ING Aashirvad is a guaranteed child life insurance plan that pays out monies and helps you plan for the career and marriage of your children. In this plan the parent and child are the life insured/s during the policy term and once your child's future is adequately secured through … [Read more...] about ING Life launches child plan – 'ING Aashirvad'
When we go for car insurance claim, we never get full claim amount. The insurance company say that it will pay as per the current market value of the damaged part or deduct depreciation from the claim amount. Always there are concern by insured that when at the time of proposing … [Read more...] about Motor Insurance – Add-on Covers
The Insurance Regulatory and Development Authority (Irda) bans Universal Life Plans(ULPs) from 23rd October’2010. What is a universal life plan? Universal Life is a life insurance plan where premiums are deposited into a fund and charges for insurance and other expenses are … [Read more...] about IRDA bans universal life plans from 23rd October
Mr and Mrs X bought a home insurance policy last year, only to be told that it would not pay out when they made a claim. Mr and Mrs X was away from the home for 45 days to Australia to see his son and his family, with no one occupying his home in India. On returning back to … [Read more...] about What your home insurance may not cover?
Audio Cover Includes stereos and any other permanent audio/visual equipment installed in your car. Act of God An unpreventable and unpredictable event that causes loss or damage. Insurance policies often exclude acts of God or acts of war, although they will usually cover … [Read more...] about Car Insurance terms… you should know before buying insurance policy
What are switches? This is the facility allowing the policyholder to change the investment pattern by moving from one fund to other fund(s) amongst the funds offered under the underlying product of the insurer. In other words - Switching funds simply means selling your … [Read more...] about How to switch funds in ULIPs?
Internet customers can go online and take advantage of insurance aggregator websites designed to cut premium costs. we are putting ten such websites, which might be already bookmarked by many internet users, there are a host of others which are worth adding to your favourites. … [Read more...] about Ten of the best … Insurance Aggregator in India
1. No Claims Last year - Get No Claim Bonus (NCB) and you can save up to 50% of Own Damage Premium. What is No Claim Bonus? If you do not have any insurance claim/s, you get No Claim Bonus (NCB) at the rates mentioned below (based on no of years of no claim) - the premium is … [Read more...] about Top Tips for Saving Money on Car Insurance
As per guidelines issued by the Association of Mutual Funds in India (AMFI), mutual funds are required to put in place strong processes by November 15, 2010 to ensure that Third-Party payment instruments are not used for mutual fund subscriptions. When payment is made from a … [Read more...] about Non-acceptance of Third Party Payments for mutual fund subscriptions effective November 15, 2010
The second largest general insurer Bajaj Allianz on Thursday launched a health card, JiyoFit, in association with Yes Bank, an initiative aimed to encourage customers to lead a healthy lifestyle. "Health insurance as a concept is associated with illness and hospitalisation. … [Read more...] about BajajAllianz launches health card to promote healthy lifestyle