Birla Sun Life Insurance Company has launched ULIP - BSLI Foresight Plan. The plan offers 2 Investment Options - Guaranteed Option and Self-Managed Option. In guaranteed option - the proceeds would be invested in the Foresight Fund and which will be managed by the company. The … [Read more...] about Birla Sun Life Insurance Company launches ULIP – BSLI Foresight Plan
Budget 2011 – Service Tax Changes – Health Insurance Premium set to increase
Health Insurance Premium costs are set to rise, with FM bringing in all services provided by hospitals with 25 or more beds and with air-conditioning in the service tax net. Service Tax on Health Services The mediclaim or health insurance will be increase because - 1. All … [Read more...] about Budget 2011 – Service Tax Changes – Health Insurance Premium set to increase
Budget 2011 – Service Tax Changes to ULIP and Traditional Plan
ULIP and Traditional Plan Insurance Premium costs are set to rise, with FM bringing in services provided by life insurance companies in the service tax net. … [Read more...] about Budget 2011 – Service Tax Changes to ULIP and Traditional Plan
Budget 2011 – What's there for individual tax payers?
1. Exemption limit for the general category of individual taxpayers enhanced from 1,60,000 to 1,80,000 giving uniform tax relief of around 2,000. Upto Rs. 1,80,000 Nil Rs. 1,80,001 to Rs. 5,00,000 10 per cent. Rs. 5,00,001 to Rs. 8,00,000 20 per cent. Above … [Read more...] about Budget 2011 – What's there for individual tax payers?
BIMA ACCOUNT ‐ II (Plan No. 806) – Review
BIMA ACCOUNT ‐ II (Plan No. 806) Without profit Variable Insurance plan Benefits a) On maturity: An amount equal to balance in the Policyholder’s Account is payable. b) On death: The Sum Assured and the balance in the Policyholder’s Account payable to … [Read more...] about BIMA ACCOUNT ‐ II (Plan No. 806) – Review
PPF Forms – When and How you can use them?
Form A - PPF Account Opening Form Form B - Amount Deposit into PPF Account Form Form C - Loan on PPF Account 1. Withdrawals from the PPF Account with following conditions - a) Any time after the expiry of five years from the end of the year in which the initial … [Read more...] about PPF Forms – When and How you can use them?
LIC’s launched ULIP – Samridhi Plus
LIC’s Samridhi Plus is a unit linked plan with a policy term of 10 years that offers payment of Fund Value at the end of the policy term based on the Highest Net Asset Value (NAV) over the first 100 months of the policy or the NAV as applicable at the end of the policy term, … [Read more...] about LIC’s launched ULIP – Samridhi Plus
IDBI Federal Life Insurance has launched Retiresurance® Guaranteed Pension Plan
IDBI Federal Life Insurance has launched Retiresurance® Guaranteed Pension Plan. IDBI Federal Retiresurance® is a unique retirement plan which comes with the twin benefits of guaranteed accumulation with attractive annuities. IDBI Federal Retiresurance® Guaranteed Pension Plan … [Read more...] about IDBI Federal Life Insurance has launched Retiresurance® Guaranteed Pension Plan
LIC's BIMA ACCOUNT ‐ I (Plan No. 805) Review
BIMA ACCOUNT ‐ I Without profit Variable Insurance plan Benefits a) On maturity - An amount equal to balance in the Policyholder’s Account is payable. b) On death - The Sum Assured and the balance in the Policyholder’s Account payable to nominee. Features It … [Read more...] about LIC's BIMA ACCOUNT ‐ I (Plan No. 805) Review
ING Life launched 'ING ACE' with guaranteed returns
ING Life launched traditional insurance product 'ING ACE' offering guaranteed additions, limited premium pay and tax benefit. The new plan has two variants — Pension and Life with features as guaranteed additions, limited premium pay and tax benefit under Section 80 C of the … [Read more...] about ING Life launched 'ING ACE' with guaranteed returns