Children & advertising: When you buy, the kids decide Economic Times
17.04.10
NEW
DELHI: When companies want to sell insurance policies, power inverters, aircons
and even cars, they fall back on children. And you thought the little ones were
only the target of chocolate, ice-cream and toy-makers! Marketers and ad-makers
are increasingly getting convinced about the kid being a compelling force in the
family. He’s watching TV, maturing faster and is willing to assert
himself. When it’s time for the family to take a decision to buy
something, the children are playing a bigger role.
That’s why
chotte’s car never runs out of petrol. Even after it drives over a
chappati, under the dog’s tail, through a fish bowl, over the sleeping
guard’s bald head... “The cute little boy in our 2008 Petrol Khatam
Hi Nahin Haunda ad may not have been able to afford the car himself, but he
managed to reinforce the message in the mind of their target audience,”
says Shashank Srivastava, chief general manager, marketing at car maker
Source:
Life Insurance Policies
Buying life insurance policies seems overwhelming to many people. This daunting task often keeps people from actually purchasing life insurance policies. However, with a little research, people can become informed about different life insurance options, making the selection process much easier.
Choosing A Policy
Perhaps the biggest choice a consumer can make in terms of building well-rounded insurance plans is to determine the type of life insurance policies you need. Whole-life insurance policies include life insurance policies plus investment opportunities. Term life insurance policies are less expensive.
Many investment experts encourage people to keep your insurance and your investments separately. Whole-life insurance policies are expensive and are typically based on assumptions. Term life insurance policies are based on set dollar amounts each month or year and are set for a certain number of years.
Selecting A Coverage Amount
When determining how much life insurance coverage you need, you should determine how much your family relies on you for survival. If you have young children, a good rule of thumb is to purchase life insurance for the amount equivalent to 10 times your annual salary. If you have older children, a good rule of thumb is to purchase life insurance for the amount equivalent to five times your annual salary. You should also consider how much your spouse or significant other relies on your salary each month and year.
Selecting the right amount of coverage for your life insurance needs is a critical part of purchasing life insurance. If you are going to pay monthly or annual premiums, you want to make sure your family is protected in the case you should die during the term of the policy. In addition, you want to purchase a life insurance policy that contains as broad of payout terms as possible. You want your family to receive their payout upon your death.
Finding A Life Insurance Company
When you’re shopping for a life insurance company and life insurance agent, you should seek out at least three price quotes for similar policies, ask for references, talk with those references about issues pertinent to their policies and find out as much information about the life insurance firm as possible.
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