Mandar's World

Expression of Heart, Soul and Brain

Insurance and Investments are subject to Emotional risks.

Rahul and Mehul were good friends. With “good” I mean they resided in the same locality and had played together in childhood. Both in their late 20’s, Rahul owned a firm named KSPL and Mehul worked in an IT company (The Turbulent Industry).

One day Rahul approached Mehul and introduced some LIC (Insurance) plans. Since both knew each other, Mehul was also interested to get insured but mentioned some necessary requirements, considering the voltatile nature of the job sector he was part of. He being in IT industry was aware about the work culture and the employment/job expectancy situations throughout his career, with this added expenditure of the premium he needs to pay. He was of the opinion that insurance plans that would mature around 50-52 years of his age would help him with some monetary benefits at that phase of life along with insurance.
He was quite aware about the difference between Investments and Insurance.

Mehul discussed a lot with Rahul regarding his criterias and Rahul agreed on his terms and both moved ahead. Within a couple of days, Mehul completed the formalities and paid for the first premium with some medical tests that were required.
But, after few weeks, to his surpise when he checked the Policy documents that he received, the policies that he had purchased had around 35-37 years of Premium Paying Term. (Mehul would be in his 70’s on maturity).

Mehul immediately contacted Rahul and straightway went to his office. Mehul also showed him the proposal document that Rahul had sent him before purchasing the policy. It clearly mentioned the premium paying term around 27-28 years.

When asked what could be done further, Rahul rudely replied Mehul that he can stop paying further premiums considering the first premium loss, completely getting off from his responsibilities.

Rahul’s negligence and careless attitude in the field costed Mehul an insurance with Inadequate fulfillment’s for lifetime.

Moral of the story: Insurance and Investments are lifetime responsibility. The Insurance advisors might take advantage of your situations out of negligence or getting some extra commission.
You need to be aware of not getting ruined and carefully understanding the terms and conditions.

posted by Mandar in Insurance,My Town - Nagpur and have No Comments

Strong Interview Tips.

#1: Do your homework.
Companies are impressed when a candidate has taken time to do some research and learn about them. Also, being prepared will minimize your anxiety.

#2: Make an impact.
Dress for the occasion. The rule is, when in doubt, overdress. Recent trends have dictated business-casual attire, but it’s still appropriate to wear a business suit. If you mean business, show them. And remember…it’s not always what you say, but how you present yourself that makes an impression. Be sure to shake hands firmly and maintain eye contact. During the interview, sit up and stay focused. If your mind starts to wander, it shows.

#3: Be confident.
Composure in the business world is crucial. And an interview is a good measurement of how you handle pressure. You don’t want to appear too nervous. At the same time, don’t be too relaxed. Maintain an appropriate level of professionalism without being unapproachable. The best advice is to be yourself. You’re an outgoing, likeable person. Let that come through in your interview. Companies are looking for individuals who will thrive in their team-based environment.

#4: Ask questions.
When you want to learn more about who they (company) are and what they do, it lets them know you’re interested. Depending on what you ask, it may also prove you’ve done your homework. Before the interview, make sure you’ve prepared a list of questions that they may not have addressed.

#5: Sell yourself.
Your qualifications got you in the door. Make sure you can speak confidently about any experiences you’ve had in the workplace and in the classroom. Specific examples of how you’ve contributed to an organization or learned something exciting are of interest to them. Companies see potential in you, so be sure to sell yourself by promoting your skills and abilities.

#6: Get clarification.
If you don’t understand a question, don’t hesitate…ask them to repeat it. You have a better shot at giving your best answer if you know exactly what they are asking.

#7: Follow up.
It’s good etiquette to thank interviewers for their time. Make sure you get a business card from the person or people that you meet with and send a letter to each one as soon as possible after the interview. This will also let them know that you liked what you heard and you want them to keep you in mind.

Good Luck!!!

posted by Mandar in Misc,Technology and have No Comments

Secrets of Relationships.

Secrets of Relationships

posted by Mandar in Misc,My Life and have No Comments

माझं जग तुझ्या जगात तेव्हाच नाही का विरघळल !

posted by Mandar in Fun - Masti,Misc,My Life and have No Comments