First make a thorough search (within your residence, among your investment papers, at your office) before concluding that you have lost the policy bond. It could have been even pledged with LIC/any other financial institution for availing a loan by you. LIC retains the policy … [Read more...] about What to do, if your LIC Policy has lost?
Why to buy accident insurance?
Why to buy accident insurance? Personal Accident Insurance Policy gives complete financial protection against all accidental occurrences that might lead to death or bodily injury of the insured person. If the accident leads to the untimely death of the Insured, this Policy will … [Read more...] about Why to buy accident insurance?
How to Pay – Online Life Insurance Premium Payment
Now a days you don’t need to go to the insurer branch and stand in queue to deposit your life insurance premium. You can pay the premium online by using online gateways (This functionality is available only to registered customers, who have enrolled their policies online on the … [Read more...] about How to Pay – Online Life Insurance Premium Payment
Know the meaning of different Life Insurance?
What is a term assurance? Term assurances are the purest and cheapest form of insurance. Term assurances are plans where benefits are payable only on the death of the policy holder within the term. What is whole life plan? Whole life plans are a special type of term … [Read more...] about Know the meaning of different Life Insurance?
New Pension System (NPS), now available on ICICIdirect.com
Retirement planning is indeed the most critical part of financial planning, and for those who are not already covered by another pension scheme New Pension System (NPS) is a great option. What is New Pension System (NPS)? The NPS is a new voluntary contributory pension … [Read more...] about New Pension System (NPS), now available on ICICIdirect.com
ING launches Guaranteed NAV- ULIP Plan ‘Market Shield’
ING Life Insurance India today launched a new unique Unit Linked Insurance Product, which provides the customer the opportunity to participate in the equity market while protecting investments from its downside. Advantages of ING Market Shield Plan - Top-up Premium … [Read more...] about ING launches Guaranteed NAV- ULIP Plan ‘Market Shield’
Bharti AXA Life launches new whole life insurance plan – Aajeevan Anand
Bharti AXA Life Insurance today launched Aajeevan Anand plan that provides guaranteed regular of 25% of Sum Assured every 5 years, starting from the end of 10th year and life cover until the age of 100 years. What is whole life insurance? A whole life insurance policy covers … [Read more...] about Bharti AXA Life launches new whole life insurance plan – Aajeevan Anand
Return on ULIP
It's always said that Mutual Funds give better return than ULIP plans. We thought to check this with various ULIP plans of different life insurance companies. In the below example, we took NAV values for one year between Dec 1st' 2009 and Dec 1st' 2010. and checked the return on … [Read more...] about Return on ULIP
LIC's Health Protection Plus : Review
LIC’s Health Protection plus is a unique long term health insurance plan, which combine, health insurance covers for the entire family (husband, wife and the children), Hospital Cash Benefit (HCB) and Major Surgical Benefit (MSB) along with a ULIP component (investment in the … [Read more...] about LIC's Health Protection Plus : Review
How to reduce your home insurance premium?
The best way to reduce your home insurance premium is to cut the risk of the insurer having to pay out. This can be done in a number of ways - 1. Fit a burglar alarm in the home, 2. Put latest and advance locks, 3. Join a neighbourhood watch scheme, 4. Install security … [Read more...] about How to reduce your home insurance premium?