The man who revolutionised Financial Advisory in India | Jagruk Talks S02E06 @CRED_club

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Mar 16, 2023
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Jagruk Talks season 2 episode 6 is finally out and this time I traveled to Kerala to meet Melvin Joseph. The man who worked in the top management of LIC, KOTAK, SBI life and Bajaj Allianz before becoming India's first fee-only financial advisor. He also helps people who are scammed or mis-sold by financial institutions and he does it pro bono. He is spending his time and money to pay for poor kids' education and some of those kids are already pursuing MBBS and IPS. His initiative is called KEY: Kids education and You and it is supported by his clients and friends such as Pattu from Freefincal. I hope you enjoy and get to learn from this conversation

Melvin wants to make another 50-60 fee-only planners to cater to the middle class of India, you can find those planners here:
https://feeonlyindia.com ..................................................... Chapters:
0:00 Intro and FUN with Melvin
5:45 Unethical ways of the insurance industry
8:37 Exploring Kochi with Melvin
10:50 Melvin's story over Lunch
29:00 Exploring Muziris Biennale exhibition
30:00 How they reject genuine insurance claims
34:30 Why can't people with less income or education get a term insurance?
44:52 The Microfinance situation in Bangladesh
46:14 Is corporate health insurance better?
51:40 Insurance Industry USA vs India
55:22 Do insurers try to purposely reject claims without investigation?
59:56 Why and How did you start helping insurance victims for free?
1:07:00 How can we teach personal finance to students?
1:10:45 People are too late to learn personal finance, damage is done
1:18:10 What are you doing for the poor kids?
1:32:14 Fee Only India Movement
1:34:00 Outro and some fun
1:34:52 chip chip horela hai!