Woman in life... The Insurance Way...

This is no typical Women oriented read... please bear with the rubbish...

Alert!!! Insurance jargon widely used.

When a boy likes a girl and proposes to her, via a Love Letter, e-mail etc., its Application Submission. The girl then Underwrites (analyses) the risk of accepting his Application. Once she is satisfied that the Application can be Approved, she Issues a Policy Document (reply to Love letter) to the Boy. Then their relationship is in Waiting status, since the girl awaits her first Present/Gift. Once the boy gifts her after receipt of the Policy Document, their relationship moves to Active status. Later on when they regularly meet at Restaurants and Discotheques, the policy/relation stays active. If there is a delay in planning such events/occasions, their relation comes to Pending conditions, thereafter the situations could go bad, resulting in a breakup, relation going to a Lapse status.

Each year they celebrate anniversaries and share dividends in the form of gifts and happiness. In course of time, the guy runs out of cash (assigning any reason like no salary rise etc.) to plan the restaurant & pub visits. If their relationship has accumulated a good will (cash value), he submits an application for getting married to the girl (we call it the Vanishing Premium provision). Once accepted, their relationship surges ahead for marriage and these two get Engaged. Then the relation runs on a machinery which is financed by the Relationship itself (might be the parents of either of the two financing the marriage). This provision is valid till they get married and the boy is forced to find a better paying job bear the marriage.

If the marriage application is rejected, the boy has to take a loan and plan the activities anyway. Sometimes when the relationship has not acquired enough good-will, and the guy runs out of cash, then the relationship is forced to go to a Lapsed status, where he can no longer afford the relationship.

Some lesser mortals, resort to quit the relationship resulting in Surrender of the gifts (accumulated good-will), when their bank balances resemble potatoes. Some other settle for a girl who is less expensive in terms of maintenance, Reduced Paid-Up provision. In some more cases, the relationship comes to a halt, where there is no future for the relationship, and they fall into Extended Term relationship. When the going gets even tougher, some guys resort to No-Contact with the girl strategy, which results in a relation Expiry.

In all the above cases, the boy can reinstate the relationship, when he has enough cash, by paying a fine and all the prior due parties etc., in a single instalment, by throwing a Re-Union Party, to every one the girl knows, might be including his friends as well.

Typically when the guy and girl get married, the guy shifts to a monthly payment basis, where the girl has access to his bank account, Pre-Authorized Cheques are used to settle the bills incurred. It is this reason that, marriages which result in girl having Cheques from boy never goes to a lapsed status.

In most cases, the is forced to take a loan, one day or the other due to burden on his shoulders, for which he needs to pay the interest. This loan, if small, it is generally due to a semi-annual non-sense party. This loan is generally paid back in EMIs on credit card.

However, when there is a responsibility of a child, the loan is a larger amount. The larger loan acquires interest on a yearly basis, in the form of the kid's education and other bills like dresses etc.