Monday, July 4, 2011
Thursday, June 30, 2011
Queries Related to Investments?
Dear Visitors,
Please feel free to post your query related to Investments,Finance, Marketing, Analysis etc under this post.
whenever I find time I will be glad to resolve the queries on first Come first serve basis upto my knowledge Standards.
I request let queries and solutions be more interactive rather than debate.
Thank you for your support.
I request you to spread my blog link among your contacts so that more can interact n learn/share new Ideas.
Please feel free to post your query related to Investments,Finance, Marketing, Analysis etc under this post.
whenever I find time I will be glad to resolve the queries on first Come first serve basis upto my knowledge Standards.
I request let queries and solutions be more interactive rather than debate.
Thank you for your support.
I request you to spread my blog link among your contacts so that more can interact n learn/share new Ideas.
Short term call updates
Dear Visitors,
I am sharing my Trading Ideas (Intraday calls, news based calls,Options calls) with relatives and friends. I may not be able to post those calls in this blog bcos of various constraints.
I feel Intraday, Option Trading is not advisable for newbees & corporates( Hectic work Schedule,No access for share trading etc).
Recently Short term call Mastek buy @ 110-11 for a TGT of 117 achieved today by Gods Grace.
I am sharing my Trading Ideas (Intraday calls, news based calls,Options calls) with relatives and friends. I may not be able to post those calls in this blog bcos of various constraints.
I feel Intraday, Option Trading is not advisable for newbees & corporates( Hectic work Schedule,No access for share trading etc).
Recently Short term call Mastek buy @ 110-11 for a TGT of 117 achieved today by Gods Grace.
WAS TOO BUSY-------------U MISSED MY WRITINGS?
Dear Blog visitors because of Busy schedule and personal works I couldnt update my blog.
I feel sorry for that.
I am back again.
With your Support and Gods Grace I will start updating regularly.
thank you for your patience.
I feel sorry for that.
I am back again.
With your Support and Gods Grace I will start updating regularly.
thank you for your patience.
Friday, March 25, 2011
Short term calls updates
By Gods Grace
Voltas achieved TGT giving 8.35% returns in less than 2 week
Sun Tv achieved TGT giving 8% returns in less than 2 week.
Voltas achieved TGT giving 8.35% returns in less than 2 week
Sun Tv achieved TGT giving 8% returns in less than 2 week.
Tuesday, March 22, 2011
Rocking Long term calls
By Gods grace our long term call Guj Fluro made new high. Till now 87% returns.Book Partial profits.
Tata coffe is making new high even in falling market. Call was given on December 13-2010...147% upside till now.... Book complete profits
Tata coffe is making new high even in falling market. Call was given on December 13-2010...147% upside till now.... Book complete profits
Thursday, March 17, 2011
How you can resolve your insurance grievances
Noted consumer activist Jehangir Gai has a story to tell: "A person had undergone three surgeries simultaneously, incurring a total cost of Rs 33,000. When the claim was lodged, the insurance company's third-party administrator held that though the surgeries pertained to three different body parts, these were conducted at the same time and, hence, the eligible claim was only Rs 10,000."
Despite explaining that the company would have had to shell out a higher amount had the insured decided to have the surgeries on different dates, the company refused to budge. "Ultimately, we approached the insurance ombudsman, who held that the eligible claim amount was Rs 30,000," says Gai.
This is not the only instance of insurance companies trying to wriggle out of their commitment to policyholders. But, like Gai, you no longer need to rely on the whims of insurance firms. Here's how you can resolve your grievances.
Round one
Most insurance companies offer various channels, branch office, phone, e-mail and snail mail, to register complaints. You can also approach the company's grievance redressal officer . Insurance companies have to send a written acknowledgement within three working days of receiving the complaint and specify the period within which it is likely to be resolved. If the complaint is resolved within three days, the insurer has to inform the individual along with an acknowledgement. If this is not possible, the company will have to resolve it within two weeks of receiving the complaint and send a final letter of resolution to the aggrieved.
If the insurance company decides to reject the complaint, it has to give a reason, along with information on further redressal avenues, that the complainant can pursue. In case you are not satisfied with the insurer's response, you have to inform it within eight weeks, or the company will assume that the complaint has been resolved.
Round two
If the above approach doesn't solve your problem, you can contact either Irda's Grievance Redressal Cell or the insurance ombudsman, depending on the nature of the complaint. The ombudsman can make recommendations within one month of the receipt of the complaint and give a verdict within three months. If necessary, he can award compensation to the policyholder.
If you are satisfied with the settlement, you have to send your acceptance within 15 days. If the insurance firm does not comply with the order, you can approach consumer forums or civil courts. These offices handle cases dealing with insurance contracts with a value of up to Rs 20 lakh. The ombudsman addresses issues related to rejection or delay in settlement of claims, disputes on premiums, and non-issuance of a document after collecting the premium.
Irda's Grievance Redressal Cell
Though this cell does not have the authority to pass orders, complaints addressed to it are taken up with the insurers. These could include delay or lack of response pertaining to policies or claims and complaints about agents' conduct. "Irda's toll-free number, 155255, has been publicised widely to create awareness about the recourses available to policyholders. You can approach the cell directly, and where required, you will be redirected to the ombudsman under whose jurisdiction the complaint falls," informs an official in the insurance ombudsman's office. You can get in touch with the cell via mail on complaints@irda.gov.in.
Despite explaining that the company would have had to shell out a higher amount had the insured decided to have the surgeries on different dates, the company refused to budge. "Ultimately, we approached the insurance ombudsman, who held that the eligible claim amount was Rs 30,000," says Gai.
This is not the only instance of insurance companies trying to wriggle out of their commitment to policyholders. But, like Gai, you no longer need to rely on the whims of insurance firms. Here's how you can resolve your grievances.
Round one
Most insurance companies offer various channels, branch office, phone, e-mail and snail mail, to register complaints. You can also approach the company's grievance redressal officer . Insurance companies have to send a written acknowledgement within three working days of receiving the complaint and specify the period within which it is likely to be resolved. If the complaint is resolved within three days, the insurer has to inform the individual along with an acknowledgement. If this is not possible, the company will have to resolve it within two weeks of receiving the complaint and send a final letter of resolution to the aggrieved.
If the insurance company decides to reject the complaint, it has to give a reason, along with information on further redressal avenues, that the complainant can pursue. In case you are not satisfied with the insurer's response, you have to inform it within eight weeks, or the company will assume that the complaint has been resolved.
Round two
If the above approach doesn't solve your problem, you can contact either Irda's Grievance Redressal Cell or the insurance ombudsman, depending on the nature of the complaint. The ombudsman can make recommendations within one month of the receipt of the complaint and give a verdict within three months. If necessary, he can award compensation to the policyholder.
If you are satisfied with the settlement, you have to send your acceptance within 15 days. If the insurance firm does not comply with the order, you can approach consumer forums or civil courts. These offices handle cases dealing with insurance contracts with a value of up to Rs 20 lakh. The ombudsman addresses issues related to rejection or delay in settlement of claims, disputes on premiums, and non-issuance of a document after collecting the premium.
Irda's Grievance Redressal Cell
Though this cell does not have the authority to pass orders, complaints addressed to it are taken up with the insurers. These could include delay or lack of response pertaining to policies or claims and complaints about agents' conduct. "Irda's toll-free number, 155255, has been publicised widely to create awareness about the recourses available to policyholders. You can approach the cell directly, and where required, you will be redirected to the ombudsman under whose jurisdiction the complaint falls," informs an official in the insurance ombudsman's office. You can get in touch with the cell via mail on complaints@irda.gov.in.
Ensure that you send the complaint yourself as the ones forwarded by third parties, including lawyers or agents, are not entertained by the cell. Also, the complaint should have complete information. So, disclose all the details in the complaints registration form available on Irda's website.
AT YOUR SERVICE
You must first register your complaints with the insurer. You can approach the ombudsman only if you have not received any feedback from the insurer or are not satisfied with the given response.
After you have received a copy of the ombudsman's recommendations and are satisfied with it, you have to send a written communication, indicating your acceptance within 15 days.
The ombudsman handles cases with a value of up to `20 lakh and has the authority to mediate and give a recommendation, or award compensation, which is binding on the insurer.
You can also get in touch with the Insurance Regulatory and Development Authority's Grievance Redressal Cell through a toll-free number (155255).
The ombudsman does not hear matters related to the conduct of agents. This can be taken up by Irda's Grievance Redressal Cell.
You can approach the civil and consumer courts directly to resolve your grievance. However, the ombudsman will not accept your case if it is pending with other courts.
AT YOUR SERVICE
You must first register your complaints with the insurer. You can approach the ombudsman only if you have not received any feedback from the insurer or are not satisfied with the given response.
After you have received a copy of the ombudsman's recommendations and are satisfied with it, you have to send a written communication, indicating your acceptance within 15 days.
The ombudsman handles cases with a value of up to `20 lakh and has the authority to mediate and give a recommendation, or award compensation, which is binding on the insurer.
You can also get in touch with the Insurance Regulatory and Development Authority's Grievance Redressal Cell through a toll-free number (155255).
The ombudsman does not hear matters related to the conduct of agents. This can be taken up by Irda's Grievance Redressal Cell.
You can approach the civil and consumer courts directly to resolve your grievance. However, the ombudsman will not accept your case if it is pending with other courts.
Curtesy: This article first appeared in ET
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