How much health insurance do you need? Everyone should have enough health insurance coverage to cover all medical expenses as well as unexpected health care costs. This includes regular check-ups, physical tests, and prescription, as well as medical emergencies and … [Read more...] about How much health insurance do you need?
Do we need to exit ULIP in three years/five years as suggested by agent?
We had received lots of queries, now and then on the mis-sold ULIPs. We all have bought ULIP policies on the inflated return figure and mis-information given to us by the insurance agent. Now that insurance agent is enjoying with the big 35-40% commission, which he would have had … [Read more...] about Do we need to exit ULIP in three years/five years as suggested by agent?
Tata AIG Life launches IInd 'InvestAssure Apex Supreme Plan'
Tata AIG Life Insurance has launched the second series of its 'Tata AIG Life Insurance InvestAssure Apex Supreme ULIP Plan'. Tata AIG Life Insurance InvestAssure Apex Supreme is a 5-year limited-pay plan with a policy term of 10 years and comes with the benefit of Guaranteed … [Read more...] about Tata AIG Life launches IInd 'InvestAssure Apex Supreme Plan'
Top 5 Health Insurance Plans for Senior Citizens (2011)
Top 5 Health Insurance Plans for Senior Citizens on the basis of Coverage S.No. Plan Name Entry Age (years) Renewal Allowed Max. Sum Insured (Rs. lakh) Co-Pay 1. Max Bupa's Heart Beat till age 80 Life Long Platinum Policy - Sum Insured … [Read more...] about Top 5 Health Insurance Plans for Senior Citizens (2011)
IDBI Federal launches Termsurance Seniors Insurance Plan
IDBI Federal launches medical tests free - Termsurance® Seniors Insurance Plan for seniors, which can be bought after the age of 50, with premiums as low as Rs. 100 per month. The plan can be bought by those up to the age of 85 years and comes with a no-questions-asked, … [Read more...] about IDBI Federal launches Termsurance Seniors Insurance Plan
Things you should know before buying Critical Illness Insurance Plan!
Here is a guide to assist you in doing your homework for obtaining an appropriate Critical Illness plan for yourself. What is Critical Illness cover? As the name suggests, Critical Illness plans cover you for only certain specific critical illnesses that are pre-defined as … [Read more...] about Things you should know before buying Critical Illness Insurance Plan!
How to check LIC policy’s ‘Surrender Value’ and ‘Loan Eligibility’ online?
How to check the 'Surrender Value' and 'Loan Eligibility' of your LIC policy online? 1. Visit licindia and register as a new user. If you are already registered login here 2. Login to your account and click “Enrol Policies” in the left menu. 3. Click “Click to Enrol New … [Read more...] about How to check LIC policy’s ‘Surrender Value’ and ‘Loan Eligibility’ online?
IRDA imposes penalty of 5 lakhs on Six General Insurers
Insurance Regulator, IRDA, imposed a penalty of Rs 5 lakhs each on six general insurers - National Insurance Company, New India Assurance Company, ICICI Lombard, IFFCO Tokio, Royal Sundaram Alliance and Bajaj Allianz General Insurance Company, for appointing various outfits of … [Read more...] about IRDA imposes penalty of 5 lakhs on Six General Insurers
Max New York Life Launches ULIP ‘Fast Track Plan’
Max New York Life Insurance has launched ‘Fast Track Plan’, a highly customizable unit-linked life insurance plan that offers consumers the opportunity to catch up on lost time for those life needs they may have de-prioritised for more immediate needs. Fast Track helps plan their … [Read more...] about Max New York Life Launches ULIP ‘Fast Track Plan’
Top 5 Online Term Insurance Plans (2011)
Why buying Online Term Insurance plans makes more sense? (a) Low premium as compared to offline - The premium of online term plans are lower by up-to 40% compared to offline term plans. (b) Higher Sum Insured - Companies are encouraging buyers to take higher cover. If a 25 … [Read more...] about Top 5 Online Term Insurance Plans (2011)