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?
How to Apply for a Duplicate LIC Policy?
To get the Duplicate Policy Bond from LIC of India, follow below procedure - Step 1- Advertisement in a Local Daily Newspaper If the LIC Policy is due for maturity or survival benefit within 3 years and if the sum assured is more than Rs.25,000, an advertisement in a Local … [Read more...] about How to Apply for a Duplicate LIC Policy?
What is a Top-Up Health Insurance Plan?
Top-up Health Insurance Plans are medical reimbursement health plans with high deductible. In simple terms, Top-up policies reimburse expenses arising from certain illnesses over and above a specified amount. For example, suppose a top-up cover offers a sum assured of Rs. 5 lakh … [Read more...] about What is a Top-Up Health Insurance Plan?
How to Block Unsolicited Marketing Calls for Car Insurance Renewal?
If you're having trouble with unwanted or malicious calls calling you for your car insurance renewal, there are several ways you can stop that - Don’t Give Personal Info to Caller 1- Don't reveal personal details such as your name or address 2- Take care not to give any … [Read more...] about How to Block Unsolicited Marketing Calls for Car Insurance Renewal?
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?
How to Calculate your Annuity Payout?
You can use the following formula to calculate your Annual Annuity Payment (AAP): AAP = [P x r]/[1-(1+r)^-n] Where - "P" is the Principal Amount, "r" is the Periodic Interest Rate and "n" is the Total number of Payments you receive. For example, if you invest Rs. … [Read more...] about How to Calculate your Annuity Payout?