Expenses"
| 1 year ago
|
|
E.g:Mr.Raju aged 40,working in MNC and his wife Rekha housewife 35,their monthly house hold expenses is Rs50000/- out of which Raju spends Rs15k on himself.Raju were expected to live till 70 and his wife till 75, How much does Mr.Raju needs to be...
|
|
|
|
Susanta Panda
| Added idea
| 3 years ago
|
|
This is the most important factor for a middle class family. Payment of insurance premium results in an outflow of disposable income. You may, therefore, not like to buy too much insurance. One might have to limit the quantum of insurance keeping in...
|
|
 |
V.Chandramouli
| Supported idea
"Find your Human Life Value first.."
| 2 years ago
|
|
Even though I agree with human life value, but one must also assume the capacity to pay. Say for eg. I want to cover for a crore S.A. but my annual income is around Rs.1.5 lac how is it possible? I have to cover up my basic needs and daily...
|
|
Ideate: "How much insurance you need?" deleted from your view.
|
(rate this)
|
The Indian life insurance industry is rapidly evolving and has emerged as one of the fastest developing emerging markets for life insurance in the world. The industry has become fiercely competitive with the entry of the private sector companies, including major multinational insurers, after sector deregulation. It has opened up a range of untapped opportunities for the new entrants into the industry, as the potential market for buyers is high since India has a low insurance penetration and high growth rates. Also, India has traditionally been a high savings oriented country with a large middle class that can afford to buy life, health, and disability insurance as well as pension plan produ...
Trends: "Tata AIG expands network aggressively" deleted from your view.
|
(rate this)
|
|
|
Susanta Panda
| Answered
| 3 years ago
|
|
Nearly every state in the country has in place a statue that affords some protection to volunteers serving nonprofit organizations. Laws differ from state to state. Among the common elements are the following limitations on whatever immunity the...
|
|
Answer: "If we’re covered under the Volunteer Protection Act, why do we need to purchase D&O insurance? " deleted from your view.
|
(rate this)
|
I want to know what all insurances should a new business take befre starting up or at the tim eof start up. Also tell me which companies are the best for taking up that insurance.
 |
Vinod Chaudhary
| Answered
| 3 years ago
|
|
Here are some of the basic types of business insurance that you should take: Property and liability coverage. You never know when a fire, flood, or other natural disaster will strike. Property and liability insurance will also shield you from...
|
|
Answer: "What all business insurances are needed for a new start up?" deleted from your view.
Follow me on
