Parenting Zone

Everything we do today and how we are working towards our ambition of meeting our customers’ needs better

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June 22 2015
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Mentoring: In Reverse motion

Date: 16-Sep-2014

Amit Malik, CHRO, Aviva India

The Economic Times

Reverse mentoring is a topic, which excites many and at the same time, eludes many. My personal reverse mentoring experience has clearly shown me that the days of traditional mentorship wherein information flow was unidirectional with a older or senior person telling a younger or junior person how to succeed and helping the mentee to network with a few other seniors folks, are over.

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June 22 2015
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Use of technology, data vital for life insurance to grow

Date: 01-Oct-2014

Misra, CDO, Aviva India

Mint

Retail financial services businesses tend to have thin margins. Profitability is, therefore, dependent on driving efficiencies. With a large component of the expense structure residing in distribution costs, improving distribution efficiency is centre-of-plate for most organizations. Thanks to rapid digitization and increased online consumption, most financial services firms are competing fiercely for

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June 22 2015
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How to secure your retirement financially

Date: 21-Mar-2014

TR Ramachandran CEO & MD, Aviva India

Financial Chronicle

No longer are people content with the idea of just relaxing at home, or taking care of their grandchildren post retirement. In fact, the idea of retirement is changing, with more people opting to exercise options after superannuation that they were unable to explore` while working. Taking a world tour with the partner, associating oneself with an NGO or a cultural

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June 22 2015
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Invest in endowment plans to meet your financial goals

Date: 19-Mar-2014

TR Ramachandran CEO & MD, Aviva India

Financial Chronicle

An endowment plan is an insurance-cum-investment option where you need to pay regular premium for a specified tenure, at the end of which you get a guaranteed accumulated corpus as maturity value.

Moreover, even if the policyholder doesn’t survive the policy tenure, the sum assured is paid to the policyholder’s nominee.

There are two types of endowment plans –

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June 22 2015
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Why you should not let your policy lapse

Date: 05-Dec-2013

TR Ramachandran CEO and MD, Aviva India

The Financial Chronicle, Mumbai

MADHVI bought a term plan at an age of 30 years for a life cover of Rs 50 lakh and a tenure of 15 years. After paying her annual premium of Rs 4,222 regularly for three years, she missed paying the premium in the fourth year, and let the policy lapse. By the time she turned 40 and realised the importance of having a life insurance policy in her portfolio, things had

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