![Protecting Those Who Matter Most: Understanding the Importance of Life Insurance for Our Loved Ones Protecting Those Who Matter Most: Understanding the Importance of Life Insurance for Our Loved Ones](https://cdn.magzter.com/1362653915/1717652956/articles/oxNFOET-W1717664010191/PROTECTING-THOSE-WHO-MATTER-MOST-UNDERSTANDING-THE-IMPORTANCE-OF-LIFE-INSURANCE-FOR-OUR-LOVED-ONES.jpg)
In this episode of The FINtastic Talks with Sanjiv Bajaj, we had a special guest, Mr. Satishwar Balakrishnan, MD and CEO, Bandhan Life (formerly Aegon Life Insurance). Mr. Satishwar Balakrishnan is the Managing Director (MD) and Chief Executive Officer (CEO) at Bandhan Life (formerly Aegon Life Insurance), India's first digital-only life insurance company. He joined the company in July 2019 as its Chief Financial Officer. A brand-new vision has been defined under his leadership, to be a pioneer in digital insurance and be at the forefront of the digital insurance wave by using technology to redefine how the company does business. Mr. Balakrishnan has over two decades of experience spread across insurance and financial industries. Before joining Bandhan Life (formerly Aegon Life Insurance), he was associated with IndiaFirst Life Insurance and also worked with Reliance Life and ICICI Prudential. He is a Chartered Accountant by qualification and holds a Bachelor's degree from Mumbai University.
"If you are sitting on the fence, you'll never win the race. Sanjiv Bajaj
This story is from the June 2024 edition of Investors India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the June 2024 edition of Investors India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
![FINANCIAL PLANNING FINANCIAL PLANNING](https://reseuro.magzter.com/100x125/articles/2829/1984673/g-BS_EA9Q1738822131886/FINANCIAL-PLANNING.jpg)
FINANCIAL PLANNING
ASK THE EXPERT
![Groww Multicap Fund: Aiming to Capture India's Growth Potential Groww Multicap Fund: Aiming to Capture India's Growth Potential](https://reseuro.magzter.com/100x125/articles/2829/1984673/TSXM1U5Qd1738822002296/GROWW-MULTICAP-FUND-AIMING-TO-CAPTURE-INDIAS-GROWTH-POTENTIAL.jpg)
Groww Multicap Fund: Aiming to Capture India's Growth Potential
India is entering a transformative era of economic growth, backed by a unique combination of demographic strength, infrastructure development, and rising global prominence.
![How to meet life's key milestones through mutual funds How to meet life's key milestones through mutual funds](https://reseuro.magzter.com/100x125/articles/2829/1984673/IgsFeYrUp1738821019518/HOW-TO-MEET-LIFES-KEY-MILESTONES-THROUGH-MUTUAL-FUNDS.jpg)
How to meet life's key milestones through mutual funds
Mutual funds offer a disciplined and flexible way to achieve life milestones like education, marriage, home ownership, and retirement. With diverse investment options available n mutual funds that are tailored to risk and goals, they enable systematic wealth creation. Start early, invest consistently, and let compounding work to secure your financial future and fulfill cherished dreams.
![Asset Allocation Made Easy with Mutual Funds Asset Allocation Made Easy with Mutual Funds](https://reseuro.magzter.com/100x125/articles/2829/1984673/NcTWZJh491738821495215/ASSET-ALLOCATION-MADE-EASY-WITH-MUTUAL-FUNDS.jpg)
Asset Allocation Made Easy with Mutual Funds
We often hear the advice that a balanced diet is good for health. It brings together all essential minerals, vitamins and proteins on a plate which are required to keep one healthy.
![Budget 2025-26: Major tax reliefs for middle class, higher disposable income Budget 2025-26: Major tax reliefs for middle class, higher disposable income](https://reseuro.magzter.com/100x125/articles/2829/1984673/STjQMUCfY1738819823797/BUDGET-202526-MAJOR-TAX-RELIEFS-FOR-MIDDLE-CLASS-HIGHER-DISPOSABLE-INCOME.jpg)
Budget 2025-26: Major tax reliefs for middle class, higher disposable income
Finance Minister Nirmala Sitharaman's February 1 proposals exceeded expectations, leaving the middle class with more money in their pockets.
![Guarding Your Wealth in the Digital Age Guarding Your Wealth in the Digital Age](https://reseuro.magzter.com/100x125/articles/2829/1984673/3YOKIaFfh1738820543940/GUARDING-YOUR-WEALTH-IN-THE-DIGITAL-AGE.jpg)
Guarding Your Wealth in the Digital Age
The rapid evolution of digital technology is transforming every aspect of our lives, from communication and business to healthcare and entertainment.
![Powering India's Growth Story Decoding Investment Opportunities in India's Energy Transition Powering India's Growth Story Decoding Investment Opportunities in India's Energy Transition](https://reseuro.magzter.com/100x125/articles/2829/1984673/HKZnzqBPU1738821101516/POWERING-INDIAS-GROWTH-STORY-DECODING-INVESTMENT-OPPORTUNITIES-IN-INDIAS-ENERGY-TRANSITION.jpg)
Powering India's Growth Story Decoding Investment Opportunities in India's Energy Transition
As India marches towards Viksit Bharat one critical enabler has been the transformation in our energy landscape. In 2003, India's per capita power consumption was 0.57 MWh (megawatt hour). By 2023, it had reached approximately 1.4 MWh-a 245% growth in two decades. This roughly coincided with the growth of India's per capita GDP from about 543 USD in 2003 to about 2,500 USD in 2023.
![An Hour Spent in Yoga Is Rewarded With 2 Hours of Extra Life Span An Hour Spent in Yoga Is Rewarded With 2 Hours of Extra Life Span](https://reseuro.magzter.com/100x125/articles/2829/1984673/WaKN4AplX1738821639917/AN-HOUR-SPENT-IN-YOGA-IS-REWARDED-WITH-2-HOURS-OF-EXTRA-LIFE-SPAN.jpg)
An Hour Spent in Yoga Is Rewarded With 2 Hours of Extra Life Span
There is no doubt that a robust and healthy body is more resistant to stress, both physical and emotional, than a weak and exhausted body.
![A Doctor Within You: Your Immune System A Doctor Within You: Your Immune System](https://reseuro.magzter.com/100x125/articles/2829/1953842/yS50wnV9w1736336558211/A-DOCTOR-WITHIN-YOU-YOUR-IMMUNE-SYSTEM.jpg)
A Doctor Within You: Your Immune System
The fact that you survive is due to your immune system-a fascinating network of chemicals and cells that protect your body.
![PERSON OF THE YEAR 2024 PERSON OF THE YEAR 2024](https://reseuro.magzter.com/100x125/articles/2829/1953842/qtYZWnfao1736336150277/PERSON-OF-THE-YEAR-2024.jpg)
PERSON OF THE YEAR 2024
Like every year there were many contenders. Don is back dodging bullets by the ear. He can claim the year. Criminal convictions?