Browsing All posts tagged under »Mis-selling«

The Little-known Secret of How Metros buy Insurance

September 23, 2015

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Insurance sales start surging in January of every year and peaks in March. So, are more accidents happening during this period? More people getting hospitalized? Or, a sudden realization in the new year that one needs life cover? It’s Option D – none of the above. The reason is painfully simple – tax saving! So, […]

Beware !! Another Fraud in the Air !!

February 18, 2014

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Mr. Rajeev Kumar,  a Chartered Accountant, working with a leading Automobile company was worried about his insurance policy. He had bought an insurance-cum-investment plan from a company (say “K”) 3 years back with an annual premium of Rs. 24,000 p.a. When he learnt that this policy is not going to help him for his future, […]

Beware !! Mis-selling Season Ahead !!

December 26, 2012

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After coming back from his vacation, Sidhesh Tulange, a 33 year old Software consultant, logged into his office computer to make the first statement, “Oh No !! I forgot to submit this before going to vacation.” The HR department has reminded him for submission of his tax saving proofs and declarations by 31st Dec. “I […]

Use the Current Market Rally to exit Bad Apples !!

December 13, 2012

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The recent run-up in the equity markets has suddenly spread all surprises and smiles to the investor community. Although it would look too tempting to start investing in this market, lets take a step back and first lets clear off all that we were holding back in our portfolio as bad apples so that we […]

Banker or Cheater ??

July 28, 2011

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“Welcome Mr. Mehta, What can do I for you ?” said Jenny, a relationship manager working with a leading private sector bank, to the bank customer Mr. Mehta, who himself is a tax consultant. “I just wanted to deposit these cheques to my account” said Mr. Mehta. “That will be done Sir. And I would […]