If you're having trouble with unwanted or malicious calls calling you for your car insurance renewal, there are several ways you can stop that - Don’t Give Personal Info to Caller 1- Don't reveal personal details such as your name or address 2- Take care not to give any … [Read more...] about How to Block Unsolicited Marketing Calls for Car Insurance Renewal?
What is a Pension Plan?
What is a Pension? The english dictionary defines the word pension as “a fixed amount, other than wages, paid at regular intervals to a person or to the person's surviving dependents, especially to a person retired from work.” A pension is just one way of saving for … [Read more...] about What is a Pension Plan?
Pension Terms You Must Know
Annuitant This is a person who receives, or is entitled to, an annuity. Annuity This is a fixed amount of money paid each year until a particular event (such as a death). It might be split into more than one payment, for example monthly payments. Annuity Rate This … [Read more...] about Pension Terms You Must Know
From where to buy the Critical Illness policy – General Insurer or Life Insurer?
You can buy Critical Illness Insurance policy from a general insurance company or from a life insurance company. But from where to buy the Critical Illness Insurance Policy - General Insurer or Life Insurer? Lets find out. In India, you can buy a Critical Illness Policy as a … [Read more...] about From where to buy the Critical Illness policy – General Insurer or Life Insurer?
Issues in Arriving at a Car's Salvage Value in Total Loss
When the vehicle is damaged extensively and the cost of its retrieval and repairs is more than the 75 % of IDV, it is treated as total loss claim. In all such claims insurer offers the IDV less the cost of salvage if the damaged vehicle is retained by insured or else the insurer … [Read more...] about Issues in Arriving at a Car's Salvage Value in Total Loss
LIC's 'Jeevan Ankur' : Review
LIC India’s Jeevan Ankur plan is an endowment insurance policy with optional riders for critical illness and accidental death benefits. Salient features of LIC’s Jeevan Anand 1- The minimum age of entry in this case is 18 years, while 50 years is the upper limit. 2- The … [Read more...] about LIC's 'Jeevan Ankur' : Review
Health Insurance Claim Process
The Process Flow of Health Insurance Claim - … [Read more...] about Health Insurance Claim Process
‘Term Insurance + NSC’ is better than LIC’s Jeevan Anand
Let's compare LIC's Jeevan Anand plan with the combination of a term insurance plan (Kotak Life e-Preferred Term) and NSC. We have kept the sum assured same in both cases so that if an eventuality occurred the insured will get the same amount. Insured Age - 35 Years; Term - … [Read more...] about ‘Term Insurance + NSC’ is better than LIC’s Jeevan Anand
‘Term Insurance + PF’ is better than LIC’s Jeevan Anand
Let's compare LIC's Jeevan Anand plan with the combination of a term insurance plan (Kotak Life e-Preferred Term) and PF. We have kept the sum assured same in both cases so that if an eventuality occurred to the insured will get the same amount. Insured Age - 35 Years; Term - … [Read more...] about ‘Term Insurance + PF’ is better than LIC’s Jeevan Anand
LIC's Jeevan Anand : Review
LIC India’s Jeevan Anand plan is the combination of whole life policy and endowment insurance policy with little extra premium compared to Pure Endowment plan. The plan provides the per-decided Sum Assured and bonus at the end of the stipulated Premium Paying Term (PPT), but the … [Read more...] about LIC's Jeevan Anand : Review