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’
Life Insurance
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)
How to Surrender LIC Policy?
If you have bought a LIC endowment or money back plan and looking to surrender it for cash value. Here is how you can surrender your LIC policy – First Check - does your policy have a surrender value? Check the policy bond and other documents if the policy has a surrender … [Read more...] about How to Surrender LIC Policy?
HDFC Life launches new plan 'Sampoorn Samridhi'
HDFC Life’s launches a new plan 'Sampoorn Samridhi', which offers benefits of both an Endowment Plan and a Whole Life Plan. Salient features of HDFC Life’s Sampoorn Samridhi 1- Choice of Maturity Benefit Option The customer can opt for either one of the below two maturity … [Read more...] about HDFC Life launches new plan 'Sampoorn Samridhi'
What is an Annuity?
What is an Annuity? An annuity is a fixed sum of money paid at regular intervals. “Annuity” comes from the Latin for “year”. In the context of life insurance, it is a contract between you and an insurance company under which the insurance company pays you money for a stipulated … [Read more...] about What is an Annuity?
What are Riders in an insurance policy?
What are Riders in an insurance policy? The riders are meant to provide additional but optional benefits, to cover against specified risks. Depending upon the risk perception additional covers can be brought with the basic policy. These riders may cover accidental death, … [Read more...] about What are Riders in an insurance policy?
Tata AIG Life launches two new products – InvestAssure Gold Supreme Maximizer
Tata AIG Life Insurance launches two new products - Tata AIG Life Insurance’s InvestAssure Gold Supreme, a non-participating whole-life unit-linked insurance plan, and Tata AIG Life Insurance’s InvestAssure Maximizer, a non-participating endowment unit-linked insurance … [Read more...] about Tata AIG Life launches two new products – InvestAssure Gold Supreme Maximizer
LIC launches non-linked health insurance plan – Jeevan Arogya
LIC’s Jeevan Arogya plan offers comprehensive hospitalisation benefits for the whole family. A unique feature of this plan is that it also offers to cover the parents in-law of the principal insured besides spouse, minor children and parents. There is a provision for inducting … [Read more...] about LIC launches non-linked health insurance plan – Jeevan Arogya
How to get LIC policy info by SMS?
LIC India policyholders can easily know their policy related enquiry by SMS. What all queries can I enquire via this facility? You can enquire about - Policy Status, Existence Certificate Due Loan, Last Annuity Released Date, Annuity Payment thru, Annuity Amount, Cheque … [Read more...] about How to get LIC policy info by SMS?
How to calculate Paid-up Value of an Insurance Policy?
What is Paid-up Value? If premiums have been paid for a period of three years and thereafter due to unforeseen circumstances, payments cannot be made, policy will automatically be converted into a paid up policy for a reduced sum assured, payable on the date of maturity or in … [Read more...] about How to calculate Paid-up Value of an Insurance Policy?