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  1. Business News
  2. Authors
  3. kamalji sahay

Kamalji Sahay

Embedded Value: Earn maximum bonus on the same premium

Insurers pay 20-35% of the sum assured as loyalty bonus for policies with above 25-30 years tenure

By Kamalji Sahay
August 31, 2022 02:10 IST
Need to broad-base PM Jeevan Jyoti Bima Yojana

Critical illness rider can be introduced to give a comprehensive financial protection to policyholders

By Kamalji Sahay
June 29, 2022 01:00 IST
Embedded Value: Insurers as financial security providers

The experience gained during the last two years has the potential to make insurers think very differently and challenge themselves…

By Kamalji Sahay
May 25, 2022 01:10 IST
ulip policy
Embedded Value – ULIP: Insurance is about safety, not returns

This unique safety is also needed by the people who want to save with high guarantee of reasonable returns on…

By Kamalji Sahay
April 27, 2022 01:15 IST
Pay premium on time-01
Embedded Value: Don’t let your life insurance policy lapse

Under monthly mode of payment the insurers offer a grace period of 15 days from the due date within which…

By Kamalji Sahay
March 30, 2022 00:45 IST
Life insurers sell critical illness rider as add-on cover to provide financial protection to the policyholders in case they get afflicted by life- threatening diseases.
Embedded Value: Claim Section 80D tax sop for premium paid for critical illness rider in life insurance policy

Premium paid under a mediclaim policy is deductible from taxable income subject to certain limit under Section 80D.

By Kamalji Sahay
February 23, 2022 00:45 IST
life insurance
Embedded Value: Life insurers must sell protection first and savings later

The gap is wide and this is in spite of the government licensing 23 life insurers in addition to the…

By Kamalji Sahay
January 26, 2022 01:00 IST
Embedded Value: How buying a life insurance or mediclaim policy can help you save tax

Very soon we will be entering the last quarter of the financial year 2021-22, hence this is the time to…

By Kamalji Sahay
December 21, 2021 01:01 IST
Embedded Value: Review your life insurance needs every 10 or 15 years

Such policies provide the child enough funds to continue education even if he loses his parents.

By Kamalji Sahay
November 30, 2021 01:00 IST
There is also a less popular provision in the form of assignment of a life insurance policy which provides several options to the policyholder to convert the intrinsic value of a policy at a certain point of time into cash flow for himself.
Embedded Value: Assign your life insurance policy to get funds

You can borrow money from a bank by assigning your life insurance policy to it. On repaying the loan, bank…

By Kamalji Sahay
September 24, 2021 02:00 IST
Embedded Value: How need for life insurance changes at each life stage

A young man at the threshold of his working life is a potential wealth creator not only for himself but…

By Kamalji Sahay
August 24, 2021 00:30 IST
Embedded Value: Know why a group insurance policy is ideal

In a group insurance scheme, all the members of a pre-existing group are provided uniform or graded cover through a…

By Kamalji Sahay
July 27, 2021 02:00 IST
EMBEDDED VALUE: Life insurance industry needs to look at its business in a different way

A few unfortunate children run the risk of losing either or both parents due to accident or disease, leaving them…

By Kamalji Sahay
June 23, 2021 02:15 IST
Embedded Value: New areas of insurance unfold in Covid-19 pandemic
Embedded Value: New areas of insurance unfold in Covid-19 pandemic

Health coverage during overseas trip due to flight cancellation, forced quarantine abroad at own cost, rent for house not in…

By Kamalji Sahay
May 28, 2021 02:15 IST
Embedded Value: Life & health insurance more critical today

Death due to Covid is covered under any life insurance policy while Covid patients are fully covered by any standard…

By Kamalji Sahay
April 30, 2021 02:00 IST
The terms and conditions are enumerated in the policy bond which is subsequently issued as a proof of the contract between the insurer and the policyholder.
Embedded Value: Informed purchase easier on digital platform

Digital marketing offers full transparency helping the insurance buyer take an informed decision

By Kamalji Sahay
March 26, 2021 01:00 IST
How insurance aggregators can convert enquiries into actual sales

The web aggregators offer price comparison, claim settlement ratio and broad features but are silent on issues which may call…

By Kamalji Sahay
February 23, 2021 01:30 IST
By investing in a life insurance policy one commits to a recurring payment for a fairly long time.
Embedded Value: Buy insurance for long-term protection, not just to save tax

Exiting a policy contract, after the cooling off period as provided by the insurance regulator, is almost impossible though one…

By Kamalji Sahay
January 27, 2021 00:45 IST
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