Insurance
Term, health and life insurance. 6 posts, newest first.
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“Which is the best term plan?” You may not need one
A colleague who knows my interest in PersonalFinance asked me over lunch: "Which is the best TermInsurance plan?" My answer caught him off guard.
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Life insurers are feeling the heat after COVID
LifeInsurance companies are facing the heat post COVID. Over the past five years, they have seen a 75% increase in death claims, while there has been a 25% drop in the number of lives…
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Buying insurance is a nightmare? It doesn't have to be
Recently, I caught up with a friend who was frustrated about how cumbersome and expensive buying insurance can be. Her: Buying insurance is such a nightmare—it’s complicated and costly! Me:…
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Why life insurers oppose removing GST on term plans
LifeInsurers Opposing GST Removal on TermPolicies! At first glance, it seems puzzling: Why would life insurance companies oppose removing GST on term policies? After all, reducing GST would…
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Why customer service is bad: it's profitable
Why Is CustomerService So Bad? Because It’s Profitable! If you’ve ever dealt with a HealthInsurance claim, you would agree with the statement. The process starts with an unresponsive…
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Will GST on health insurance finally go?
Will the GST Council Finally Deliver a Diwali Gift for Health Insurance Policyholders? 🎇💼 After much debate, the Group of Ministers (GoM) has proposed exempting GST on premiums for health…