Friday, January 6, 2012

New Commercial: Mahindra Bolero

Bolero has been the undoubted leader in the entry level UV space. It is the only UV to make into the top 5 selling cars in India. It is hard to believe that the numbers of Bolero even exceeds those of i10, Beat, Nano...etc.

The new commercial completely focuses on its offroad capabilities and has a beautiful locale in its background (its probably Pangong Lake, Ladakh). The theme is as usual man-centric where the protagonist tries to impress two damsels whose frisbee has been snatched by a dog. The hero then comes on a Bolero and helps retrieving the frisbee from the daring dog.

Here's the ad -

Thursday, January 5, 2012

A Complete and Comprehensive Checklist for Buying Term Life Insurance

Buying insurance for protection and wealth creation has always been a very complicated task involving careful analyzes. The analysis involves the amount of coverage, reason for coverage and the term/time that the cover is required. Term policies taken for a specified period of time like 5, 10, 15, 20, or even 30 years helps to look after family’s financial commitments like education and marriage of our children and the day to day expenses for a reasonable standard of living.

Term insurance policies that resemble motor/house insurance are not subject to the law of indemnity as damage due to human life cannot be measured. Taken for a specified period when financial obligations have to be met, no money is generally paid back if death does not occur in the period.

A bird’s eye view of term insurance policies would tell you:

·         Term policies are cheaper as they cover only the risk of death happening within a specified period. In addition the premium charged depending on the age of the person insured and time of coverage required with medical examination being compulsory in most of the cases. 
·         With very competitive premium rates being the present scenario of the insurance sector, it is found that most companies encourage insurers to take a much higher coverage for extended period of time even up to 35 years or 65 years of age. This accounts for popularity of these policies for people with long term financial commitments.  
·         Term life policies can be bought very easily either online or through life advisors that market and service these policies. You would benefit buying term insurance policies online as this does away with the expenses of agents/life advisors commission. This accounts for discount in premium.  
·         In addition a check of the insurer’s 'claim settlement' ratio or the percentage of claims settled by the insurer of the total received would help, with this available on the IRDA website.   
·         Once death occurs and claim is to be settled this is done in a lump-sum to the nominees or beneficiaries. This depends on the terms of the policy that the insured has taken, with the settlement free of tax payments.
·         Term plans suit young earning members with dependents, with the low premium allowing them with additional funds to invest in lucrative    equity-linked savings schemes that provide tax breaks

Deciding different factors about term life insurance: 
  • 1. Term insurance serves as the best life cover for large amounts and extended terms to meet your family’s financial commitments if you are not there. Insurance experts suggest about 12 times your annual income added to your total liability less investment in various assets.
  • 2. It is important to note that liabilities include loans taken for house/ personal/ vehicles/and other obligations.
  • 3. You should also consider amounts required for the education and marriage of your children, healthcare needs for your spouse and dependents and other amounts that would be required to maintain a reasonable lifestyle.
  • 4. Term life insurance policies are mainly meant for earning members of the family, whose financial commitments have to be meant on his/her death. It is however not meant for the young, unmarried working people that have no dependents or financial commitments. 
  • 5. Term plans are best taken for amounts that consider not only the present financial needs, but also inflation, increase in salaries and lifestyle needs. The premium could rise with age and with increase in the amount of insurance taken and with riders/ additional benefits like personal accident insurance and critical illness coverage.
  • 6. Insurance contracts being contracts of utmost good faith require revealing of material facts that would influence its acceptance. This could include your existing health conditions, family history and details of other insurance contracts that have been rejected in past.  Undergoing a medical examination if necessary may help reduce chances of claims being rejected in future.
  • 7. Term policies are best taken in blocks and increased or decreased according to need. Reviewing insurance needs every 3 to 5 years is ideal to adjust insurance needs.  Taking insurance in blocks provides for flexibility to discontinue some in case of decreased financial obligations with time.

Finally take care to ensure that you have read and understood all the information to the best of your knowledge and disclosed the correct material facts like age, income and present health status. In addition carefully go through the signed proposal form and policy document and inform the insurance company in case of discrepancies within 15 days of issue of policy.

(The author is Ramalingam K, an MBA (Finance) and Certified Financial Planner. He is the Director and Chief Financial Planner of Holistic Investment Planners ( a firm that offers Financial Planning and Wealth Management. He can be reached at

Tuesday, January 3, 2012

Indian Car Sales Figures - December 2011

December 2011 Sales Figures - Pan India
Highlights -
December has been a breather for the Indian Auto Industry where many of the OEM's saw a marginal growth over last year. December has always been a tricky month - as majority of the customers postpone their purchase decision to avoid losing out on re-sale when the year of manufacture comes into consideration. On the other side aggressive discounts by OEM's are used as a catalyst to pull customers. Also most dealers are on the ramp for clearing their 'old' stocks. Other whip that the manufacturers use is the news of increase in prices from January. 

In totality December gave a reason to rejoice to Hyundai, Tata & Mahindra who saw a growth of 12.8%, 46.79% & 23.97% YoY respectively. While the country's biggest automaker is still ailing with its decline in sales, hopes are still on its revival with interesting products such as Ertiga in pipeline.   

GM had a growth of 6.74% YoY primarily due to the improved sale of its 3-cylinder Diesel Beat. Shows how diesel can work wonders for a product! Etios range of products may not be liked by all and many believe it is not of Toyota standard, but numbers are surely depicting a different picture. Toyota grew over twofold to 15,948 units from 6,362 units in same month last year. 

A list of the top 20 brands of the month -

Sunday, January 1, 2012

A Decade of sheer Performance!

What better way to start with our first blog post for the year than other than the face of Indian Performance Bikes - the Bajaj Pulsar. A decade ago a rebel was born, against the conventional commuting philosophy this bike aimed a bit ahead of times. A need to answer that bikes were just not a means to travel - but a way to identify oneself. Biking was slowly a rage, a passion,a religion one can say... Bajaj was successful to identify this need. Pulsar not only elevated the Brand Bajaj to the next level but also bought volumes - to an extent that was envied by many commuter bikes too.
Specialty of a bike lies in its rider - Bajaj knew it !
Bajaj rightly describes its journey of Pulsar - Pulsar has moved beyond being just a brand or a product of engineering; it embodies a spirit, a movement, a strong sense of pride. 

I own one and can relate to every word of it - "Engraved in the DNA of every Pulsar is an attitude that is also translated to every biker, who gets his daily dose of pride riding a Pulsar."

Here's a video celebrating the decade of a PERFORMER -


As the new year heralds in, we at Management Punditz wish all its readers a very revved up and ambitious New Year.

2011 was an exciting year. Right from the Anna Movement to the unassuming Kolaveri, from cricket world cup success to the F1 intro in India, we loved every part of it.

It was also a mixed year for the automotive industry - saw some of the biggest car launches and faced the worst labor issues. But we're sure that 2012 will be one of the best years in the Indian Automobile history. The signs are already positive with the upcoming Auto Expo and India as a market has matured to accept both variety and novelty. The dominance of the industry is bound to grow back to its peak this year.

With all the positiveness we welcome the new year with open hands and extend our greetings to our valuable readerbase -
Wishing a very Happy & Prosperous New Year 2012!
Visit to discover Indian blogs DreamHost coupon code
we are in
all india