Expert Zone

Why traditional insurance plans will beat ULIPs during the tax-saving season

By Deepak Yohannan
November 12, 2014

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Most ULIPs (unit-linked insurance plans) are far better compared to traditional insurance plans. They are more flexible, more transparent and have the potential to generate bigger returns. But insurance sales do not necessarily follow simple logic. There are a variety of reasons why traditional plans are likely to fare better.

Long-term motor insurance might just work

By Deepak Yohannan
August 21, 2014

(Any opinions expressed here are those of the author and not of Thomson Reuters)

A large number of two-wheelers on Indian roads are uninsured. This is not due to high annual premiums, but because the perceived benefits of taking an insurance policy are just not apparent.

LIC launches online term insurance plan, finally

By Deepak Yohannan
May 29, 2014

(Any opinions expressed here are those of the author and not of Thomson Reuters)

There are 24 life insurance companies operating in India, and Life Insurance Corporation of India (LIC), the industry’s biggest player, was one of only five which did not have an online term plan, until now.

Health insurance sector poised for more growth

By Deepak Yohannan
March 21, 2014

(Any opinions expressed here are those of the author and not of Thomson Reuters)

With the arrival of Cigna TTK, there are now five standalone health insurers offering products and services in India. Religare Health is also a recent entrant that started operations only last year.

Taking stock of the insurance sector

By Deepak Yohannan
November 26, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

With half the financial year gone by, it’s time to take stock of the insurance sector. Let me start with life insurance.

New ways to distribute insurance policies

By Deepak Yohannan
July 26, 2013

(Any opinions expressed here are those of the author and not of Reuters)

On a rainy day in Mumbai, I was chatting with the taxi driver. It was a prolonged journey, made worse by a never-ending traffic jam. We talked about insurance and I asked him about his insurance cover. I heard the familiar story of a man being cheated into buying an expensive plan; he escaped only after losing a lot of money.

Indian insurers can now go international

By Deepak Yohannan
June 18, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Global insurers have been participating in the Indian insurance market for nearly 12 years. We may soon see the trend reversing.

Life insurance still struggling, non-life continues to grow

By Deepak Yohannan
November 1, 2012

(The views expressed in this column are the author’s own and do not represent those of Reuters)

Banks as a shop for insurance

By Deepak Yohannan
October 16, 2012

(The views expressed in this column are the author’s own and do not represent those of Reuters)

Selling insurance through kirana stores

By Deepak Yohannan
August 1, 2012

(The views expressed in this column are the author’s own and do not represent those of Reuters)