tag:blogger.com,1999:blog-7078229730473381457.post8063542623853052495..comments2023-11-03T13:36:22.371+05:30Comments on Mind Matters: Spur of the MomentDevihttp://www.blogger.com/profile/11336241347663576504noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7078229730473381457.post-72231898697498686072008-04-18T13:33:00.000+05:302008-04-18T13:33:00.000+05:30Swamy, your suggestion is also a kind of insurance...Swamy, your suggestion is also a kind of insurance - so far has been the domain of banks.... insurance policies can get more creative is my point.Devihttps://www.blogger.com/profile/11336241347663576504noreply@blogger.comtag:blogger.com,1999:blog-7078229730473381457.post-42157759768698404032008-04-18T13:03:00.000+05:302008-04-18T13:03:00.000+05:30Good idea! However there may be practical problems...Good idea! However there may be practical problems in implementing a scheme like this. A better solution would be to give "inflation adjusted returns", where the abolute returns are indexed to the cost of living index.R Swaminathanhttps://www.blogger.com/profile/04630769953056609576noreply@blogger.comtag:blogger.com,1999:blog-7078229730473381457.post-63454441525539598062008-04-18T12:06:00.000+05:302008-04-18T12:06:00.000+05:30Raji..This is a really nice idea. Insurance for th...Raji..<BR/><BR/>This is a really nice idea. Insurance for the old people but...the insurance companies will prob make a loss as they will need to tackle with the inflation anyway. And moreover, normally when ppl pay premium, not everyone claims but in this case, it looks like everyone will make a claim!<BR/>Instead a higher but tax free FD scheme is more suitable for oldies..Unknownhttps://www.blogger.com/profile/14004420594166671532noreply@blogger.com