The Indian Motor Tariff allows discount for installation of anti-theft devices in the insured vehicle. The relevant provision of the Motor Tariff says, "Vehicles (other than those covered under Motor Trade policies) fitted with anti-theft devices approved by Automobile Research … [Read more...] about How to get Discount in Car Insurance Premium for Anti-Theft Device?
How NRIs can buy LIC Policies?
NRIs can buy LIC Life Insurance cover under Non-Medical (Special) scheme or Medical scheme, depending on their health, sum insured they are opting for and where (country) they are working - What is a Non-Medical (Special) Scheme? 1- Applicable if insurance is obtained during … [Read more...] about How NRIs can buy LIC Policies?
How NRIs can buy Life Insurance in India?
Can NRIs buy a Life Insurance in India? Yes, as per Reserve Bank of India (RBI) Non-Resident Indians (NRIs) can buy insurance in India. What are the Advantages of buying Life Insurance from Indian Insurer? Apart from the life insurance coverage that it offers, there are two … [Read more...] about How NRIs can buy Life Insurance in India?
How to Pay LIC Premium Online (LIC Pay Direct), without Registering?
The old online premium payment process of LIC, ask you to register on LIC India website with a User ID and password. But If you forgot your user id and password then you have no option but to go to LIC branch and pay the premium. LIC now has introduced a new payment method - LIC … [Read more...] about How to Pay LIC Premium Online (LIC Pay Direct), without Registering?
How to buy Third Party Car Insurance Online?
Buying third party liability only policies is a difficult task, especially when both PSU and Private Insurers are not ready to accept new third party only policies. But now you can do that online with the help of easyinsuranceindia.com (an insurance broker). Conditions to be … [Read more...] about How to buy Third Party Car Insurance Online?
ICICI Pru Life's Health Saver : Review
ICICI Pru's Health Saver is a Unit-linked health plans (ULHPs), which is a unique combination of health insurance and investment. So apart from giving health protection, this plan also help you to build a corpus that can be used to meet expenses not covered by health policies. … [Read more...] about ICICI Pru Life's Health Saver : Review
How to Revive Lapsed LIC Policy?
Revival of Lapsed LIC Policy If the policyholder forgets to pay his premium on the due date, the LIC usually offers 'days of grace' (minimum 1 month - if mode of payment is Yearly/Half-yearly/Quaterly and 15days - if the mode is monthly). However, if the premium is not paid by … [Read more...] about How to Revive Lapsed LIC Policy?
How to Open Online FundsIndia-NPS Account?
1- Register to FundsIndia with Your Name, Mobile No., email ID 2- Log on to FundsIndia. 3- Select 'NPS' option. Enter all the details (Personal Information, Nomination Details, Scheme Preference etc; simmilar to ICICI Direct-NPS Account) 4- Now download, print and sign the … [Read more...] about How to Open Online FundsIndia-NPS Account?
How to Open New Pension Scheme (NPS) Account Online (ICICI Direct)?
ICICIdirect and FundsIndia, both offer New Pension Scheme (NPS) Account online. But both the options are not completely online, you would need to complete the paperwork (part online and part offline) and send them filled application form by post with supporting documents . So … [Read more...] about How to Open New Pension Scheme (NPS) Account Online (ICICI Direct)?
How to Calculate Return of your Annuity?
If you have bought the annuity with your pension pot of Rs. 10,00,000 and you will be are getting an Annual Annuity Payment of Rs. 2,16,315.40 for next 6 years, then you can calculate rate of return using below formula: AAP = [P x r]/[1-(1+r)^-n] Where - "AAP" is the … [Read more...] about How to Calculate Return of your Annuity?