Determination of Death (2001) movie is a Life Insurance thriller. A classic example of life insurance fraud. Directed by Michael Miller. In order to free themselves from debt, a husband-and-wife plan to fake the husband’s death for the insurance money. The wife helps her husband stage his own death. US$ 5 million is the insurance […]
Tag: life insurance
Application for Employment for the Accountant Post
Jhumri Telaiya, 19th July, 2024. Dear Sir, Sub: Application for employment for the Accountant’s Post – Regarding I refer to the recent death of the accountant at your office, who had died due to heart attack while on duty. Hence, I hereby apply for the job as a replacement to the dead accountant. I assure […]
NASSIR ALI – INSURANCE PROFESSIONAL AND A HONEST MAN
I met Nassir Ali first time at one of the Sun Life Insurance training sessions in 2012 – 2013 – almost a decade ago. He used to work in insurance operations of the Sun Life. I met him again after a decade and a life time later! When I met him first, he was young […]
Can a Life Insurer Cheat his policyholders?
Whatever is being discussed here relates to Life Insurance alone. This discussion is not applicable to other types of Insurances. What happens when an insurance company decides to cheat the public? Can they cheat? Can they evade payments to their policyholders? This article examines of that possibility. What we call actuarial tables are but death […]
YOU DID NOT LEAVE INSURANCE – WHY?
The following poem was written by Ms. ANNIE DENMAN titled ‘From the Heart of a Little Girl’. This poem was published on advertising card of the Metropolitan Life Insurance Company – MetLife – 1924. Daddy, if you know we’re hungry, Know that we are very poor, It must break your heart in heaven Because you […]
LIFE INSURANCE CANCELLATION
Whatever is being discussed here relates to life insurance alone. This discussion is not applicable to other types of Insurances. It may kindly be born in mind. THE ACTUARIAL TABLES: What we call actuarial tables are not life tables, but death tables. They are carefully prepared based on the actual mortality data. In other words, […]
THE UNFORGETTABLE GHASSAN MARROUCHE
The smart couple you see above belong to Mrs. & Mr. Ghassan Marrouche. Mr. Ghassan Marrouche & I worked together at M/s Oman United Medical & Life Insurance Company (OUMLIC) Muscat, Sultanate of Oman from 2002 to 2005. He worked as the General Manager and I was the Technical & Reinsurance Manager of that company. […]
Why the s**t should I care?!
Following are the general familial thoughts when a family member is about to die: Let him not die now! Where the f**k do we find money for his funeral immediately? Let us shift him to a hospital. It is easy to make funeral arrangements from there. Let him not die! He is yet to make […]
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 […]
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 […]
