What is a Cancer Insurance? The Cancer Insurance Policy offers coverage towards the costs of diagnosis biopsy, surgery, chemotherapy and/or radiotherapy, hospitalization and rehabilitation. Cancer Covers available in India? In India there are three types of insurance … [Read more...] about How to buy Best Cancer Insurance Plan in India?
howtos
How Claim in Overlapping Health Insurance Policy Period is Paid?
If a health insurance or mediclaim policy claim is filed in two overlapping policy periods, it will get the benefit of available sum insured in both of those two policy periods, including the deductibles for each policy period. However, such eligible claim payable to the … [Read more...] about How Claim in Overlapping Health Insurance Policy Period is Paid?
Which LIC Insurance Policy should I buy?
This question is always in your mind, when you are planning to buy a LIC policy. But now LIC has solved this problem. You can use LIC Online Insurance Advisor and get plan options based on your criteria immediately. Steps to follow: 1- Go to LIC Insurance Advisor 2- … [Read more...] about Which LIC Insurance Policy should I buy?
How to find Unclaimed and Outstanding amounts of Pvt Life Insurers Policies Online?
In India, Rs 6,700 crore is lying unclaimed with Indian private and public insurance companies at the end of March 31, 2014. Among Pvt life insurers, Reliance Life has the maximum unclaimed amount of policy holders at Rs 1,502 crore followed by Bajaj Allianz Life (Rs 544 crore) … [Read more...] about How to find Unclaimed and Outstanding amounts of Pvt Life Insurers Policies Online?
How to find Unclaimed and Outstanding amounts of LIC Policies Online?
You are in a difficult position, where you parent/relative passed away unexpectedly and you were unable to locate his LIC India life insurance policy. Despite an exhaustive search at home, you couldn't find any LIC Receipt, policy bond, paper work or detailed information. In … [Read more...] about How to find Unclaimed and Outstanding amounts of LIC Policies Online?
What is the Maximum Exemption allowable under 80C for Life Insurance Premium Paid?
Section 80C of the Income-tax Act, in section (3), sub-section (3A) - (3) The provisions of sub-section (2) shall apply only to so much of any premium or other payment made on an insurance policy, other than a contract for a deferred annuity,issued on or before 31st day of … [Read more...] about What is the Maximum Exemption allowable under 80C for Life Insurance Premium Paid?
How to Take Loan against LIC Policy?
Who is eligible? Only the policyholder, who is holding LIC India policy for more than three years is eligible to avail loan. How much loan could I take? LIC Loan amount varies depending on the policy amount and time period of the policy. The eligible loan amount is calculated … [Read more...] about How to Take Loan against LIC Policy?
How to File Maturity Claim for a LIC Policy?
Where a life insurance policy is maturing, the LIC India will usually sends advance intimation (two to three months in advance of the date of maturity) to the policyholder along with a blank discharge form/voucher for filling various details in it. The policyholder has to sign … [Read more...] about How to File Maturity Claim for a LIC Policy?
How to File Death Claim for a LIC Policy?
Step 1: Intimation of Death to LIC You could report your claim by phone, mail, fax or e-mail as soon as possible. When you call, please have the following information on hand: 1- Name of the deceased. 2- The policy number(s). 3- The date of death. 4- Your relationship with … [Read more...] about How to File Death Claim for a LIC Policy?
How to Change LIC Premium Payment Mode (or Frequency)?
LIC policyholders can choose any mode or frequency of payment of premiums of their choice (monthly, quarterly or yearly) at the time of commencement of their policy. Later on, if required by policyholder the mode or frequency of payment of premiums can be altered to higher or … [Read more...] about How to Change LIC Premium Payment Mode (or Frequency)?