Bharti AXA Life Insurance launches - a retirement plan and a child protection plan - Retirement plan - Bharti AXA Life Wonder Years Retirement Plan Child plan - Bharti AXA Life Bright Stars Power Plus Bharti AXA Life Wonder Years Retirement Plan is a traditional product and … [Read more...] about Bharti AXA Life Insurance launches – retirement and child plan
8 steps to file a travel insurance claim?
Step 1 Check the coverage provided by the travel insurance policy - 1. Any exclusions on the travel policy, such as pre-existing medical conditions. 2. Whether 24-hour emergency assistance is available. 3. Keep a record of any highly expensive item - camera/video recorder, … [Read more...] about 8 steps to file a travel insurance claim?
Insurance company can't deny claim, if the insured did not reveal information about his earlier life insurance policy!
The South Mumbai District Consumer Disputes Redressal Forum has fined an insurance company for causing mental agony to a family by not releasing the amount due to them on grounds that the insured did not reveal information about his earlier life insurance policy. In 2001, Naval … [Read more...] about Insurance company can't deny claim, if the insured did not reveal information about his earlier life insurance policy!
SBI Life launches – Smart Wealth Assure a unit Linked non participating Life Insurance Plan
SBI Life Insurance has launched guaranteed ULIP, it guarantees, at inception, a pre-specified NAV applicable at the end of the ten-year term. By opting for Return Guarantee Fund, the policyholder can create long term investment corpus based on minimum pre-determined NAV or … [Read more...] about SBI Life launches – Smart Wealth Assure a unit Linked non participating Life Insurance Plan
Kotak Life launches Assured Income Plan
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
How to transfer EPF to new employer?
Procedure to transfer the old PF amount to new PF account 1. At the time of joining a new organization, the company’s HR will give you forms for opening an PF account. When new PF account is opened and you would receive a new PF Number. 2. Fill up PF withdrawal form (Form … [Read more...] about How to transfer EPF to new employer?
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 – Health Insurance Premium set to increase
Health Insurance Premium costs are set to rise, with FM bringing in all services provided by hospitals with 25 or more beds and with air-conditioning in the service tax net. Service Tax on Health Services The mediclaim or health insurance will be increase because - 1. All … [Read more...] about Budget 2011 – Service Tax Changes – Health Insurance Premium set to increase
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
Budget 2011 – What's there for individual tax payers?
1. Exemption limit for the general category of individual taxpayers enhanced from 1,60,000 to 1,80,000 giving uniform tax relief of around 2,000. Upto Rs. 1,80,000 Nil Rs. 1,80,001 to Rs. 5,00,000 10 per cent. Rs. 5,00,001 to Rs. 8,00,000 20 per cent. Above … [Read more...] about Budget 2011 – What's there for individual tax payers?