27 years ago, on a hot, sultry afternoon my brother Late Shri Raja Krishna Reddy and I were desperately toying with the idea of doing something unique in the world. We felt, very strongly and even today truly, we were wasting life ‘working’ for the Government of India. Frankly, nobody works there…they squander their life […]
Author: Dr. K. Raja Gopal Reddy
Pandit Shankar Dayal Sharma – A TRUE MUSLIM
Dr Shankar Dayal Sharma (19th Aug,1918 – 26th Dec, 1999) was the ninth President of India and served from 1992 to 1997. Before being the President, he served as the eighth Vice President of India. The late His Majesty Sultan Qaboos bin Said bin Taimur shared a special bond with India. India also considered Sultan […]
18. Web Aggregators – Find the Cheapest Quote
In India, we have licensed web aggregators – those who are licensed by the insurance regulator. We have 22 web aggregators as on today. To give an example of a web aggregator – we do have some organizations like Policy Bazaar, PolicyX, Instabima, PolicyPlanner etc. Of these 22 web aggregators, 11 i.e., 50% of them […]
17. A Game Called No Claim Bonus (NCB)
What I am seeing in NCB is crazy…it is absolutely crazy. Look at the following: If there is no claim during the first year i.e., zero number of claims then HDFC Ergo General Insurance will give 45% on Own Damage (OD) premium as No Claim Bonus (NCB). NUMBER OF CLAIMS IN THREE YEARS NCB % […]
NIJINSKY
Nijinsky (1980) is a biographical film. This film explores the life and career of Vaslav Fomich Nijinsky (12th March, 1890 – 8th April, 1950). He was a Russian ballet dancer of legendary fame, celebrated for his spectacular leaps and sensitive interpretations. After school, Nijinsky became a soloist at the Mariinsky Theatre, St. Petersburg, in 1907, […]
16. India Motor Tariff
Please check your Motor Insurance policy wording…where 80% of the policy wording and / or the 80% of the policy wording pages consist of India Motor Tariff (IMT). In a sexy way, they call it as IMT 1, IMT 2… so on., and I guess the IMT series ends at IMT 65. Let us come […]
15. Conditions Precedent to the Contract
The problem with the Indian consumers is no one reads the policy conditions. They spend huge money in paying the compulsory Motor Insurance premium. However, once the policy is issued, they never read the policy terms and conditions. They simply keep the policy either in the glove compartment or at home and forget all about […]
14. Personal Accident Cover for Owner – Driver
Personal Accident cover for owner-driver is dealt in Section 3 of the Motor Insurance policy. This section talks about bodily injury or death of the owner-driver while driving the car. It says that the said bodily injury or death of the owner driver must happen in direct connection with the vehicle insured: while driving while […]
13. Conditions for Renewal of the Contract
Under the Conditions for the Renewal of Contract, it is mentioned whether the Motor Insurance policy will be renewed or not and if yes, what is renewal procedure. Generally, Motor Insurance policies are issued for one-year duration, though we do have policies for 3 years. In either case the policy renewal conditions will apply. What […]
Memories of Sir Alfred Hitchcock – 7 seasons, 400 Episodes and 220 Hours Later
“Alfred Hitchcock Presents” is an American television anthology series hosted and executive produced by Alfred Hitchcock, which aired on CBS and NBC between 1955 and 1965. It featured dramas, thrillers, and mysteries. Alfred Hitchcock is a wonderful storyteller and there are a lot of interesting plots and surprising twists. It’s also nice to see so […]
