Develop Lifetime Ties

You can’t be content selling somebody something in one shot, if for the same time and effort you could position them and set the stage for them to want to come back every month and buy from you. Don’t set up a relationship with a customer unless you can set it up for a lifetime of purchasing transactions. Read more

The LIFE INSURANCE and EET

When the budget for 2006 was presented and passed, people in life insurance industry heaved a sigh of relief that there was no announcement about taxing the claim proceeds of life insurance policies (as well as PPF etc allowed for deduction u/s 80C) according the principle of EET (Exempt, Exempt and Tax) evolved in last budget, even though the EET committee appointed also is understood to have submitted a report in favour of taxing life insurance proceeds! Read more

CONTEMPLATING MOTOR INSURANCE FREEPLAY

An arm of the Insurance Regulatory and Development authority, the Tariff Advisory Committee is all set to dismantle the Motor Tariff regime from April 2005. The Tariff, which at present governs the rates that insurers charge for motor insurance premium, will be substituted by the file and use procedure. Read more

Saving the Economy with Salvage

What would you do with your business if you had fewer budgetary restrictions and concerns and had more money? Would you expand your advertising platform ad methods to gain new customers? Would you make your product available in another country? Would you launch an entirely new product line? Would you hire more employees to accommodate your growing business?

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