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QnA Thursday (Motor Insurance)
Welcome to the Episode: 21 of QnA Thursday. Today’s question is: Is it advisable to buy two term plans? If you’ve any other questions pertaining to insurance, feel free to comment on this post and we’ll try to answer your questions. Sign up for Mintpro at https://bit.ly/2NcQFla and start selling insurance today! Follow us on…
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Difference Between Top-Up Plan and Super Top Up Plan in Health Insurance
Health Insurance policies are effective in ensuring that you are financially covered in the event when you are faced by a medical emergency? However in current times when medical costs are growing a medical insurance plan alone may not be sufficient and a back-up plan may also be required. Consider the following example before we…
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Top common causes of road accidents in India
Every day, hundreds of road traffic accidents occur across the country. In fact, statistics show that In India, more than 150,000 people are killed each year in traffic accidents. That’s about 400 fatalities a day, many of which are preventable. Road accidents occur for a variety of reasons. Here are the top common causes of…
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Things you need to know about Nomination in life insurance
What are the things you need to know about nomination as an insurance agent? As a qualified insurance agent, a lot of your job depends on how well you can educate your client on insurance specific topics. Like for instance, what is nomination with regards to life insurance? Who is a nominee? Sometimes clients…
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Will the new Ayushman Bharat scheme affect your business?
The cost of medicine has become so expensive in modern times that it has become almost impossible for the backward sections of the society to afford decent healthcare facilities. As most of our country’s population belongs to the lower income levels, the Government decided to launch a national healthcare scheme for the poor. This gave…
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5 Reasons to Sell ULIPs Again
The Indian stock market has been on a roller coaster ride in the past few months. The market has gone down several points and it is believed to be in volatile till the upcoming elections of 2019. Whether it is equity, debt or forex, investing in these tools have become quite risky. Since the stock…
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Insurance Uncovered: What is Restore Benefit in health plans?
Health insurance plans constantly upgrade the coverage benefits offered by them. The plans adapt to the changing needs of customers and provide value-added benefits. Many of your customers don’t know about these improved benefits offered by health plans. It is either due to a lack of technical understanding or ignorance that your customers remain unaware…
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IRDAI Circular– The Growth of Insurance Business: September 2018 vs September 2017
As the population is increasingly understanding the need for insurance and embracing insurance products, the insurance segment is showing a positive growth. Month on month, insurance companies are posting a positive growth in their premium collection. This growth has led to an increased penetration of insurance. Moreover, with insurance products becoming popular among individuals, insurance…
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Top 5 tax benefit questions asked by insurance buyers
When you sell insurance to your clients, the most common query which you often come across is the tax implication on insurance policies. Every client of yours wants to save the maximum possible tax outgo and knowing that insurance policies provide tax benefits, your client is eager to know the tax advantages he/she can get…
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