As a life insurance advisor, when the time to keep my promise arises, it’s a huge release for me because I can keep my word of showing up with the cheque when the worst happens. But what also comes with that is an emotional loss, as my clients are also my friends and this relationship becomes a big part of each other’s lives. “Basheer…
It is important that the payout of a life insurance policy is received hassle-free by the person intended to receive it. The consequences of missing out on important details can be grave. Before you pen down a beneficiary’s name in your application for life insurance, use this as a checklist of things to consider. 1. Know the Purpose of the Policy What is the reason for purchasing…
In my 21+ years as a life insurance and financial services advisor, dealing with high-level executives and top-performing entrepreneurs, I’ve met clients with different levels of experience with investing. It’s interesting to hear the questions that come up in my meetings, these questions have mostly been around restructuring existing portfolios. If you’ve been having doubts like: Why don’t all of my asset classes perform…
As life insurance advisors, we’re called on field as the most valuable player when a client of ours passes away- to show up with the cheque for the dependents, no matter what. In the lifecycle of serving a client, this is really one of the most crucial moments. And different advisors have their own philosophy around how they deal with the claims settlement process. You could either only do what’s…
“I felt my fingers twitching, my body shaking, I felt like I needed to get out of the pit as quickly as possible and I didn’t see this coming.” I’ve always been looking for the next adrenaline rush that would push my limits, and that’s primarily been through testing my physical fitness. I’ve done ultra-running. I’ve done triathlons. I’ve thrown…
The UAE property market has taken multiple turns over the last 20 years. A noteworthy time in the industry was around 2006-2008 when property prices were inflated and the economy was booming. A lot of people who purchased property at that time now find it hard to liquidate those assets. What does one do when they’re in a position like this? And more importantly, how do you…
Over the years of being a parent and a son to my parents, I never thought I would go down the path of enforcing my opinions on my kids. Sometimes, I pause, take a step back, and realize that I’ve become the same person that I told myself I wouldn’t be- which is like my parents. And I realize that I tend to be enforcing my mindset and opinions…
I believe there is always room, especially when humans are involved, for some level of errors to take place. Now the reality of the matter is, in the real world it’s unlikely that you’ll be able to go through life without screwing up. I’ve been in the life insurance and financial services business for the last 21 years and of course, there are…
Most of the world has been affected by the Covid-19 pandemic since March 2020. That’s about 17 months of going through work and lifestyle shifts, relying heavily on technology, and not having traveled. It’s fair to say that there’s a fair bit of monotony setting in. As an entrepreneur, parent, spouse, friend, and team leader, it’s definitely taken a toll on my mental and emotional wellbeing. I’m all up for…
A question I’d like you to play with is, “how much do I trust my financial advisor?”. Is the trust enough for you to give them total responsibility on the handlings of a lifetime’s worth of wealth? If you’ve been having doubts about this, that’s great. Always question everything. If not, then you definitely should be. One of the critical distinguishing factors that determine an…
