Discover and read the best of Twitter Threads about #lifeinsurance
Most recents (11)
Even though #marriage #registration is taken lightly in India, it is one of the most #Important things to be done once the rituals and the parties are over.
Here are the #Benefits of a #registered marriage in India
=Thread=
Here are the #Benefits of a #registered marriage in India
=Thread=
1. If a #spouse is working abroad and wants to take his or her partner along requires the #marriage #certificate.
The foreign #embassies abstain from issuing a work #permit in the absence of a marriage certificate.
The foreign #embassies abstain from issuing a work #permit in the absence of a marriage certificate.
लाइफ़ इन्शुरन्स लेते समय इन बातों को ज़रूर ध्यान में रखें ताकि क्लेम मिलने में आसानी रहे और एजेंट और विशेषकर बैंक द्वारा बेची गयी चीटिंग से बच सकें:
१. पॉलिसी फ़ॉर्म हमेशा खुद ही भरें, क्यूँकि कुछ जानकरियाँ आप से एजेंट पूछता ही नहीं अपने मन से भर देता है जैसे आपके पारिवारिक …
१. पॉलिसी फ़ॉर्म हमेशा खुद ही भरें, क्यूँकि कुछ जानकरियाँ आप से एजेंट पूछता ही नहीं अपने मन से भर देता है जैसे आपके पारिवारिक …
सदस्यों के हेल्थ की सही सही जानकारी , आपके खुद की हेल्थ की डिटेल में जानकारी , क्यूँकि इस आधार पर ही कम्पनी आपका मेडिकल टेस्ट करवाती है और एजेंट को डर रहता है कि कहीं कुछ बीमारी निकल गयी तो पॉलिसी का प्रीमीयम बढ़ सकता है या पॉलिसी रद्द भी हो सकती है इसलिए जब एजेंट फ़ॉर्म भरता है
तो वो आपसे पूछे बिना ही लिख देता है कि आप और आपका परिवार पूर्ण स्वस्थ है और बाद में इसी ग़लत जानकारी के लिए आपका क्लेम रूक जाता है और यह देखने के लिए आप जीवित भी नहीं रहते है
२. पॉलिसी डॉक्युमेंट मिलने के बाद उसको खोल कर ज़रूर पढ़े , 95% अच्छे अच्छे पढ़े लिखे लोग भी पॉलिसी
२. पॉलिसी डॉक्युमेंट मिलने के बाद उसको खोल कर ज़रूर पढ़े , 95% अच्छे अच्छे पढ़े लिखे लोग भी पॉलिसी
Potential Insurance Industry Bust Over Excess Pandemic Deaths Part 2 - A mindblower for red-pill-hesitant plebes as former Blackrock portfolio manager & hedge fund maverick calls out the next big short - by @TraderStef for #CrushTheStreet #AdverseReactions crushthestreet.com/articles/break…
#Disabilities #ExcessDeaths #AdverseReactions #InsuranceIndustry #LifeInsurance ‘Mass disability event’ warning as huge numbers diagnosed with long Covid news.com.au/technology/sci…
For starters, #lifeinsurance companies had a pretty rough year- they shelled out more in COVID-19 claims during the first quarter of 2021 than in the whole of 2020.
In fact, during the second wave of COVID, insurers saw life claims mounting by 5–10 times.
In fact, during the second wave of COVID, insurers saw life claims mounting by 5–10 times.
And this kind of stress isn’t good. Because insurance companies (much like people) can’t pay for all these expenses out of pocket. They need insurance too. And the people that insure them i.e. re-insurers are now contemplating drastic action.
Sector Thread (Part 1): The Insurance Industry consists of 2 categories - Life Insurance and General Insurance. A total of 58 companies exist in the Indian Market of which 24 are Life Insurance and 34 are General Insurance companies. There is 1 reinsurance company in India. (1/n)
Industry growth reasons are attributed to four major factors - Product Innovation, Vibrant Distribution Channels, Targeted Publicity and Promotional Campaign by Insurers. (2/n)
There are 3 Public Sector and 3 Private Sector companies listed on BSE and NSE exchanges of India. (3/n)
Did you know your #LifeInsurance claim cannot be rejected after 3 years?
When you buy Life #Insurance, you have to make certain disclosures to the insurer. These include your age, income, policies you’ve already bought, and your current health condition and family history
(1/3)
When you buy Life #Insurance, you have to make certain disclosures to the insurer. These include your age, income, policies you’ve already bought, and your current health condition and family history
(1/3)
If any of these details are inaccurate, your claim can be rejected.
However, it can only be rejected within 3 years of buying the policy.
According to Section 45 of the Insurance Act, 1938, insurers only have 3 years to call the facts of a policy in question.
(2/3)
However, it can only be rejected within 3 years of buying the policy.
According to Section 45 of the Insurance Act, 1938, insurers only have 3 years to call the facts of a policy in question.
(2/3)
Post this, claims cannot be denied due to misrepresentation.
If a person was disclosed as a non-smoker in 2015, but passes away as a smoker in 2021, their claim cannot be rejected
Learn what your Term Insurance policy covers here: bit.ly/KYI-TI
(3/3)
#BimaPeBharosa
If a person was disclosed as a non-smoker in 2015, but passes away as a smoker in 2021, their claim cannot be rejected
Learn what your Term Insurance policy covers here: bit.ly/KYI-TI
(3/3)
#BimaPeBharosa
1/15
#LetsTalkMoney by @monikahalan is all about US understanding OUR Needs & Wants, & constructing OUR Money Box.
It helps BUILD a system in place , rather than focusing on a (non existent ) single shot solution.
MUST READ FOR ALL !
#BookRecommendation
A 🧵 on it .
👇
#LetsTalkMoney by @monikahalan is all about US understanding OUR Needs & Wants, & constructing OUR Money Box.
It helps BUILD a system in place , rather than focusing on a (non existent ) single shot solution.
MUST READ FOR ALL !
#BookRecommendation
A 🧵 on it .
👇
2/15
Firstly, build your own system to manage Cash Inflows & Outflows .
Find a way that's least troublesome but automatically separates the 2.
#Budgeting & #Allocation must not be a cumbersome task !
Easy bifurcation helps in Better mapping.
A bird's eye view on the same 👇
Firstly, build your own system to manage Cash Inflows & Outflows .
Find a way that's least troublesome but automatically separates the 2.
#Budgeting & #Allocation must not be a cumbersome task !
Easy bifurcation helps in Better mapping.
A bird's eye view on the same 👇
3/15
Moving onto Emergencies . This pandemic has made so many of us realise the importance of it .
Another interesting facet :
Unwillingness to take risks comes from the FEAR of not having money when needed - typically why Bank F.Ds are preferred.
Hence the EMERGENCY fund.
Moving onto Emergencies . This pandemic has made so many of us realise the importance of it .
Another interesting facet :
Unwillingness to take risks comes from the FEAR of not having money when needed - typically why Bank F.Ds are preferred.
Hence the EMERGENCY fund.
What are the objectives of #lifeinsurance?
Why is #lifeinsurance important?
How much #lifeinsurance do I need in India?
Thread 🧵on Types of #LifeInsurance Policies in India
Must read for everyone, especially youngsters....
(If you like then please re-tweet to maximize reach)
#InvestmentPlanning
Must read for everyone, especially youngsters....
(If you like then please re-tweet to maximize reach)
#InvestmentPlanning
As promised earlier, I have made this tread explaining basic types of #LifeInsurance policies in #India
1. Term Insurance
2. Endowment Insurance
3. Whole Life Insurance
4. Money-back Plan
5. ULIP
Tweets below will explain all these types of Life Insurance Policies ... 👇👇👇
1. Term Insurance
2. Endowment Insurance
3. Whole Life Insurance
4. Money-back Plan
5. ULIP
Tweets below will explain all these types of Life Insurance Policies ... 👇👇👇
1⃣ Term Insurance - It is for a specific period of time and has lowest premium among all types of insurance plans.
Premium of #TermInsurance policy once fixed does not increase during term period of the policy.
Premium of #TermInsurance policy once fixed does not increase during term period of the policy.
#LifeInsurance #JeevanUmang #Insurance As response to my thread on #healthinsurance a question came: "Sure, wil wait for ur resp. what I am told & if that’s true, then I like it - for 15 yr pay 2 lac PA , life insurance cover would start from day one would be close to 30 lacs,
and from 15 th year onwards I get 2 lac PA till death. In all this yr cover will keep increasing...." from @Parthiv33 . Jeevan Umang is a wholelife policy that gives the benefit of pension without being a Pension policy and therein lies its greatest benefit.
Let's assume a person aged 35 takes this policy with a premium payment term of 25 years - i.e. at 60 premium payment is done and dusted. What will he receive?
From the time he's 60, he will start receiving Rs. 392,000 per annum till he's 99 years of age.
From the time he's 60, he will start receiving Rs. 392,000 per annum till he's 99 years of age.
THREAD- Estate Planning is crucial for #smallbusinessowners. Consider it part of the process of setting up a business. Include any marital agreements. #entreprenuers #entreprenuership #angel #angelinvesting. #vc #vcs #founders #prenup 1/8
Not only would giving estate planning advice on Twitter expose me to lawsuits, it would be practically futile. Business arrangements times family dynamics times changing federal & state tax laws make such public advising futile anyway. #estateplanning 2/8
But here’s what to think through before going to your lawyer. First, estimate the current valuation of the business and what any tax might be to your estate if your dropped dead right now intestate. Your heirs and your spouse? #estateplanning #prenup #prenups 3/8
