Kotak Life insurance has launched the Kotak Assured Income Plan, which would provide guaranteed annual income to the insured for 20 years. The Kotak Assured Income plan provides life cover for 30 years for a premium payment term of 15 years. The plan would provide guarantee of … [Read more...] about Kotak Life launches Assured Income Plan
Life Insurance
Birla Sun Life Insurance Company launches ULIP – BSLI Foresight Plan
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 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
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
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
Max New York Life introduces ‘College Plan’
Max New York Life Insurance launched “Max New York Life College Plan’, a guaranteed money back child plan. 'College Plan’ is a Guaranteed Money Back Life Insurance Plan designed to Meet the Rising Cost of College Education of your Child. The plan provides peace of mind as it … [Read more...] about Max New York Life introduces ‘College Plan’
Bharti AXA Life launches five new products
Bharti AXA Life Inurance has launched five products - two unit-linked and three traditional plan. The new scheme are Child Plan - Bright Stars Edge and Guranteed Plan - True Wealth are ULIPs, while Future Champs, Family Income Secure and Aajeevan Anand are traditional plans. … [Read more...] about Bharti AXA Life launches five new products