Marketing of Financial Services Sep 2021 NMIMS Solved Assignment

Marketing of Financial Services 1. Develop a Public Relations campaign for IRDA to help create awareness about Life Insurance sector and to educate policyholders about their rights. 2. Sanjay Bhat, age 34 years works with a pharmaceutical company and has not yet started to invest for his retirement. Sanjay is married to Pooja age 30 years and they have one son aged 2 years. Sanjay wants you to prepare a plan for him to retire latest by age 60. You can make any assumptions to further build up your case. 3. You are a Financial Planner. Your client Sumit Raghani aged 35 years and works with an IT company earning Rs 15 lakhs per year. His wife Priti, aged 32 years, is a homemaker. They have one daughter Rimmi aged 5 years. The couple requires your help to make some financial decisions. You can make any assumptions to further build up your case. a. Sumit wants to buy a Pure Risk Life Insurance cover of Rs 1.5 crore. He is confused whether he should buy a ULIP or a Term Plan. Recommend the product best suited for his requirement. b. Sumit and Priti want your help to invest for Rimmi&rsquos higher education which they estimate would be required after 15 years.