To buy or not to buy Insurance policy ..Caveat Emptor

I did not intend to write on this  topic but in the last couple of days the cold calls from insurance agents provoked me . Few days back there is a very interesting column done in the mint on the insurance policies which die due to lapsation or the

product cost is too high.  Insurance in India is still a huge commission based business what is interesting the lapsation ration is on the high-rise from the data collected.

In insurance, customers return this product by either letting their policy lapse or by voluntarily surrendering their policy. Continue reading “To buy or not to buy Insurance policy ..Caveat Emptor”