Edelweiss Tokio Life Insurance Company Limited has launched three wealth accumulation plans, tailor made to meet the various wealth creation and protection needs of customers. The three wealth accumulation plans, namely Cover Plus, Comprehensive Cover and Accelerated Cover has … [Read more...] about Edelweiss Tokio Life launched Three Wealth Accumulation plans
Life Insurance
IndiaFirst Life Insurance launches 'Money Balance Plan'
IndiaFirst Life Insurance has launched a unit-linked savings plan ‘IndiaFirst Money Balance Plan’. 'IndiaFirst Money Balance' plan is available across all Bank of Baroda and Andhra Bank branches. Net savvy customers can buy this insurance plan online as well. Key Features 1. … [Read more...] about IndiaFirst Life Insurance launches 'Money Balance Plan'
All You Wanted To Know About Keyman Insurance
Key man insurance is a coverage that will protect company in the case of an untimely death or disability of a top salesperson, executive or business owner. Key persons are those within a business who are vital to the business’s profitability and continued financial success. There … [Read more...] about All You Wanted To Know About Keyman Insurance
DLF Pramerica Life launches term insurance plan – 'U-Protect'
DLF Pramerica Life Insurance has launched pure term insurance plan - 'U-Protect'. The premium rates are substantially lower for women, making the plan, U-protect, particularly attractive for women customers. The minimum sum assured in the plan is Rs 25 lakh, the consumer has … [Read more...] about DLF Pramerica Life launches term insurance plan – 'U-Protect'
What are the Common Reasons of Complaint against Life Insurers?
It’s common perception that life insurers deal with lots of complaints against non- payment of claims, but it’s not right. Yes you read it correct, it’s not right. As per the grievances report submitted by IRDA 2009-10, the complaints against claim related issues are not even … [Read more...] about What are the Common Reasons of Complaint against Life Insurers?
Why online term insurance claims got rejected?
Rajat bought up online term insurance plan from private insurer to cover the home loan. Rohit deposited the first premium, but unfortunately Rohit died in road accident. The insurance company rejected the claim, saying that Rajat had the past habit of consuming tobacco, … [Read more...] about Why online term insurance claims got rejected?
IDBI Federal Life launched endowment plan – 'Lifesurance Savings Insurance'
IDBI Federal Life Insurance has launched long-term savings plan - 'Lifesurance Savings Insurance', which offer triple benefit of bonus, guaranteed additions and life-cover. The plan is a fixed-term participating endowment policy that allows the policyholder to accumulate … [Read more...] about IDBI Federal Life launched endowment plan – 'Lifesurance Savings Insurance'
IRDA : Ulip holders to get interest if they discontinue policies
Holders of unit-linked policies who discontinue their policies mid-way shall get a minimum guaranteed interest at par with SBI savings bank account rates, regulator IRDA said. Changing the rules, the Insurance Regulatory and Development Authority (IRDA) also asked the life … [Read more...] about IRDA : Ulip holders to get interest if they discontinue policies
Bajaj Allianz iSecure Loan Insurance Plan : Review
Salient features of Bajaj Allianz iSecure Loan Insurance Plan 1- Can be availed as individual or Joint Life. Also has option to include the spouse at a later date 2- Lower cost of insurance based on your reducing loan liabilities (Sum Assured decreases each year) 3- Rebate on … [Read more...] about Bajaj Allianz iSecure Loan Insurance Plan : Review
4 Key Ratios to look at before buying an Insurance Policy!
Looking to buy insurance plans but not sure how to select them? Don't fret. We have, here, four key ratios that would make your life easier, and of course, enable you to make the best possible insurance plan selection. 1. Claim Settlement Ratio Claim Settlement Ratio gives us … [Read more...] about 4 Key Ratios to look at before buying an Insurance Policy!